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Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
486.33
-13.61 (-2.72%)
At close: Aug 3, 2026, 4:00 PM EDT
458.21
-28.12 (-5.78%)
Pre-market: Aug 4, 2026, 9:19 AM EDT

Spotify Technology Operating Metrics

Period EndingJun 30, 2026Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 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, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017
Premium Avg. Revenue Per User
4.894.764.704.534.574.734.854.71
Premium Avg. Revenue Per User Growth
7.00%0.63%-3.09%-3.82%-1.08%3.96%5.43%8.53%

Revenue by Segment

Period EndingJun 30, 2026Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 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
16.33B15.76B15.39B15.08B14.76B14.36B13.82B13.28B
Premium Growth
10.69%9.76%11.38%13.49%16.40%18.64%19.61%19.68%
Ad-Supported
1.78B1.77B1.80B1.82B1.86B1.87B1.85B1.82B
Ad-Supported Growth
-4.15%-5.29%-3.18%0.17%3.51%7.52%10.29%8.28%

Users

Period EndingJun 30, 2026Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 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
3.00B2.92B2.84B2.76B2.69B2.62B2.56B2.48B
Total Growth
11.64%11.53%11.03%11.24%11.25%11.83%14.01%16.63%
Ad-Supported
1.90B1.84B1.78B1.73B1.68B1.64B1.61B1.56B
Ad-Supported Growth
12.83%11.87%10.57%10.56%10.65%11.69%14.86%18.69%
Premium
1.16B1.14B1.12B1.09B1.06B1.03B1.00B973.00M
Premium Growth
9.92%10.79%11.50%11.82%11.83%11.73%12.11%13.01%

Gross Margin by Segment

Period EndingJun 30, 2026Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 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
34.9034.8034.8033.2033.1033.5034.7033.50
Total
33.4033.0033.1031.6031.5031.6032.2031.10
Ad-Supported
19.1013.0020.0017.6017.3014.0015.1013.10

Revenue by Geography

Period EndingMar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 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, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017
Other Countries
11.50B10.70B9.56B8.90B8.28B8.04B7.78B7.47B---
Other Countries Growth
38.93%33.06%22.80%19.13%16.29%18.59%19.89%18.88%---
United States
6.41B6.47B6.53B6.52B6.39B6.14B5.90B5.65B---
United States Growth
0.31%5.44%10.69%15.35%17.72%17.44%16.34%13.21%---
Luxembourg
13.00M13.00M13.00M12.00M11.00M10.00M9.00M9.00M---
Luxembourg Growth
18.18%30.00%44.44%33.33%22.22%11.11%28.57%28.57%---
United Kingdom
-398.00M804.00M1.19B1.55B1.48B1.42B1.35B---
United Kingdom Growth
--73.16%-43.26%-11.66%20.42%20.57%20.29%17.76%---

Operating Expense Breakdown

Period EndingJun 30, 2026Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 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
Sales and Marketing
1.48B1.45B1.43B1.42B1.40B1.38B1.39B1.43B
Sales and Marketing Growth
5.49%5.21%2.44%-0.77%-3.51%-8.48%-9.20%-7.92%
Research and Development
1.33B1.35B1.39B1.48B1.51B1.48B1.49B1.58B
Research and Development Growth
-11.84%-8.88%-6.26%-6.27%-5.79%-12.09%-13.86%-5.62%
General and Administrative
475.00M462.00M479.00M492.00M493.00M482.00M481.00M514.00M
General and Administrative Growth
-3.65%-4.15%-0.42%-4.28%-7.16%-15.14%-17.78%-13.47%