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Spotify Technology (SPOT) Research & Development (2017 - 2026)

Spotify Technology's Research & Development history spans 10 years, with the latest figure at $387.5 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 2.8% to $387.5 million in Q1 2026 year-over-year; TTM through Mar 2026 was $1.6 billion, a 1.77% decrease, with the full-year FY2025 number at $1.6 billion, up 2.11% from a year prior.
  • Research & Development hit $387.5 million in Q1 2026 for Spotify Technology, up from $337.6 million in the prior quarter.
  • Over the last five years, Research & Development for SPOT hit a ceiling of $503.5 million in Q4 2023 and a floor of $280.6 million in Q1 2022.
  • Historically, Research & Development has averaged $404.7 million across 5 years, with a median of $401.7 million in 2023.
  • Biggest five-year swings in Research & Development: soared 66.4% in 2023 and later fell 20.21% in 2024.
  • Tracing SPOT's Research & Development over 5 years: stood at $423.4 million in 2022, then rose by 18.93% to $503.5 million in 2023, then fell by 20.21% to $401.8 million in 2024, then fell by 15.98% to $337.6 million in 2025, then rose by 14.8% to $387.5 million in 2026.
  • Business Quant data shows Research & Development for SPOT at $387.5 million in Q1 2026, $337.6 million in Q4 2025, and $361.2 million in Q3 2025.