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

Spotify Technology has disclosed EBT Margin across 10 years of filings, most recently posting 15.07% for Q2 2026.

• In Q2 2026, EBT Margin rose 1393.0% year-over-year to 15.07%; the TTM figure through Jun 2026 stood at 19.35% (up 1177.0% YoY), while the FY2025 annual figure was 12.94%, up 438.0% from the prior year.
• EBT Margin came in at 15.07% for Q2 2026 at Spotify Technology, down from 20.67% in the prior quarter.
• In the past five years, EBT Margin ranged from a high of 22.53% in Q4 2025 to a low of 9.19% in Q4 2022.
• Average EBT Margin over 5 years is 5.18%, with a median of 5.31% recorded in 2022.
• Year-over-year, EBT Margin tumbled 1260 bps in 2023 and jumped 1533 bps in 2024.
• Over 5 years, 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 tumbled by 33 bps to 15.07% in 2026.
• Per Business Quant data, the three most recent EBT Margin figures were 15.07% in Q2 2026, 20.67% in Q1 2026, and 22.53% in Q4 2025.