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 Reddit 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
DateValue
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