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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 663.41 Mn
6 Pinterest 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
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