Spotify Technology S.A. drawdown: 39.1% below the all-time high
Spotify Technology S.A. is 39.1% below its all-time high, set Jun 26, 2025 (as of market close, Oct 2, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −39.1%
- 60.9% of ATH
- All-time high
- $775.9
- Jun 26, 2025
- Time below the high
- 15 mo
- since Jun 26, 2025
- Worst-ever drawdown
- −80.5%
- Nov 4, 2022
- Longest underwater
- 3.6 yrs
- between all-time highs
- Today's level first reached
- Nov 14, 2024
- 1.9 yrs ago
- Last time this deep
- Feb 1, 2024
- in a previous episode
% of all-time high since 2018#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2021 | Nov 4, 2022 | −80.5% | 1.7 yrs | Sep 20, 2024 | 3.6 yrs |
| Jun 26, 2025 | Feb 5, 2026 | −46.8% | 7 mo | not yet | 15 mo+ |
| Jul 26, 2018 | Dec 21, 2018 | −45.6% | 5 mo | Jun 17, 2020 | 1.9 yrs |
| Feb 13, 2025 | Mar 10, 2025 | −24.5% | 25 days | May 7, 2025 | 3 mo |
| Sep 1, 2020 | Sep 24, 2020 | −20.7% | 23 days | Dec 2, 2020 | 3 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2018: how far Spotify Technology S.A. stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Spotify Technology S.A. from its all-time high?
- Spotify Technology S.A. is currently 39.1% below its all-time high, set Jun 26, 2025 (as of market close, Oct 2, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Spotify Technology S.A. drawdown ever?
- The deepest decline on record in our data (since 2018) took Spotify Technology S.A. 80.5% below its prior high, bottoming Nov 4, 2022. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from SPOT; no free deep history exists for Spotify Technology S.A. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.