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

Spotify Technology (SPOT) has 10 years of EBT Margin data on file, last reported at 20.67% in Q1 2026.

• Quarterly EBT Margin rose 1284.0% year-over-year to 20.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.27% (up 705.0% YoY) and the FY2025 annual result came in at 12.94%, up 438.0% from the prior year.
• EBT Margin slipped to 20.67% in Q1 2026 per SPOT's latest filing, from 22.53% in the prior quarter.
• The five-year high for EBT Margin was 22.53% in Q4 2025, with the low at 9.19% in Q4 2022.
• Average EBT Margin over 5 years is 4.6%, with a median of 4.79% recorded in 2024.
• Year-over-year, EBT Margin slumped 1260 bps in 2023 and jumped 1533 bps in 2024.
• Spotify Technology's EBT Margin stood at 9.19% in 2022, then soared by 61 bps to 3.57% in 2023, then soared by 430 bps to 11.76% in 2024, then surged by 92 bps to 22.53% in 2025, then dropped by 8 bps to 20.67% in 2026.
• Business Quant data shows SPOT's EBT Margin at 20.67% in Q1 2026, 22.53% in Q4 2025, and 19.36% in Q3 2025.