Spotify Technology (SPOT) Revenue (2017 - 2026)
Spotify Technology's (SPOT) quarterly Revenue came in at $5.3 billion in Q1 2026, up 20.41% year-on-year from $4.4 billion in Q1 2025, and up 0.62% quarter-over-quarter from $5.3 billion in Q4 2025.
Spotify Technology (SPOT) Revenue (2017 - 2026) Analysis & Trends
Spotify Technology has disclosed Revenue across 10 years of filings, most recently posting $5.3 billion for Q1 2026.
- Revenue for Q1 2026 came in at $5.3 billion, up 20.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $20.3 billion (up 16.66% YoY), and the FY2025 annual result was $20.0 billion, up 19.45% from the prior year.
- Revenue came in at $5.3 billion for Q1 2026 at Spotify Technology, up from $5.3 billion in the prior quarter.
- In the past five years, Revenue ranged from a high of $5.3 billion in Q1 2026 to a low of $3.0 billion in Q1 2022.
- The 5-year median for Revenue is $4.0 billion (2024), against an average of $4.0 billion.
- Across the five-year window, Revenue gained 3.79% in 2022 and gained 22.28% in 2023, its largest moves.
- Spotify Technology's Revenue stood at $3.2 billion in 2022, then advanced by 22.28% to $3.9 billion in 2023, then advanced by 14.77% to $4.5 billion in 2024, then advanced by 16.35% to $5.3 billion in 2025, then gained by 0.62% to $5.3 billion in 2026.
- The last three Revenue figures came in at $5.3 billion (Q1 2026), $5.3 billion (Q4 2025), and $5.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 399.00 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 109.90 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 56.31 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 5.31 Bn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 663.41 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 1.01 Bn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 299.91 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 1.53 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 708.00 Mn |
| 10 | Match | 8.04 Bn | 7.01 Bn | 653.28 Mn | 863.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.31 Bn |
| Dec 31, 2025 | 5.27 Bn |
| Sep 30, 2025 | 4.99 Bn |
| Jun 30, 2025 | 4.75 Bn |
| Mar 31, 2025 | 4.41 Bn |
| Dec 31, 2024 | 4.53 Bn |
| Sep 30, 2024 | 4.38 Bn |
| Jun 30, 2024 | 4.10 Bn |
| Mar 31, 2024 | 3.95 Bn |
| Dec 31, 2023 | 3.95 Bn |
| Sep 30, 2023 | 3.65 Bn |
| Jun 30, 2023 | 3.46 Bn |
| Mar 31, 2023 | 3.27 Bn |
| Dec 31, 2022 | 3.23 Bn |
| Sep 30, 2022 | 3.06 Bn |
| Jun 30, 2022 | 3.06 Bn |
| Mar 31, 2022 | 2.99 Bn |
| Dec 31, 2021 | 3.08 Bn |
| Sep 30, 2021 | 2.95 Bn |
| Jun 30, 2021 | 2.81 Bn |