Spotify Technology S.A. (SPOT)

NYSE: SPOT · Real-Time Price · USD

497.68

-19.03 (-3.68%)

At close: May 29, 2026, 4:00 PM EDT

497.14

-0.54 (-0.11%)

After-hours: May 29, 2026, 7:56 PM EDT

Spotify Technology Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17,529	17,186	15,673	13,247	11,727	9,668
Revenue Growth (YoY)	8.02%	9.65%	18.31%	12.96%	21.30%	22.69%
Cost of Revenue	11,864	11,690	10,949	9,850	8,801	7,077
Gross Profit	5,665	5,496	4,724	3,397	2,926	2,591
Selling, General & Admin	1,916	1,905	1,873	2,118	2,198	1,585
Research & Development	1,345	1,393	1,486	1,725	1,387	912
Total Operating Expenses	3,261	3,298	3,359	3,843	3,585	2,497
Operating Income	2,404	2,198	1,365	-446	-659	94
Interest Income	948	292	328	161	421	246
Interest Expense	-519	-266	-352	-220	-132	-91
Total Non-Operating Income (Expense)	429	26	-24	-59	289	155
Pretax Income	2,833	2,224	1,341	-505	-370	249
Provision for Income Taxes	125	12	203	27	60	283
Net Income	2,708	2,212	1,138	-532	-430	-34
Net Income to Common	2,708	2,212	1,138	-532	-430	-34
Net Income Growth	132.25%	94.38%	-	-	-	-
Shares Outstanding (Basic)	206	205	201	195	193	191
Shares Outstanding (Diluted)	210	211	207	195	196	194
Shares Change (YoY)	0.99%	1.70%	6.30%	-0.57%	0.98%	3.39%
EPS (Basic)	13.15	10.77	5.67	-2.73	-2.23	-0.18
EPS (Diluted)	10.74	10.51	5.50	-2.73	-2.93	-1.03
EPS Growth	91.44%	91.09%	-	-	-	-
Shares Outstanding	205.83	205.83	203.84	197.14	193.29	192.15
Free Cash Flow	2,334	2,872	2,284	674	21	276
Free Cash Flow Growth	-18.73%	25.74%	238.87%	3109.52%	-92.39%	52.49%
Free Cash Flow Per Share	11.10	13.64	11.03	3.46	0.11	1.42
Gross Margin	32.32%	31.98%	30.14%	25.64%	24.95%	26.80%
Operating Margin	13.71%	12.79%	8.71%	-3.37%	-5.62%	0.97%
Profit Margin	15.45%	12.87%	7.26%	-4.02%	-3.67%	-0.35%
FCF Margin	13.32%	16.71%	14.57%	5.09%	0.18%	2.85%
EBITDA	2,505	2,300	1,486	-288	-488	221
EBITDA Margin	14.29%	13.38%	9.48%	-2.17%	-4.16%	2.29%
EBIT	2,404	2,198	1,365	-446	-659	94
EBIT Margin	13.71%	12.79%	8.71%	-3.37%	-5.62%	0.97%
Effective Tax Rate	4.41%	0.54%	15.14%	-5.35%	-16.22%	113.66%

SEC Filings: 10-K · 10-Q