Spotify Technology (SPOT) EBIT (2017 - 2026)
Spotify Technology's (SPOT) quarterly EBIT came in at $761.3 million in Q2 2026, up 65.66% year-over-year from $459.6 million in Q2 2025, and down 9.05% quarter-over-quarter from $837.1 million in Q1 2026.
Analysis
Spotify Technology (SPOT) EBIT (2017 - 2026) Analysis & Trends
Spotify Technology has disclosed EBIT across 10 years of filings, most recently posting $761.3 million for Q2 2026.
- In Q2 2026, EBIT rose 65.66% year-over-year to $761.3 million; the TTM figure through Jun 2026 stood at $3.1 billion (up 54.49% YoY), while the FY2025 annual figure was $2.6 billion, up 75.41% from the prior year.
- EBIT came in at $761.3 million for Q2 2026 at Spotify Technology, down from $837.1 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.
- Average EBIT over 5 years is $244.7 million, with a median of $234.5 million recorded in 2024.
- Year-over-year, EBIT plunged 2843.1% in 2022 and surged 1331.3% in 2024.
- Over 5 years, 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 fell by 6.7% to $761.3 million in 2026.
- Per Business Quant data, the three most recent EBIT figures were $761.3 million in Q2 2026, $837.1 million in Q1 2026, and $816.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 4.19 Bn |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | 761.35 Mn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | 447.00 Mn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | 31.23 Mn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | -15.38 Mn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | -1.03 Mn |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | -15.31 Mn |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | -775,000.00 |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | 9.18 Mn |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | -5.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 761.35 Mn |
| 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 |