Spotify Technology (SPOT) Operating Expenses (2017 - 2026)

Spotify Technology (SPOT) has 10 years of Operating Expenses data on file, last reported at $512.8 million in Q1 2026.

• Quarterly Operating Expenses fell 3.08% year-over-year to $512.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.1 billion (down 0.51% YoY) and the FY2025 annual result came in at $3.8 billion, up 6.95% from the prior year.
• Operating Expenses improved to $512.8 million in Q1 2026 per SPOT's latest filing, from $464.5 million in the prior quarter.
• The five-year high for Operating Expenses was $670.3 million in Q4 2023, with the low at $427.6 million in Q1 2022.
• Average Operating Expenses over 5 years is $550.4 million, with a median of $541.7 million recorded in 2024.
• Year-over-year, Operating Expenses jumped 49.14% in 2022 and fell 20.61% in 2024.
• Spotify Technology's Operating Expenses stood at $590.7 million in 2022, then increased by 13.47% to $670.3 million in 2023, then slipped by 20.61% to $532.2 million in 2024, then slipped by 12.72% to $464.5 million in 2025, then gained by 10.41% to $512.8 million in 2026.
• Business Quant data shows SPOT's Operating Expenses at $512.8 million in Q1 2026, $464.5 million in Q4 2025, and $491.0 million in Q3 2025.