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Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
379.16
+2.29 (0.61%)
At close: Oct 25, 2024, 4:00 PM
377.62
-1.54 (-0.41%)
After-hours: Oct 25, 2024, 7:48 PM EDT

Spotify Technology Operating Metrics

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
Premium ARPU
4.62 4.55 4.60 4.34 4.27 4.32 4.55 4.63
Premium ARPU Growth
8.20% 5.32% 1.10% -6.26% -5.95% -1.37% 3.41% 6.68%

Revenue by Segment
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
Premium Revenue
12.68B 12.10B 11.55B 11.10B 10.84B 10.57B 10.25B 9.83B
Premium Revenue Growth
16.94% 14.45% 12.70% 12.93% 15.87% 18.68% 21.17% 22.07%
Ad-Supported Revenue
1.79B 1.74B 1.68B 1.68B 1.62B 1.57B 1.53B 1.42B
Ad-Supported Revenue Growth
10.88% 10.68% 10.16% 18.16% 18.98% 23.47% 26.32% 29.77%

Gross Margin by Segment
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
Premium Gross Margin
31.40% 30.20% 29.10% 29.10% 28.40% 28.60% 28.60% 28.00%
Total Gross Margin
29.20% 27.60% 26.70% 26.40% 25.50% 25.20% 25.30% 24.70%
Ad-Supported Gross Margin
13.40% 6.40% 11.60% 8.30% -5.70% -3.00% 5.10% 1.80%

Users
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
Total Users
626.00M 615.00M 602.00M 574.00M 551.00M 515.00M 489.00M 456.00M
Total Users Growth
13.61% 19.42% 23.11% 25.88% 27.25% 22.04% 20.44% 19.69%
Ad-Supported Users
393.00M 388.00M 379.00M 361.00M 343.00M 317.00M 295.00M 273.00M
Ad-Supported Users Growth
14.58% 22.40% 28.47% 32.23% 33.98% 25.79% 25.00% 24.09%
Premium Users
246.00M 239.00M 236.00M 226.00M 220.00M 210.00M 205.00M 195.00M
Premium Users Growth
11.82% 13.81% 15.12% 15.90% 17.02% 15.38% 13.89% 13.37%

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 Revenue
7.47B 7.12B 6.78B 6.49B 6.28B 6.10B 5.90B 5.67B
Other Countries Revenue Growth
18.88% 16.76% 15.06% 14.48% 15.48% 16.96% 18.47% 19.55%
US Revenue
5.65B 5.43B 5.23B 5.07B 4.99B 4.88B 4.71B 4.48B
US Revenue Growth
13.21% 11.25% 10.89% 13.15% 19.01% 24.52% 27.63% 29.80%
United Kingdom Revenue
1.35B 1.28B 1.23B 1.18B 1.14B 1.12B 1.11B 1.10B
United Kingdom Revenue Growth
17.76% 14.25% 10.51% 7.48% 6.23% 7.77% 11.97% 15.73%
Luxembourg Revenue
9.00M 9.00M 9.00M 7.00M 7.00M 7.00M 7.00M 7.00M
Luxembourg Revenue Growth
28.57% 28.57% 28.57% - - - 16.67% -

Operating Expense Breakdown
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
Research and Development
1.61B 1.68B 1.73B 1.67B 1.69B 1.57B 1.39B 1.23B
Research and Development Growth
-4.97% 6.81% 24.37% 36.49% 61.32% 62.73% 52.08% 37.49%
Sales and Marketing
1.45B 1.51B 1.53B 1.55B 1.63B 1.62B 1.57B 1.46B
Sales and Marketing Growth
-10.85% -6.96% -2.48% 6.51% 24.79% 35.82% 38.50% 33.98%
General and Administrative
531.00M 568.00M 585.00M 594.00M 625.00M 635.00M 626.00M 588.00M
General and Administrative Growth
-15.04% -10.55% -6.55% 1.02% 17.26% 32.57% 39.11% 33.03%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.