Spotify Technology (SPOT) Gross Profit (2017 - 2026)
Spotify Technology (SPOT) reported Gross Profit of $1.86 billion for the quarter ended Jun 30, 2026, up 24.2% from $1.49 billion a year earlier and up 6.0% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Gross Profit (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Spotify Technology's Gross Profit came in at $6.93 billion, up 21.3% year-over-year; for the year ended Dec 31, 2025, it was $6.4 billion, up 26.7% from the prior year.
- Gross Profit has increased for nine consecutive years, with a five-year compound annual growth rate of 22.7% (years ended Dec 2020 to Dec 2025).
- By year, Gross Profit came in at $5.05 billion in the year ended Dec 31, 2024 (+38.1%), $3.65 billion in the year ended Dec 31, 2023 (+22.4%), $2.99 billion in the year ended Dec 31, 2022 (+0.7%) and $2.96 billion in the year ended Dec 31, 2021 (+28.8%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Gross Profit in data going back to the quarter ended Mar 31, 2017.
- Year over year, Gross Profit has now increased in each of the last 15 quarters, with growth averaging 27.2% over the last eight quarters.
- The high point for year-over-year Gross Profit in five years was the quarter ended Jun 30, 2024 (growth of 43.6%); the low point was the quarter ended Jun 30, 2022 (a decline of 5.9%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $1.75 billion (quarter ended Mar 31, 2026), $1.74 billion (quarter ended Dec 31, 2025) and $1.58 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn |
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 |
API Access
Spotify Technology Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "SPOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();