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

Spotify Technology has disclosed Operating Expenses across 10 years of filings, most recently posting $640.5 million for Q2 2026.

• In Q2 2026, Operating Expenses rose 2.87% year-over-year to $640.5 million; the TTM figure through Jun 2026 stood at $2.1 billion (down 3.38% YoY), while the FY2025 annual figure was $3.8 billion, up 6.95% from the prior year.
• Operating Expenses came in at $640.5 million for Q2 2026 at Spotify Technology, up from $512.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $670.3 million in Q4 2023 to a low of $427.6 million in Q1 2022.
• Average Operating Expenses over 5 years is $555.4 million, with a median of $541.9 million recorded in 2023.
• Year-over-year, Operating Expenses tumbled 99.73% in 2022 and soared 44.33% in 2023.
• Over 5 years, Operating Expenses stood at $590.7 million in 2022, then advanced by 13.47% to $670.3 million in 2023, then fell by 20.61% to $532.2 million in 2024, then fell by 12.72% to $464.5 million in 2025, then soared by 37.9% to $640.5 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $640.5 million in Q2 2026, $512.8 million in Q1 2026, and $464.5 million in Q4 2025.