Spotify Technology (SPOT) Net Income (2017 - 2026)
Spotify Technology's (SPOT) quarterly Net Income came in at $1.1 billion in Q1 2026, up 217.95% year-on-year from $345.0 million in Q1 2025, and down 7.7% quarter-over-quarter from $1.2 billion in Q4 2025.
Spotify Technology (SPOT) Net Income (2017 - 2026) Analysis & Trends
Spotify Technology has disclosed Net Income across 10 years of filings, most recently posting $1.1 billion for Q1 2026.
- Net Income for Q1 2026 came in at $1.1 billion, up 217.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.3 billion (up 105.88% YoY), and the FY2025 annual result was $2.6 billion, up 111.74% from the prior year.
- Net Income came in at $1.1 billion for Q1 2026 at Spotify Technology, down from $1.2 billion in the prior quarter.
- In the past five years, Net Income ranged from a high of $1.2 billion in Q4 2025 to a low of -$296.9 million in Q4 2022.
- The 5-year median for Net Income is $174.0 million (2022), against an average of $246.6 million.
- Across the five-year window, Net Income slumped 3144.09% in 2022 and soared 478.32% in 2024, its largest moves.
- Spotify Technology's Net Income stood at -$296.9 million in 2022, then soared by 52.53% to -$140.9 million in 2023, then jumped by 478.32% to $533.2 million in 2024, then surged by 122.89% to $1.2 billion in 2025, then retreated by 7.7% to $1.1 billion in 2026.
- The last three Net Income figures came in at $1.1 billion (Q1 2026), $1.2 billion (Q4 2025), and $966.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 621.20 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 62.58 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 26.77 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 1.10 Bn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 203.98 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | -73.59 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 248.85 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | -88.96 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 46.00 Mn |
| 10 | Match | 8.04 Bn | 7.01 Bn | 653.28 Mn | 166.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.10 Bn |
| Dec 31, 2025 | 1.19 Bn |
| Sep 30, 2025 | 966.81 Mn |
| Jun 30, 2025 | 54.33 Mn |
| Mar 31, 2025 | 345.02 Mn |
| Dec 31, 2024 | 533.23 Mn |
| Sep 30, 2024 | 437.09 Mn |
| Jun 30, 2024 | 290.76 Mn |
| Mar 31, 2024 | 189.03 Mn |
| Dec 31, 2023 | -140.95 Mn |
| Sep 30, 2023 | 79.47 Mn |
| Jun 30, 2023 | -262.43 Mn |
| Mar 31, 2023 | -221.11 Mn |
| Dec 31, 2022 | -296.89 Mn |
| Sep 30, 2022 | -145.19 Mn |
| Jun 30, 2022 | -96.04 Mn |
| Mar 31, 2022 | 173.96 Mn |
| Dec 31, 2021 | -9.15 Mn |
| Sep 30, 2021 | 191.04 Mn |
| Jun 30, 2021 | 9.63 Mn |