Spotify Technology reported revenue of $5.55B and net income of $0.63B for the quarter ended Jun 2026, up 17.0% year over year. This income statement covers 38 quarters of results from Mar 2017 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||||||||||||
| Revenue | 2.95B | 3.08B | 2.99B | 3.06B | 3.06B | 3.23B | 3.27B | 3.46B | 3.65B | 3.95B | 3.95B | 4.10B | 4.38B | 4.53B | 4.41B | 4.75B | 4.99B | 5.27B | 5.31B | 5.55B | ||||||||||||||||||
| Cost of RevenueCost of Rev | 2.16B | 2.26B | 2.23B | 2.30B | 2.30B | 2.41B | 2.44B | 2.63B | 2.69B | 2.90B | 2.86B | 2.90B | 3.02B | 3.07B | 3.01B | 3.25B | 3.41B | 3.53B | 3.56B | 3.70B | ||||||||||||||||||
| Gross Profit | 0.79B | 0.81B | 0.75B | 0.75B | 0.76B | 0.82B | 0.82B | 0.83B | 0.96B | 1.05B | 1.09B | 1.20B | 1.36B | 1.46B | 1.39B | 1.49B | 1.58B | 1.74B | 1.75B | 1.86B | ||||||||||||||||||
| Operating items | ||||||||||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 0.25B | 0.29B | 0.28B | 0.36B | 0.39B | 0.42B | 0.47B | 0.49B | 0.40B | 0.50B | 0.42B | 0.41B | 0.38B | 0.40B | 0.40B | 0.47B | 0.36B | 0.34B | 0.39B | 0.47B | ||||||||||||||||||
| Selling, General & AdministrativeSG&A | 0.12B | 0.14B | 0.15B | 0.18B | 0.16B | 0.17B | 0.15B | 0.18B | 0.14B | 0.17B | 0.13B | 0.13B | 0.12B | 0.13B | 0.13B | 0.15B | 0.13B | 0.13B | 0.13B | 0.17B | ||||||||||||||||||
| Restructuring CostsRestructuring | 182.66B | 219.85B | ||||||||||||||||||||||||||||||||||||
| Other Operating ExpensesOther Opex | ||||||||||||||||||||||||||||||||||||||
| Operating ExpensesOpex | 183.03B | 220.28B | 0.43B | 0.54B | 0.55B | 0.59B | 0.62B | 0.67B | 0.54B | 0.67B | 0.56B | 0.54B | 0.50B | 0.53B | 0.53B | 0.62B | 0.49B | 0.46B | 0.51B | 0.64B | ||||||||||||||||||
| Operating IncomeOp. Inc | 0.09B | -0.01B | -0.01B | -0.21B | -0.23B | -0.24B | -0.17B | -0.27B | 0.03B | -0.08B | 0.18B | 0.29B | 0.50B | 0.51B | 0.54B | 0.46B | 0.68B | 0.82B | 0.84B | 0.76B | ||||||||||||||||||
| EBIT | 0.09B | -0.01B | -0.01B | -0.21B | -0.23B | -0.24B | -0.17B | -0.27B | 0.03B | -0.08B | 0.18B | 0.29B | 0.50B | 0.51B | 0.54B | 0.46B | 0.68B | 0.82B | 0.84B | 0.76B | ||||||||||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | -0.02B | -0.02B | -0.02B | -0.01B | -0.02B | -0.09B | -0.08B | -0.03B | -0.02B | -0.11B | -0.06B | -0.08B | -0.13B | -0.11B | -0.27B | -0.51B | -0.02B | 0.52B | -0.03B | -0.02B | ||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.12B | 0.02B | 0.20B | 0.13B | 0.10B | 0.03B | 0.03B | 0.04B | 0.06B | 0.05B | 0.06B | 0.08B | 0.07B | 0.14B | 0.07B | 0.10B | 0.31B | -0.15B | 0.29B | 0.10B | ||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | ||||||||||||||||||||||||||||||||||||||
| Non Operating IncomeNon Op. Inc. | 0.10B | -0.00B | 0.18B | 0.11B | 0.08B | -0.06B | -0.05B | 0.01B | 0.04B | -0.06B | 0.01B | 0.00B | -0.06B | 0.02B | -0.19B | -0.41B | 0.29B | 0.37B | 0.26B | 0.08B | ||||||||||||||||||
| Net income details | ||||||||||||||||||||||||||||||||||||||
| EBT | 0.19B | -0.01B | 0.17B | -0.10B | -0.15B | -0.30B | -0.22B | -0.26B | 0.08B | -0.14B | 0.19B | 0.29B | 0.44B | 0.53B | 0.35B | 0.05B | 0.97B | 1.19B | 1.10B | 0.84B | ||||||||||||||||||
| Tax ProvisionsTaxes | 0.19B | 0.04B | 0.03B | 0.04B | 0.02B | -0.02B | 0.02B | 0.07B | 0.01B | -0.07B | -0.02B | -0.00B | 0.11B | 0.14B | 0.11B | 0.15B | -0.08B | -0.18B | 0.25B | 0.20B | ||||||||||||||||||
| Profit After TaxPAT | 0.00B | -0.04B | 0.15B | -0.13B | -0.17B | -0.28B | -0.24B | -0.33B | 0.07B | -0.08B | 0.21B | 0.30B | 0.33B | 0.39B | 0.24B | 0.25B | 1.05B | 1.37B | 0.84B | 0.63B | ||||||||||||||||||
| Equity Income | ||||||||||||||||||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | ||||||||||||||||||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | 0.00B | -0.04B | 0.15B | -0.13B | -0.17B | -0.28B | -0.24B | -0.33B | 0.07B | -0.08B | 0.21B | 0.30B | 0.33B | 0.39B | 0.24B | -0.10B | 1.05B | 1.37B | 0.84B | 0.63B | ||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | 0.00B | -0.04B | 0.15B | -0.13B | -0.17B | -0.28B | -0.24B | -0.33B | 0.07B | -0.08B | 0.21B | 0.30B | 0.33B | 0.39B | 0.24B | -0.10B | 1.05B | 1.37B | 0.84B | 0.63B | ||||||||||||||||||
| Income towards Parent CompanyParent Net Inc | 0.00B | -0.04B | 0.15B | -0.13B | -0.17B | 0.60B | -0.24B | -0.33B | 0.07B | 1.07B | 0.21B | 0.30B | 0.33B | 0.39B | 0.24B | -0.10B | 1.05B | 1.37B | 0.84B | 0.63B | ||||||||||||||||||
| Net Income towards Common StockholdersNet Income | 0.00B | -0.04B | 0.15B | -0.13B | -0.17B | 0.60B | -0.24B | -0.33B | 0.07B | 1.07B | 0.21B | 0.30B | 0.33B | 0.39B | 0.24B | -0.10B | 1.05B | 1.37B | 0.84B | 0.63B | ||||||||||||||||||
| Additional items | ||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 0.01 | -0.23 | 0.77 | -0.70 | -0.87 | 3.12 | -1.24 | -1.69 | 0.36 | 5.49 | 1.07 | 1.47 | 1.64 | 1.95 | 1.18 | -0.49 | 5.24 | 6.65 | 4.11 | 3.08 | ||||||||||||||||||
| EPS (Diluted) | 0.01 | -0.23 | 0.76 | -0.69 | -0.86 | 3.07 | -1.24 | -1.69 | 0.36 | 5.49 | 1.03 | 1.43 | 1.59 | 1.89 | 1.14 | -0.47 | 5.08 | 6.49 | 4.01 | 3.01 | ||||||||||||||||||
| Shares Outstanding | 0.19B | 0.19B | 0.19B | 0.19B | 0.19B | 0.19B | 0.19B | 0.19B | 0.19B | 0.19B | 0.20B | 0.20B | 0.20B | 0.20B | 0.20B | 0.20B | 0.20B | 0.21B | 0.21B | 0.21B | ||||||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 0.19B | 0.19B | 0.19B | 0.19B | 0.19B | 0.20B | 0.19B | 0.19B | 0.19B | 0.19B | 0.21B | 0.21B | 0.21B | 0.21B | 0.21B | 0.21B | 0.21B | 0.21B | 0.21B | 0.21B | ||||||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 0.19B | 0.19B | 0.20B | 0.20B | 0.21B | |||||||||||||||||||||||||||||||||
| EBITDA | 0.09B | -0.01B | -0.01B | -0.21B | -0.23B | -0.24B | -0.17B | -0.27B | 0.03B | -0.08B | 0.18B | 0.29B | 0.50B | 0.51B | 0.54B | 0.46B | 0.68B | 0.82B | 0.84B | 0.76B | ||||||||||||||||||
| Interest ExpensesInt Expense | -0.02B | -0.02B | -0.02B | -0.01B | -0.02B | -0.09B | -0.08B | -0.03B | -0.02B | -0.11B | -0.06B | -0.08B | -0.13B | -0.11B | -0.27B | -0.51B | -0.02B | 0.52B | -0.03B | -0.02B | ||||||||||||||||||
| Tax Rate | 98.77% | -387.50% | 15.48% | -38.89% | -15.28% | 7.22% | -9.22% | -25.31% | 10.96% | 46.56% | -13.22% | -1.48% | 24.62% | 26.45% | 31.40% | 279.17% | -8.71% | -14.99% | 23.05% | 24.31% |