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

Spotify Technology's Operating Expenses history spans 10 years, with the latest figure at $512.8 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 3.08% to $512.8 million in Q1 2026 year-over-year; TTM through Mar 2026 was $2.1 billion, a 0.51% decrease, with the full-year FY2025 number at $3.8 billion, up 6.95% from a year prior.
  • Operating Expenses hit $512.8 million in Q1 2026 for Spotify Technology, up from $464.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for SPOT hit a ceiling of $670.3 million in Q4 2023 and a floor of $427.6 million in Q1 2022.
  • Historically, Operating Expenses has averaged $550.4 million across 5 years, with a median of $541.7 million in 2024.
  • Biggest five-year swings in Operating Expenses: surged 49.14% in 2022 and later dropped 20.61% in 2024.
  • Tracing SPOT's Operating Expenses over 5 years: stood at $590.7 million in 2022, then rose by 13.47% to $670.3 million in 2023, then dropped by 20.61% to $532.2 million in 2024, then dropped by 12.72% to $464.5 million in 2025, then increased by 10.41% to $512.8 million in 2026.
  • Business Quant data shows Operating Expenses for SPOT at $512.8 million in Q1 2026, $464.5 million in Q4 2025, and $491.0 million in Q3 2025.