Spotify Technology (SPOT) Gross Profit (2017 - 2026)
Spotify Technology's (SPOT) quarterly Gross Profit came in at $1.8 billion in Q1 2026, up 25.49% year-on-year from $1.4 billion in Q1 2025, and little changed quarter-over-quarter from $1.7 billion in Q4 2025.
Spotify Technology (SPOT) Gross Profit (2017 - 2026) Analysis & Trends
Spotify Technology has disclosed Gross Profit across 10 years of filings, most recently posting $1.8 billion for Q1 2026.
- Gross Profit for Q1 2026 came in at $1.8 billion, up 25.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.6 billion (up 21.29% YoY), and the FY2025 annual result was $6.4 billion, up 26.73% from the prior year.
- Gross Profit came in at $1.8 billion for Q1 2026 at Spotify Technology, roughly flat from $1.7 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $1.8 billion in Q1 2026 to a low of $751.2 million in Q2 2022.
- The 5-year median for Gross Profit is $1.1 billion (2024), against an average of $1.2 billion.
- Across the five-year window, Gross Profit retreated 5.91% in 2022 and surged 43.57% in 2024, its largest moves.
- Spotify Technology's Gross Profit stood at $817.2 million in 2022, then gained by 29.03% to $1.1 billion in 2023, then jumped by 38.64% to $1.5 billion in 2024, then rose by 19.36% to $1.7 billion in 2025, then rose by 0.31% to $1.8 billion in 2026.
- The last three Gross Profit figures came in at $1.8 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn |
| 10 | Match | 8.04 Bn | 7.01 Bn | 653.28 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 |