Spotify Technology S.A. (SPOT)

Spotify Technology Revenue

Spotify Technology had revenue of 4.97B EUR in the quarter ending September 30, 2026, with 16.32% growth. This brings the company's total for the last twelve months to 18.81B, up 11.32% year-over-year. In the year 2025, Spotify Technology had annual revenue of 17.19B with 9.65% growth. That makes Spotify Technology the 710th largest company in the world by revenue and 237th in the United States.

• Revenue (ttm): 18.81B EUR
• Revenue Growth: +11.32%
• P/S Ratio: 5.36
• Revenue / Employee: 2,568,619 EUR
• Employees: 7,323
• Market Cap: 114.53B USD

Revenue Chart

Chart

Chart

* This company reports financials in EUR.

Revenue by Segment

By Segment

Chart

• Premium 15.39B 89.6%
• Ad-Supported 1.80B 10.4%

By Geography

Chart

• United States 6.47B 99.8%
• Luxembourg 13.00M 0.2%

Fiscal year ended Dec 31, 2025 See the full Spotify Technology breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	17.19B	1.51B	9.65%
Dec 31, 2024	15.67B	2.43B	18.31%
Dec 31, 2023	13.25B	1.52B	12.96%
Dec 31, 2022	11.73B	2.06B	21.30%
Dec 31, 2021	9.67B	1.79B	22.69%
Dec 31, 2020	7.88B	1.12B	16.50%
Dec 31, 2019	6.76B	1.51B	28.62%
Dec 31, 2018	5.26B	1.17B	28.58%
Dec 31, 2017	4.09B	1.14B	38.55%
Dec 31, 2016	2.95B	1.01B	52.16%
Dec 31, 2015	1.94B	-	-

Data Source: Fiscal.ai Last updated: Oct 22, 2026

Revenue 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:

Oct 28, 2026

Data Sources Report a data error