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

Historic Operating Margin for Spotify Technology (SPOT) over the last 9 years, with Q4 2025 value amounting to 15.47%.

  • Spotify Technology's Operating Margin rose 42300.0% to 15.47% in Q4 2025 from the same period last year, while for Dec 2025 it was 12.83%, marking a year-over-year increase of 41200.0%. This contributed to the annual value of 12.79% for FY2025, which is 40800.0% up from last year.
  • As of Q4 2025, Spotify Technology's Operating Margin stood at 15.47%, which was up 42300.0% from 13.62% recorded in Q3 2025.
  • Spotify Technology's 5-year Operating Margin high stood at 15.47% for Q4 2025, and its period low was 7.77% during Q2 2023.
  • Over the past 5 years, Spotify Technology's median Operating Margin value was 0.8% (recorded in 2021), while the average stood at 2.66%.
  • As far as peak fluctuations go, Spotify Technology's Operating Margin tumbled by -105100bps in 2022, and later skyrocketed by 147600bps in 2024.
  • Quarter analysis of 5 years shows Spotify Technology's Operating Margin 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 soared by 38bps to 15.47% in 2025.
  • Its Operating Margin stands at 15.47% for Q4 2025, versus 13.62% for Q3 2025 and 9.68% for Q2 2025.