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Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
484.48
-4.49 (-0.92%)
At close: Apr 6, 2026, 4:00 PM EDT
484.05
-0.43 (-0.09%)
After-hours: Apr 6, 2026, 7:51 PM EDT

Spotify Technology Income Statement

Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
17,18615,67313,24711,7279,668
Revenue Growth (YoY)
9.65%18.31%12.96%21.30%22.69%
Cost of Revenue
11,69010,9499,8508,8017,077
Gross Profit
5,4964,7243,3972,9262,591
Selling, General & Admin
1,9051,8732,1182,1981,585
Research & Development
1,3931,4861,7251,387912
Total Operating Expenses
3,2983,3593,8433,5852,497
Operating Income
2,1981,365-446-65994
Interest Income
292328161421246
Interest Expense
-266-352-220-132-91
Other Non-Operating Income (Expense)
26-24-59289155
Total Non-Operating Income (Expense)
52-48-118578310
Pretax Income
2,2241,341-505-370249
Provision for Income Taxes
122032760283
Net Income
2,2121,138-532-430-34
Net Income to Common
2,2121,138-532-430-34
Net Income Growth
94.38%----
Shares Outstanding (Basic)
205201195192193
Shares Outstanding (Diluted)
211207195194193
Shares Change (YoY)
1.70%6.30%0.38%0.77%1.26%
EPS (Basic)
10.775.67-2.73-2.24-0.18
EPS (Diluted)
10.515.50-2.73-2.24-0.18
EPS Growth
91.09%----
Shares Outstanding
205.83203.84197.14193.29192.15
Free Cash Flow
2,8722,28467421276
Free Cash Flow Growth
25.74%238.87%3109.52%-92.39%52.49%
Free Cash Flow Per Share
13.6411.033.460.111.43
Gross Margin
31.98%30.14%25.64%24.95%26.80%
Operating Margin
12.79%8.71%-3.37%-5.62%0.97%
Profit Margin
12.87%7.26%-4.02%-3.67%-0.35%
FCF Margin
16.71%14.57%5.09%0.18%2.85%
EBITDA
2,3001,486-288-488221
EBITDA Margin
13.38%9.48%-2.17%-4.16%2.29%
EBIT
2,1981,365-446-65994
EBIT Margin
12.79%8.71%-3.37%-5.62%0.97%
Effective Tax Rate
0.54%15.14%-5.35%-16.22%113.65%
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q