Spotify Technology (SPOT) EBIT (2017 - 2026)

Spotify Technology's (SPOT) quarterly EBIT came in at $837.1 million in Q1 2026, up 56.34% year-on-year from $535.4 million in Q1 2025, and up 2.58% quarter-over-quarter from $816.0 million in Q4 2025.

Spotify Technology (SPOT) EBIT (2017 - 2026) Analysis & Trends

Spotify Technology has disclosed EBIT across 10 years of filings, most recently posting $837.1 million for Q1 2026.

  • EBIT for Q1 2026 came in at $837.1 million, up 56.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.8 billion (up 52.61% YoY), and the FY2025 annual result was $2.6 billion, up 75.41% from the prior year.
  • EBIT came in at $837.1 million for Q1 2026 at Spotify Technology, up from $816.0 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of $837.1 million in Q1 2026 to a low of -$269.0 million in Q2 2023.
  • The 5-year median for EBIT is $182.5 million (2024), against an average of $214.4 million.
  • Across the five-year window, EBIT sank 2843.1% in 2022 and jumped 1331.3% in 2024, its largest moves.
  • Spotify Technology's EBIT stood at -$235.7 million in 2022, then surged by 65.76% to -$80.7 million in 2023, then jumped by 731.66% to $509.7 million in 2024, then surged by 60.09% to $816.0 million in 2025, then grew by 2.58% to $837.1 million in 2026.
  • The last three EBIT figures came in at $837.1 million (Q1 2026), $816.0 million (Q4 2025), and $680.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -128.00 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 39.70 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 22.87 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 837.08 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 182.91 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -80.29 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 90.03 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn -74.45 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 36.00 Mn
10 Match 8.04 Bn 7.01 Bn 653.28 Mn 236.42 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 837.08 Mn
Dec 31, 2025 815.99 Mn
Sep 30, 2025 680.39 Mn
Jun 30, 2025 459.58 Mn
Mar 31, 2025 535.41 Mn
Dec 31, 2024 509.72 Mn
Sep 30, 2024 498.59 Mn
Jun 30, 2024 286.45 Mn
Mar 31, 2024 182.51 Mn
Dec 31, 2023 -80.70 Mn
Sep 30, 2023 34.83 Mn
Jun 30, 2023 -268.96 Mn
Mar 31, 2023 -167.44 Mn
Dec 31, 2022 -235.68 Mn
Sep 30, 2022 -229.89 Mn
Jun 30, 2022 -207.01 Mn
Mar 31, 2022 -6.73 Mn
Dec 31, 2021 -8.01 Mn
Sep 30, 2021 88.45 Mn
Jun 30, 2021 14.45 Mn