Spotify Technology S.A. (SPOT)
NYSE: SPOT · IEX Real-Time Price · USD
289.65
+5.11 (1.80%)
May 2, 2024, 1:10 PM EDT - Market open
Spotify Technology Revenue
Spotify Technology had revenue of $15.04B in the twelve months ending March 31, 2024, with 14.31% growth year-over-year. Revenue in the quarter ending March 31, 2024 was $3.95B with 19.53% year-over-year growth. In the year 2023, Spotify Technology had annual revenue of $14.72B with 17.98% growth.
Revenue (ttm)
$15.04B
Revenue Growth
+14.31%
P/S Ratio
3.75
Revenue / Employee
$1,649,081
Employees
9,123
Market Cap
56.54B USD
Revenue Chart
* The company reports in EUR currency but revenue data is shown in USD.
Revenue History
Fiscal Year End | Revenue | Change | Growth |
---|---|---|---|
Dec 31, 2023 | 14.72B | 2.24B | 17.98% |
Dec 31, 2022 | 12.48B | 1.49B | 13.55% |
Dec 31, 2021 | 10.99B | 1.38B | 14.33% |
Dec 31, 2020 | 9.61B | 2.01B | 26.44% |
Dec 31, 2019 | 7.60B | 1.56B | 25.73% |
Dec 31, 2018 | 6.04B | 1.14B | 23.16% |
Dec 31, 2017 | 4.91B | 1.80B | 57.99% |
Dec 31, 2016 | 3.11B | 999.63M | 47.44% |
Dec 31, 2015 | 2.11B | - | - |
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.
Revenue Definition
Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.
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SPOT News
- 6 hours ago - Highly ranked manager who bet on Mag 7 giants looks to these second-order winners from AI - Market Watch
- 6 days ago - Spotify Q1 Gross Profit Tops $1 Billion – 3 Trends For Continued Growth - Forbes
- 7 days ago - Spotify says Apple has rejected its app update with price information for EU users - Reuters
- 8 days ago - Spotify submits a new update to Apple with pricing information for EU users - TechCrunch
- 8 days ago - Spotify CEO Daniel Ek has realized laying off 1,500 people at one go may have created a 'significant challenge' for Spotify's day-to-day operations - Business Insider
- 8 days ago - Spotify reaches record high earnings — but misses target on monthly active users - New York Post
- 8 days ago - Spotify Dubs 2024 ‘Year of Monetization' as Subscribers Surge 14% in Q1 - PYMNTS
- 8 days ago - Spotify Stock Soars as Monthly Active Users Jump - Investopedia