Spotify Technology S.A. (ETR:639)
Germany · Delayed Price · Currency is EUR 545.40
-1.70 (-0.31%)
Nov 5, 2025, 11:43 AM CET
Spotify Technology Income Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| 16,897 | 15,673 | 13,247 | 11,727 | 9,668 | 7,880 | Upgrade | |
Revenue Growth (YoY) | 11.89% | 18.31% | 12.96% | 21.30% | 22.69% | 16.50% | Upgrade |
Cost of Revenue | 11,515 | 10,932 | 9,799 | 8,801 | 7,077 | 5,865 | Upgrade |
Gross Profit | 5,382 | 4,741 | 3,448 | 2,926 | 2,591 | 2,015 | Upgrade |
Selling, General & Admin | 1,895 | 1,856 | 1,999 | 2,198 | 1,585 | 1,471 | Upgrade |
Research & Development | 1,470 | 1,477 | 1,531 | 1,387 | 912 | 837 | Upgrade |
Operating Expenses | 3,365 | 3,333 | 3,530 | 3,585 | 2,497 | 2,308 | Upgrade |
Operating Income | 2,017 | 1,408 | -82 | -659 | 94 | -293 | Upgrade |
Interest Expense | -42 | -36 | -38 | -41 | -69 | -54 | Upgrade |
Interest & Investment Income | 214 | 242 | 131 | 47 | 11 | 17 | Upgrade |
Currency Exchange Gain (Loss) | -14 | 30 | -52 | 72 | 47 | -129 | Upgrade |
Other Non Operating Income (Expenses) | -430 | -260 | -100 | 211 | 166 | -250 | Upgrade |
EBT Excluding Unusual Items | 1,745 | 1,384 | -141 | -370 | 249 | -709 | Upgrade |
Merger & Restructuring Charges | - | - | -241 | - | - | - | Upgrade |
Asset Writedown | -43 | -43 | -123 | - | - | - | Upgrade |
Pretax Income | 1,702 | 1,341 | -505 | -370 | 249 | -709 | Upgrade |
Income Tax Expense | 297 | 203 | 27 | 60 | 283 | -128 | Upgrade |
Earnings From Continuing Operations | - | 1,138 | -532 | -430 | -34 | -581 | Upgrade |
Net Income to Company | - | 1,138 | -532 | -430 | -34 | -581 | Upgrade |
Net Income | 1,405 | 1,138 | -532 | -430 | -34 | -581 | Upgrade |
Net Income to Common | 1,405 | 1,138 | -532 | -430 | -34 | -581 | Upgrade |
Shares Outstanding (Basic) | 205 | 201 | 195 | 193 | 191 | 188 | Upgrade |
Shares Outstanding (Diluted) | 211 | 207 | 195 | 196 | 194 | 188 | Upgrade |
Shares Change (YoY) | 3.74% | 6.30% | -0.57% | 0.98% | 3.39% | 3.66% | Upgrade |
EPS (Basic) | 6.86 | 5.67 | -2.73 | -2.23 | -0.18 | -3.10 | Upgrade |
EPS (Diluted) | 5.71 | 5.50 | -2.73 | -2.93 | -1.03 | -3.10 | Upgrade |
Free Cash Flow | 2,915 | 2,284 | 674 | 21 | 276 | 181 | Upgrade |
Free Cash Flow Per Share | 13.80 | 11.03 | 3.46 | 0.11 | 1.42 | 0.96 | Upgrade |
Gross Margin | 31.85% | 30.25% | 26.03% | 24.95% | 26.80% | 25.57% | Upgrade |
Operating Margin | 11.94% | 8.98% | -0.62% | -5.62% | 0.97% | -3.72% | Upgrade |
Profit Margin | 8.31% | 7.26% | -4.02% | -3.67% | -0.35% | -7.37% | Upgrade |
Free Cash Flow Margin | 17.25% | 14.57% | 5.09% | 0.18% | 2.85% | 2.30% | Upgrade |
EBITDA | 2,061 | 1,477 | 8 | -488 | 221 | -182 | Upgrade |
EBITDA Margin | 12.20% | 9.42% | 0.06% | -4.16% | 2.29% | -2.31% | Upgrade |
D&A For EBITDA | 44 | 69 | 90 | 171 | 127 | 111 | Upgrade |
EBIT | 2,017 | 1,408 | -82 | -659 | 94 | -293 | Upgrade |
EBIT Margin | 11.94% | 8.98% | -0.62% | -5.62% | 0.97% | -3.72% | Upgrade |
Effective Tax Rate | 17.45% | 15.14% | - | - | 113.66% | - | Upgrade |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.