Spotify Technology (SPOT) Revenue (2017 - 2026)

Spotify Technology (SPOT) posted Revenue of $5.3 billion for Q1 2026, up 0.62% sequentially from $5.3 billion in Q4 2025, and up 20.41% YoY from $4.4 billion in Q1 2025.

Spotify Technology (SPOT) Revenue (2017 - 2026) Analysis & Trends

Spotify Technology (SPOT) has 10 years of Revenue data on file, last reported at $5.3 billion in Q1 2026.

  • Quarterly Revenue rose 20.41% year-over-year to $5.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $20.3 billion (up 16.66% YoY) and the FY2025 annual result came in at $20.0 billion, up 19.45% from the prior year.
  • Revenue climbed to $5.3 billion in Q1 2026 per SPOT's latest filing, from $5.3 billion in the prior quarter.
  • The five-year high for Revenue was $5.3 billion in Q1 2026, with the low at $3.0 billion in Q1 2022.
  • Average Revenue over 5 years is $4.0 billion, with a median of $4.0 billion recorded in 2024.
  • Year-over-year, Revenue increased 3.79% in 2022 and increased 22.28% in 2023.
  • Spotify Technology's Revenue stood at $3.2 billion in 2022, then increased by 22.28% to $3.9 billion in 2023, then increased by 14.77% to $4.5 billion in 2024, then increased by 16.35% to $5.3 billion in 2025, then grew by 0.62% to $5.3 billion in 2026.
  • Business Quant data shows SPOT's Revenue at $5.3 billion in Q1 2026, $5.3 billion in Q4 2025, and $5.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Alphabet 4,330.11 Bn 4,114.49 Bn 102.29 Bn 109.90 Bn
2 Meta Platforms 1,553.11 Bn 1,471.93 Bn 46.09 Bn 56.31 Bn
3 Baidu 320.91 Bn 305.99 Bn 1.88 Mn 4.65 Bn
4 BILI Social International 84.82 Bn 84.82 Bn 405,933.00 537,519.00
5 Joyy 70.39 Bn 70.39 Bn 205.64 Mn 581.92 Mn
6 Nebius 59.20 Bn 49.90 Bn 295.20 Mn 399.00 Mn
7 Reddit 37.81 Bn 35.04 Bn 511.94 Mn 663.41 Mn
8 Scienjoy Holding 37.35 Bn -14.16 Bn 7.27 Mn 40.97 Mn
9 Tencent Music Entertainment 26.62 Bn 24.37 Bn 514.00 Mn -
10 Spotify Technology - - 1.75 Bn 5.31 Bn

Historic Data

Download Data
DateValue
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