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

Spotify Technology (SPOT) has 10 years of Research & Development data on file, last reported at $387.5 million in Q1 2026.

• Quarterly Research & Development fell 2.8% year-over-year to $387.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (down 1.77% YoY) and the FY2025 annual result came in at $1.6 billion, up 2.11% from the prior year.
• Research & Development advanced to $387.5 million in Q1 2026 per SPOT's latest filing, from $337.6 million in the prior quarter.
• The five-year high for Research & Development was $503.5 million in Q4 2023, with the low at $280.6 million in Q1 2022.
• Average Research & Development over 5 years is $404.7 million, with a median of $401.7 million recorded in 2023.
• Year-over-year, Research & Development surged 66.4% in 2023 and decreased 20.21% in 2024.
• Spotify Technology's Research & Development stood at $423.4 million in 2022, then advanced by 18.93% to $503.5 million in 2023, then declined by 20.21% to $401.8 million in 2024, then decreased by 15.98% to $337.6 million in 2025, then advanced by 14.8% to $387.5 million in 2026.
• Business Quant data shows SPOT's Research & Development at $387.5 million in Q1 2026, $337.6 million in Q4 2025, and $361.2 million in Q3 2025.