Spotify Technology (SPOT) Gross Profit (2017 - 2026)
Spotify Technology's (SPOT) quarterly Gross Profit came in at $1.9 billion in Q2 2026, up 24.16% year-over-year from $1.5 billion in Q2 2025, and up 5.99% quarter-over-quarter from $1.8 billion in Q1 2026.
Analysis
Spotify Technology (SPOT) Gross Profit (2017 - 2026) Analysis & Trends
Spotify Technology has disclosed Gross Profit across 10 years of filings, most recently posting $1.9 billion for Q2 2026.
- In Q2 2026, Gross Profit rose 24.16% year-over-year to $1.9 billion; the TTM figure through Jun 2026 stood at $6.9 billion (up 21.3% YoY), while the FY2025 annual figure was $6.4 billion, up 26.73% from the prior year.
- Gross Profit came in at $1.9 billion for Q2 2026 at Spotify Technology, up from $1.8 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $1.9 billion in Q2 2026 to a low of $751.2 million in Q2 2022.
- Average Gross Profit over 5 years is $1.2 billion, with a median of $1.1 billion recorded in 2024.
- Year-over-year, Gross Profit decreased 5.91% in 2022 and soared 43.57% in 2024.
- Over 5 years, 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 increased by 6.32% to $1.9 billion in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $1.9 billion in Q2 2026, $1.8 billion in Q1 2026, and $1.7 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.86 Bn |
| Mar 31, 2026 | 1.75 Bn |
| Dec 31, 2025 | 1.74 Bn |
| Sep 30, 2025 | 1.58 Bn |
| Jun 30, 2025 | 1.49 Bn |
| Mar 31, 2025 | 1.39 Bn |
| Dec 31, 2024 | 1.46 Bn |
| Sep 30, 2024 | 1.36 Bn |
| Jun 30, 2024 | 1.20 Bn |
| Mar 31, 2024 | 1.09 Bn |
| Dec 31, 2023 | 1.05 Bn |
| Sep 30, 2023 | 963.40 Mn |
| Jun 30, 2023 | 834.12 Mn |
| Mar 31, 2023 | 822.18 Mn |
| Dec 31, 2022 | 817.22 Mn |
| Sep 30, 2022 | 756.21 Mn |
| Jun 30, 2022 | 751.21 Mn |
| Mar 31, 2022 | 753.09 Mn |
| Dec 31, 2021 | 814.51 Mn |
| Sep 30, 2021 | 787.76 Mn |