Spotify Technology S.A. (SPOT)

Revenue

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Premium Revenue	15.76B	15.39B	13.88B
Premium Revenue Growth	2.37%	10.93%	19.96%
Ad-Supported Revenue	1.77B	1.80B	1.80B
Ad-Supported Revenue Growth	-1.23%	-0.17%	6.96%
Revenue (Total)	17.53B	17.19B	15.67B
Revenue (Total) Growth	2.00%	9.65%	18.31%

Revenue by Geography

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
United States Revenue	6.41B	6.47B	6.14B
United States Revenue Growth	-0.90%	5.44%	17.44%
Luxembourg Revenue	13.00M	13.00M	10.00M
Luxembourg Revenue Growth	-	30.00%	11.11%
United Kingdom Revenue	-	-	1.48B
United Kingdom Revenue Growth	-	-	20.57%
Other Countries Revenue	-	-	8.04B
Other Countries Revenue Growth	-	-	18.59%
Total Other Countries Revenue	11.10B	10.70B	9.53B
Total Other Countries Revenue Growth	3.75%	12.34%	18.89%
Revenue (Total)	17.53B	17.19B	15.67B
Revenue (Total) Growth	2.00%	9.65%	18.31%

Gross Profit

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Premium Gross Profit	5.36B	5.18B	4.52B
Premium Gross Profit Growth	3.40%	14.61%	35.62%
Ad-Supported Gross Profit	305.00M	312.00M	201.00M
Ad-Supported Gross Profit Growth	-2.24%	55.22%	224.19%
Gross Profit (Total)	5.67B	5.50B	4.72B
Gross Profit (Total) Growth	3.08%	16.34%	39.06%

Key Performance Indicators

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Premium Subscribers	293.00M	290.00M	263.00M
Premium Subscribers Growth	1.03%	10.27%	11.44%
Ad-Supported Monthly Active Users (MAU)	483.00M	476.00M	425.00M
Ad-Supported Monthly Active Users (MAU) Growth	1.47%	12.00%	12.14%
Total Monthly Active Users (MAU)	761.00M	751.00M	675.00M
Total Monthly Active Users (MAU) Growth	1.33%	11.26%	12.13%
Monthly Premium Average Revenue per User (ARPU)	-	4.63	4.69
Monthly Premium Average Revenue per User (ARPU) Growth	-	-1.28%	6.83%

Data Source: Fiscal.ai Last updated: Apr 28, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jun 25, 2026

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