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

Spotify Technology (SPOT) posted Operating Income of $1.2 billion for Q1 2026, down 3.36% sequentially from $1.3 billion in Q4 2025, and up 42.95% YoY from $865.7 million in Q1 2025.

Spotify Technology (SPOT) Operating Income (2017 - 2026) Analysis & Trends

Spotify Technology (SPOT) has 10 years of Operating Income data on file, last reported at $1.2 billion in Q1 2026.

  • Quarterly Operating Income rose 42.95% year-over-year to $1.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.5 billion (up 35.1% YoY) and the FY2025 annual result came in at $2.6 billion, up 75.41% from the prior year.
  • Operating Income eased to $1.2 billion in Q1 2026 per SPOT's latest filing, from $1.3 billion in the prior quarter.
  • The five-year high for Operating Income was $1.3 billion in Q4 2025, with the low at -$269.0 million in Q2 2023.
  • Average Operating Income over 5 years is $471.6 million, with a median of $534.5 million recorded in 2024.
  • Year-over-year, Operating Income tumbled 2843.1% in 2022 and surged 419.21% in 2024.
  • Spotify Technology's Operating Income stood at -$235.7 million in 2022, then surged by 262.98% to $384.1 million in 2023, then surged by 142.03% to $929.7 million in 2024, then soared by 37.73% to $1.3 billion in 2025, then retreated by 3.36% to $1.2 billion in 2026.
  • Business Quant data shows SPOT's Operating Income at $1.2 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Spotify Technology 101.23 Bn 90.99 Bn 1.75 Bn 1.24 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.24 Bn
Dec 31, 2025 1.28 Bn
Sep 30, 2025 1.09 Bn
Jun 30, 2025 871.61 Mn
Mar 31, 2025 865.70 Mn
Dec 31, 2024 929.68 Mn
Sep 30, 2024 863.20 Mn
Jun 30, 2024 655.82 Mn
Mar 31, 2024 534.49 Mn
Dec 31, 2023 384.11 Mn
Sep 30, 2023 421.28 Mn
Jun 30, 2023 -268.96 Mn
Mar 31, 2023 -167.44 Mn
Dec 31, 2022 -235.68 Mn
Sep 30, 2022 -229.89 Mn
Jun 30, 2022 -207.01 Mn
Mar 31, 2022 -6.73 Mn
Dec 31, 2021 -8.01 Mn
Sep 30, 2021 88.45 Mn
Jun 30, 2021 14.45 Mn