Spotify Technology (SPOT) Operating Income (2017 - 2026)
Spotify Technology's Operating Income was $761.35 million in the quarter ended Jun 30, 2026, up 65.7% from $459.58 million a year earlier but down 9.0% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Operating Income (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Spotify Technology's Operating Income was $3.09 billion through Jun 30, 2026, up 54.5% year-over-year; for the year ended Dec 31, 2025, it was $2.56 billion, up 75.4% from the prior year.
- In earlier years, Operating Income was $1.46 billion in the year ended Dec 31, 2024, -$479.87 million in the year ended Dec 31, 2023, -$672.34 million in the year ended Dec 31, 2022 and $107.53 million in the year ended Dec 31, 2021.
- Quarterly Operating Income has moved between -$268.96 million (the quarter ended Jun 30, 2023) and $837.08 million (the quarter ended Mar 31, 2026) over five years.
- Compared with a year earlier, Operating Income has increased for six straight quarters, with growth averaging 78.7% over the last six quarters.
- Per Business Quant data, SPOT's Operating Income in the three quarters before the quarter ended Jun 30, 2026 was $837.08 million (quarter ended Mar 31, 2026), $815.99 million (quarter ended Dec 31, 2025) and $680.39 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 4.19 Bn |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 2.23 Bn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | 488.00 Mn |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 1.89 Bn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 2.50 Bn |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | 4.09 Bn |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 761.35 Mn |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | 758.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 761.35 Mn |
| Mar 31, 2026 | 837.08 Mn |
| Dec 31, 2025 | 815.99 Mn |
| Sep 30, 2025 | 680.39 Mn |
| Jun 30, 2025 | 459.58 Mn |
| Mar 31, 2025 | 535.41 Mn |
| Dec 31, 2024 | 509.72 Mn |
| Sep 30, 2024 | 498.59 Mn |
| Jun 30, 2024 | 286.45 Mn |
| Mar 31, 2024 | 182.51 Mn |
| Dec 31, 2023 | -80.70 Mn |
| Sep 30, 2023 | 34.83 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 |
API Access
Spotify Technology Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "SPOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();