Spotify Technology (SPOT) Gross Profit (2017 - 2026)
Spotify Technology (SPOT) posted Gross Profit of $1.8 billion for Q1 2026, little changed sequentially from $1.7 billion in Q4 2025, and up 25.49% YoY from $1.4 billion in Q1 2025.
Spotify Technology (SPOT) Gross Profit (2017 - 2026) Analysis & Trends
Spotify Technology has reported Gross Profit for 10 years, with the latest figure at $1.8 billion in Q1 2026.
- Quarterly Gross Profit rose 25.49% year-over-year to $1.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.6 billion (up 21.29% YoY) and the FY2025 annual result came in at $6.4 billion, up 26.73% from the prior year.
- Gross Profit steadied at $1.8 billion in Q1 2026 per SPOT's latest filing, from $1.7 billion in the prior quarter.
- Over five years, Gross Profit peaked at $1.8 billion in Q1 2026 and troughed at $751.2 million in Q2 2022.
- A 5-year average of $1.2 billion and a median of $1.1 billion in 2024 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2024: Gross Profit slipped 5.91% in 2022, then jumped 43.57% in 2024.
- Over 5 years, Gross Profit stood at $817.2 million in 2022, then climbed by 29.03% to $1.1 billion in 2023, then soared by 38.64% to $1.5 billion in 2024, then advanced by 19.36% to $1.7 billion in 2025, then advanced by 0.31% to $1.8 billion in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $1.8 billion, $1.7 billion, and $1.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,258.20 Bn | 3,829.16 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,548.74 Bn | 1,458.48 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,143.24 Bn | 1,143.10 Bn | 139.48 Mn |
| 4 | Baidu | 288.32 Bn | 283.82 Bn | 1.88 Mn |
| 5 | Spotify Technology | 105.26 Bn | 95.02 Bn | 1.75 Bn |
| 6 | Joyy | 78.34 Bn | 77.45 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.85 Bn | 40.22 Bn | 295.20 Mn |
| 9 | 30.93 Bn | 28.14 Bn | 734.60 Mn | |
| 10 | Tencent Music Entertainment | 27.51 Bn | 24.81 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.75 Bn |
| Mar 31, 2026 | 1.75 Bn |
| Dec 31, 2025 | 1.74 Bn |
| Dec 31, 2025 | 1.74 Bn |
| Sep 30, 2025 | 1.58 Bn |
| Sep 30, 2025 | 1.58 Bn |
| Jun 30, 2025 | 1.49 Bn |
| Jun 30, 2025 | 1.49 Bn |
| Mar 31, 2025 | 1.39 Bn |
| Mar 31, 2025 | 1.39 Bn |
| Dec 31, 2024 | 1.46 Bn |
| Dec 31, 2024 | 1.46 Bn |
| Sep 30, 2024 | 1.36 Bn |
| Sep 30, 2024 | 1.36 Bn |
| Jun 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.20 Bn |
| Mar 31, 2024 | 1.09 Bn |
| Mar 31, 2024 | 1.09 Bn |
| Dec 31, 2023 | 1.05 Bn |
| Dec 31, 2023 | 1.05 Bn |