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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) EBT Margin (2017 - 2026)

Spotify Technology's EBT Margin history spans 10 years, with the latest figure at 20.67% for Q1 2026.

  • On a quarterly basis, EBT Margin rose 1284.0% to 20.67% in Q1 2026 year-over-year; TTM through Mar 2026 was 16.27%, a 705.0% increase, with the full-year FY2025 number at 12.94%, up 438.0% from a year prior.
  • EBT Margin hit 20.67% in Q1 2026 for Spotify Technology, down from 22.53% in the prior quarter.
  • Over the last five years, EBT Margin for SPOT hit a ceiling of 22.53% in Q4 2025 and a floor of 9.19% in Q4 2022.
  • Historically, EBT Margin has averaged 4.6% across 5 years, with a median of 4.79% in 2024.
  • Biggest five-year swings in EBT Margin: tumbled -1260bps in 2023 and later surged 1533bps in 2024.
  • Tracing SPOT's EBT Margin over 5 years: stood at 9.19% in 2022, then skyrocketed by 61bps to 3.57% in 2023, then skyrocketed by 430bps to 11.76% in 2024, then soared by 92bps to 22.53% in 2025, then decreased by -8bps to 20.67% in 2026.
  • Business Quant data shows EBT Margin for SPOT at 20.67% in Q1 2026, 22.53% in Q4 2025, and 19.36% in Q3 2025.