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 has reported Revenue for 10 years, with the latest figure 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.
- Over five years, Revenue peaked at $5.3 billion in Q1 2026 and troughed at $3.0 billion in Q1 2022.
- A 5-year average of $4.0 billion and a median of $4.0 billion in 2024 frame the typical range for Revenue.
- The sharpest annual moves came in 2022 and 2023: Revenue climbed 3.79% in 2022, then climbed 22.28% in 2023.
- Over 5 years, Revenue stood at $3.2 billion in 2022, then grew by 22.28% to $3.9 billion in 2023, then grew by 14.77% to $4.5 billion in 2024, then grew by 16.35% to $5.3 billion in 2025, then climbed by 0.62% to $5.3 billion in 2026.
- According to Business Quant data, Revenue over the past three periods registered $5.3 billion, $5.3 billion, and $5.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,322.94 Bn | 3,893.90 Bn | 73.85 Bn | 119.80 Bn |
| 2 | Meta Platforms | 1,508.67 Bn | 1,418.41 Bn | 49.47 Bn | 60.80 Bn |
| 3 | Baidu | 298.52 Bn | 295.97 Bn | 1.88 Mn | 4.65 Bn |
| 4 | Spotify Technology | 100.48 Bn | 90.25 Bn | 1.75 Bn | 5.31 Bn |
| 5 | Joyy | 78.32 Bn | 77.46 Bn | 205.64 Mn | 581.92 Mn |
| 6 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 537,519.00 |
| 7 | Nebius | 48.55 Bn | 38.93 Bn | 295.20 Mn | 399.00 Mn |
| 8 | 31.08 Bn | 28.30 Bn | 734.60 Mn | 804.91 Mn | |
| 9 | Tencent Music Entertainment | 29.33 Bn | 27.04 Bn | 514.00 Mn | - |
| 10 | Kanzhun | 15.28 Bn | 13.18 Bn | 255.62 Bn | 299.91 Bn |
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 |