Spotify Technology (SPOT) Net Income (2017 - 2026)
Spotify Technology (SPOT) posted Net Income of $844.1 million for Q1 2026, down 38.23% sequentially from $1.4 billion in Q4 2025, and up 256.65% YoY from $236.7 million in Q1 2025.
Spotify Technology (SPOT) Net Income (2017 - 2026) Analysis & Trends
Spotify Technology has reported Net Income for 10 years, with the latest figure at $844.1 million in Q1 2026.
- Quarterly Net Income rose 256.65% year-over-year to $844.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.2 billion (up 152.46% YoY) and the FY2025 annual result came in at $2.6 billion, up 111.74% from the prior year.
- Net Income slipped to $844.1 million in Q1 2026 per SPOT's latest filing, from $1.4 billion in the prior quarter.
- Over five years, Net Income peaked at $1.4 billion in Q4 2025 and troughed at -$328.9 million in Q2 2023.
- A 5-year average of $213.4 million and a median of $147.0 million in 2022 frame the typical range for Net Income.
- The sharpest annual moves came in 2022 and 2024: Net Income slumped 7196.39% in 2022, then jumped 620.71% in 2024.
- Over 5 years, Net Income stood at -$275.5 million in 2022, then surged by 72.66% to -$75.3 million in 2023, then jumped by 620.71% to $392.2 million in 2024, then surged by 248.46% to $1.4 billion in 2025, then plunged by 38.23% to $844.1 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered $844.1 million, $1.4 billion, and $1.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,249.81 Bn | 3,820.78 Bn | 73.85 Bn | 112.19 Bn |
| 2 | Meta Platforms | 1,548.64 Bn | 1,458.38 Bn | 49.47 Bn | 15.85 Bn |
| 3 | Taboola.com | 1,148.80 Bn | 1,148.67 Bn | 139.48 Mn | 4.32 Mn |
| 4 | Baidu | 288.70 Bn | 284.21 Bn | 1.88 Mn | 475.12 Mn |
| 5 | Spotify Technology | 103.82 Bn | 93.58 Bn | 1.75 Bn | 844.11 Mn |
| 6 | Joyy | 78.38 Bn | 77.49 Bn | 205.64 Mn | -168.19 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 80,765.00 |
| 8 | Nebius | 49.27 Bn | 39.65 Bn | 295.20 Mn | 2.11 |
| 9 | 30.60 Bn | 27.82 Bn | 734.60 Mn | 252.85 Mn | |
| 10 | Tencent Music Entertainment | 27.30 Bn | 24.60 Bn | 514.00 Mn | 440.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 844.11 Mn |
| Dec 31, 2025 | 1.37 Bn |
| Sep 30, 2025 | 1.05 Bn |
| Jun 30, 2025 | -97.35 Mn |
| Mar 31, 2025 | 236.67 Mn |
| Dec 31, 2024 | 392.17 Mn |
| Sep 30, 2024 | 329.47 Mn |
| Jun 30, 2024 | 295.07 Mn |
| Mar 31, 2024 | 214.01 Mn |
| Dec 31, 2023 | -75.32 Mn |
| Sep 30, 2023 | 70.76 Mn |
| Jun 30, 2023 | -328.86 Mn |
| Mar 31, 2023 | -241.50 Mn |
| Dec 31, 2022 | -275.47 Mn |
| Sep 30, 2022 | -167.37 Mn |
| Jun 30, 2022 | -133.38 Mn |
| Mar 31, 2022 | 147.03 Mn |
| Dec 31, 2021 | -44.61 Mn |
| Sep 30, 2021 | 2.36 Mn |
| Jun 30, 2021 | -24.09 Mn |