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Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
471.73
+1.72 (0.36%)
Nov 21, 2024, 12:55 PM EST - Market open

Spotify Technology Revenue by Segment
Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Premium
13.28B 12.68B 12.10B 11.55B 11.10B 10.84B 10.57B 10.25B
Premium Growth
19.68% 16.94% 14.45% 12.70% 12.93% 15.87% 18.68% 21.17%
Ad-Supported
1.82B 1.79B 1.74B 1.68B 1.68B 1.62B 1.57B 1.53B
Ad-Supported Growth
8.28% 10.88% 10.68% 10.16% 18.16% 18.98% 23.47% 26.32%

Gross Margin by Segment
Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Premium
33.50% 31.40% 30.20% 29.10% 29.10% 28.40% 28.60% 28.60%
Total
31.10% 29.20% 27.60% 26.70% 26.40% 25.50% 25.20% 25.30%
Ad-Supported
13.10% 13.40% 6.40% 11.60% 8.30% -5.70% -3.00% 5.10%

Users
Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Total
640.00M 626.00M 615.00M 602.00M 574.00M 551.00M 515.00M 489.00M
Total Growth
11.50% 13.61% 19.42% 23.11% 25.88% 27.25% 22.04% 20.44%
Ad-Supported
402.00M 393.00M 388.00M 379.00M 361.00M 343.00M 317.00M 295.00M
Ad-Supported Growth
11.36% 14.58% 22.40% 28.47% 32.23% 33.98% 25.79% 25.00%
Premium
252.00M 246.00M 239.00M 236.00M 226.00M 220.00M 210.00M 205.00M
Premium Growth
11.50% 11.82% 13.81% 15.12% 15.90% 17.02% 15.38% 13.89%

Operating Metrics

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Premium Avg. Revenue Per User
4.71 4.62 4.55 4.60 4.34 4.27 4.32 4.55
Premium Avg. Revenue Per User Growth
8.53% 8.20% 5.32% 1.10% -6.26% -5.95% -1.37% 3.41%

Revenue by Geography
Period Ending Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Other Countries
7.47B 7.12B 6.78B 6.49B 6.28B 6.10B 5.90B
Other Countries Growth
18.88% 16.76% 15.06% 14.48% 15.48% 16.96% 18.47%
US
5.65B 5.43B 5.23B 5.07B 4.99B 4.88B 4.71B
US Growth
13.21% 11.25% 10.89% 13.15% 19.01% 24.52% 27.63%
United Kingdom
1.35B 1.28B 1.23B 1.18B 1.14B 1.12B 1.11B
United Kingdom Growth
17.76% 14.25% 10.51% 7.48% 6.23% 7.77% 11.97%
Luxembourg
9.00M 9.00M 9.00M 7.00M 7.00M 7.00M 7.00M
Luxembourg Growth
28.57% 28.57% 28.57% - - - 16.67%

Operating Expense Breakdown
Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Research and Development
1.58B 1.61B 1.68B 1.73B 1.67B 1.69B 1.57B 1.39B
Research and Development Growth
-5.62% -4.97% 6.81% 24.37% 36.49% 61.32% 62.73% 52.08%
Sales and Marketing
1.43B 1.45B 1.51B 1.53B 1.55B 1.63B 1.62B 1.57B
Sales and Marketing Growth
-7.92% -10.85% -6.96% -2.48% 6.51% 24.79% 35.82% 38.50%
General and Administrative
514.00M 531.00M 568.00M 585.00M 594.00M 625.00M 635.00M 626.00M
General and Administrative Growth
-13.47% -15.04% -10.55% -6.55% 1.02% 17.26% 32.57% 39.11%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.