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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Spotify Technology (SPOT) EBITDA Margin (2017 - 2026)

Spotify Technology's EBITDA Margin history spans 10 years, with the latest figure at 15.77% for Q1 2026.

  • On a quarterly basis, EBITDA Margin rose 363.0% to 15.77% in Q1 2026 year-over-year; TTM through Mar 2026 was 13.74%, a 324.0% increase, with the full-year FY2025 number at 12.79%, up 408.0% from a year prior.
  • EBITDA Margin hit 15.77% in Q1 2026 for Spotify Technology, up from 15.47% in the prior quarter.
  • Over the last five years, EBITDA Margin for SPOT hit a ceiling of 15.77% in Q1 2026 and a floor of 7.77% in Q2 2023.
  • Historically, EBITDA Margin has averaged 3.83% across 5 years, with a median of 4.62% in 2024.
  • Biggest five-year swings in EBITDA Margin: crashed -1051bps in 2022 and later soared 1476bps in 2024.
  • Tracing SPOT's EBITDA Margin over 5 years: stood at 7.3% in 2022, then soared by 72bps to 2.04% in 2023, then soared by 650bps to 11.24% in 2024, then surged by 38bps to 15.47% in 2025, then grew by 2bps to 15.77% in 2026.
  • Business Quant data shows EBITDA Margin for SPOT at 15.77% in Q1 2026, 15.47% in Q4 2025, and 13.62% in Q3 2025.