Growth Metrics

Spotify Technology (SPOT) Operating Margin (2017 - 2025)

Historic Operating Margin for Spotify Technology (SPOT) over the last 9 years, with Q3 2025 value amounting to 13.62%.

  • Spotify Technology's Operating Margin rose 22400.0% to 13.62% in Q3 2025 from the same period last year, while for Sep 2025 it was 11.7%, marking a year-over-year increase of 62800.0%. This contributed to the annual value of 8.71% for FY2024, which is 120800.0% up from last year.
  • Latest data reveals that Spotify Technology reported Operating Margin of 13.62% as of Q3 2025, which was up 22400.0% from 9.68% recorded in Q2 2025.
  • In the past 5 years, Spotify Technology's Operating Margin ranged from a high of 13.62% in Q3 2025 and a low of 7.77% during Q2 2023
  • Its 5-year average for Operating Margin is 1.99%, with a median of 0.65% in 2021.
  • In the last 5 years, Spotify Technology's Operating Margin tumbled by -105100bps in 2022 and then skyrocketed by 147600bps in 2024.
  • Over the past 5 years, Spotify Technology's Operating Margin (Quarter) stood at 0.26% in 2021, then tumbled by -2703bps to 7.3% in 2022, then skyrocketed by 72bps to 2.04% in 2023, then surged by 650bps to 11.24% in 2024, then rose by 21bps to 13.62% in 2025.
  • Its last three reported values are 13.62% in Q3 2025, 9.68% for Q2 2025, and 12.15% during Q1 2025.