Spotify Technology (SPOT) Consolidated Net Income (2017 - 2026)
Spotify Technology (SPOT) recorded Consolidated Net Income of $595.92 million in Q3 2026, down 43.3% from $1.05 billion a year earlier and down 5.9% from the prior quarter.
Powered by 
Analysis
Spotify Technology (SPOT) Consolidated Net Income (2017 - 2026) Analysis & Trends
On a TTM basis, Spotify Technology's Consolidated Net Income came in at $3.44 billion as of Sep 30, 2026, up 117.4% year-over-year; for FY2025, it was $2.57 billion, up 111.7% from FY2024.
- Across earlier years, Consolidated Net Income came in at $1.22 billion in FY2024, -$575.47 million in FY2023, -$453.2 million in FY2022 and -$40.24 million in FY2021.
- The Q3 2026 figure is the lowest quarterly Consolidated Net Income since Q2 2025.
- On a year-over-year basis, Consolidated Net Income rose in four of the last five quarters, with growth averaging 138.3%.
- Per Business Quant, the preceding three quarters came in at $633.49 million (Q2 2026), $844.11 million (Q1 2026) and $1.37 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 26.47 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 9.86 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 3.66 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 1.54 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 462.00 Mn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 569.00 Mn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 1.44 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 595.92 Mn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 2.72 Bn |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | 4.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 595.92 Mn |
| Jun 30, 2026 | 633.49 Mn |
| Mar 31, 2026 | 844.11 Mn |
| Dec 31, 2025 | 1.37 Bn |
| Sep 30, 2025 | 1.05 Bn |
| Jun 30, 2025 | -97.35 Mn |
| Mar 31, 2025 | 236.67 Mn |
| Dec 31, 2024 | 392.17 Mn |
| Sep 30, 2024 | 329.47 Mn |
| Jun 30, 2024 | 295.07 Mn |
| Mar 31, 2024 | 214.01 Mn |
| Dec 31, 2023 | -75.32 Mn |
| Sep 30, 2023 | 70.76 Mn |
| Jun 30, 2023 | -328.86 Mn |
| Mar 31, 2023 | -241.50 Mn |
| Dec 31, 2022 | -275.47 Mn |
| Sep 30, 2022 | -167.37 Mn |
| Jun 30, 2022 | -133.38 Mn |
| Mar 31, 2022 | 147.03 Mn |
| Dec 31, 2021 | -44.61 Mn |
API Access
Spotify Technology Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "SPOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();