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Spotify Technology (SPOT) Cost of Revenue (2017 - 2025)

Historic Cost of Revenue for Spotify Technology (SPOT) over the last 9 years, with Q3 2025 value amounting to $3.4 billion.

  • Spotify Technology's Cost of Revenue rose 1315.16% to $3.4 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $12.8 billion, marking a year-over-year increase of 921.55%. This contributed to the annual value of $11.7 billion for FY2024, which is 1039.86% up from last year.
  • Latest data reveals that Spotify Technology reported Cost of Revenue of $3.4 billion as of Q3 2025, which was up 1315.16% from $3.3 billion recorded in Q2 2025.
  • Spotify Technology's Cost of Revenue's 5-year high stood at $3.4 billion during Q3 2025, with a 5-year trough of $1.9 billion in Q1 2021.
  • For the 5-year period, Spotify Technology's Cost of Revenue averaged around $2.6 billion, with its median value being $2.6 billion (2023).
  • Its Cost of Revenue has fluctuated over the past 5 years, first surged by 2933.99% in 2021, then surged by 536.12% in 2025.
  • Over the past 5 years, Spotify Technology's Cost of Revenue (Quarter) stood at $2.3 billion in 2021, then rose by 6.69% to $2.4 billion in 2022, then increased by 20.0% to $2.9 billion in 2023, then grew by 6.07% to $3.1 billion in 2024, then rose by 11.19% to $3.4 billion in 2025.
  • Its Cost of Revenue was $3.4 billion in Q3 2025, compared to $3.3 billion in Q2 2025 and $3.0 billion in Q1 2025.