Spotify Technology (SPOT) Net Margin (2017 - 2026)

Spotify Technology (SPOT) has 10 years of Net Margin data on file, last reported at 0.0% in Q1 2026.

• Quarterly Net Margin changed 0.0% year-over-year to 0.0% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.19% (up 352.0% YoY) and the FY2025 annual result came in at 12.87%, up 561.0% from the prior year.
• Net Margin slipped to 0.0% in Q1 2026 per SPOT's latest filing, from 48.82% in the prior quarter.
• The five-year high for Net Margin was 48.82% in Q4 2025, with the low at 9.51% in Q2 2023.
• Average Net Margin over 5 years is 2.97%, with a median of 0.0% recorded in 2024.
• Year-over-year, Net Margin tumbled 1232 bps in 2023 and soared 2873 bps in 2024.
• Spotify Technology's Net Margin stood at 8.53% in 2022, then soared by 78 bps to 1.91% in 2023, then soared by 1507 bps to 26.83% in 2024, then surged by 82 bps to 48.82% in 2025, then slumped by 100 bps to 0.0% in 2026.
• Business Quant data shows SPOT's Net Margin at 0.0% in Q1 2026, 48.82% in Q4 2025, and 0.0% in Q3 2025.