Spotify Technology SPOT
NYSE SPOT
$509.77 -19.08 (-3.61%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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