Spotify Technology Income Statement (2017-2025) | SPOT

1Y3Y5Y7Y10YAll
Download Data
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
Revenue & cost
Revenue 961.00M1,107.25M1,212.67M1,352.87M1,399.30M1,519.25M1,572.55M1,706.39M1,717.45M1,873.11M1,926.14M2,053.28M2,040.08M2,080.66M2,306.95M2,584.88M2,589.79M2,807.16M2,949.40M3,076.14M2,986.54M3,056.05M3,061.12M3,230.10M3,265.11M3,459.51M3,654.40M3,949.78M3,950.01M4,099.71M4,379.70M4,532.98M4,407.40M4,746.31M4,994.20M5,274.76M
Cost of Revenue 849.13M852.15M942.40M1,020.83M1,051.62M1,126.61M1,174.76M1,250.97M1,293.48M1,385.45M1,435.42M1,528.61M1,519.02M1,553.06M1,735.76M1,899.32M1,928.77M2,008.72M2,161.63M2,261.63M2,233.45M2,304.84M2,304.92M2,412.88M2,442.93M2,625.40M2,691.00M2,895.35M2,859.30M2,902.21M3,017.91M3,071.14M3,012.60M3,252.12M3,414.81M3,529.70M
Gross Profit 111.87M255.10M270.26M332.04M347.67M392.64M397.79M455.42M423.96M487.66M490.71M524.66M521.06M527.60M571.19M685.57M661.02M798.43M787.76M814.51M753.09M751.21M756.21M817.22M822.18M834.12M963.40M1,054.42M1,090.71M1,197.50M1,361.79M1,461.84M1,394.80M1,494.19M1,579.39M1,745.06M
Operating items
Research & Development 85.23M104.46M115.16M144.82M141.28M170.66M157.02M114.14M176.18M169.67M151.33M191.49M178.84M294.09M205.58M276.61M236.42M307.09M245.29M289.42M280.58M358.53M389.19M423.40M466.90M493.28M401.69M503.54M422.59M408.14M375.59M401.79M398.66M469.76M361.24M337.60M
Selling, General & Administrative 57.53M76.97M78.73M85.95M87.23M122.92M77.93M47.94M105.71M96.63M81.23M112.90M105.98M144.29M113.30M140.69M123.04M140.90M123.83M144.14M147.03M182.47M161.32M167.32M150.27M175.32M140.43M166.77M133.62M133.53M123.00M130.37M130.43M152.81M129.77M126.89M
Other Operating Expenses 1.18M-1.23M
Operating Expenses 142.76M181.43M193.89M230.78M228.51M293.59M234.95M162.08M281.88M266.30M232.56M304.39M284.82M438.38M318.89M417.30M359.46M447.99M369.12M433.57M427.61M541.00M550.52M590.72M617.17M668.60M542.12M670.31M556.22M541.67M498.59M532.16M529.10M622.58M491.00M464.50M
Operating Income -148.09M-86.86M-85.78M-102.44M-50.37M-107.41M-6.98M107.29M-53.42M-3.37M60.09M-85.23M-18.77M-183.94M-46.72M-82.27M16.89M14.45M88.45M-8.01M-6.73M-207.01M-229.89M-235.68M-167.44M-268.96M34.83M-80.70M182.51M286.45M498.59M509.72M535.41M459.58M680.39M816.07M
EBIT -148.09M-86.86M-85.78M-102.44M-50.37M-107.41M-6.98M107.29M-53.42M-3.37M60.09M-85.23M-18.77M-183.94M-46.72M-82.27M16.89M14.45M88.45M-8.01M-6.73M-207.01M-229.89M-235.68M-167.44M-268.96M34.83M-80.70M182.51M286.45M498.59M509.72M535.41M459.58M680.39M816.07M
Non-operating items
Interest & Investment Income 28.77M-45.08M-16.45M42.39M-18.43M48.93M11.63M-444.00M-38.65M-8.99M-251.48M7.75M77.28M6.61M-16.35M4.77M125.45M25.29M119.11M-22.88M196.41M125.91M102.84M832.52M28.98M35.93M59.87M-296.96M-64.10M81.84M72.48M565.29M74.68M100.74M306.29M151.34M
Other Non Operating Income -4.71M-1.23M
Non Operating Income -53.67M44.63M-60.25M6.52M-61.50M23.51M286.42M372.53M
Net income details
EBT -183.25M-205.62M-326.67M-701.75M-221.14M-467.83M-95.38M549.01M-192.09M-66.29M300.44M-191.49M45.26M-501.16M-135.50M-213.42M104.94M9.63M191.04M-9.15M173.96M-96.04M-145.19M-296.89M-221.11M-262.43M79.47M-140.95M189.03M290.76M437.09M533.23M345.02M54.33M966.81M1,188.60M
Tax Provisions 1.07M1.10M-13.51M2.39M-145.39M44.51M-30.69M19.10M32.27M39.85M44.16M-109.04M-17.52M-64.38M77.20M33.72M188.69M35.46M-24.99M-4.31M108.34M151.68M
Profit After Tax -184.32M-206.72M-326.67M-701.75M-207.62M-470.22M50.01M504.50M-161.40M-85.40M268.17M-231.34M1.10M-392.12M-117.98M-149.04M27.74M-24.09M2.36M-44.61M147.03M-133.38M-167.37M-275.47M-241.50M-328.86M70.76M-75.32M214.01M295.07M329.47M392.17M236.67M-97.35M1,050.98M1,366.71M
Equity Income -2.13M1.10M2.35M-1.16M
Income from Continuing Operations -184.32M-206.72M-326.67M-701.75M-207.62M-470.22M50.01M504.50M-161.40M-85.40M268.17M-231.34M1.10M-392.12M-117.98M-149.04M27.74M-24.09M2.36M-44.61M173.96M-96.04M-145.19M-296.89M-221.11M-262.43M79.47M-140.95M214.01M295.07M437.09M533.23M236.67M-97.35M966.81M1,188.60M
Consolidated Net Income -184.32M-206.72M-326.67M-701.75M-207.62M-470.22M50.01M504.50M-161.40M-85.40M268.17M-231.34M1.10M-392.12M-117.98M-149.04M27.74M-24.09M2.36M-44.61M173.96M-96.04M-145.19M-296.89M-221.11M-262.43M79.47M-140.95M214.01M295.07M437.09M533.23M236.67M-97.35M966.81M1,188.60M
Income towards Parent Company -184.32M-206.72M-326.67M-701.75M-207.62M-470.22M50.01M504.50M-161.40M-85.40M268.17M-231.34M1.10M-392.12M-117.98M-149.04M27.74M-24.09M2.36M-44.61M147.03M-96.04M-167.37M-275.47M-241.50M-328.86M70.76M1,069.48M214.01M295.07M329.47M392.17M236.67M-97.35M1,050.98M1,366.71M
Net Income towards Common Stockholders -184.32M-206.72M-326.67M-701.75M-207.62M-470.22M50.01M504.50M-161.40M-85.40M268.17M-231.34M1.10M-392.12M-117.98M-149.04M27.74M-24.09M2.36M-44.61M147.03M-96.04M-167.37M-275.47M-241.50M-328.86M70.76M1,069.48M214.01M295.07M329.47M392.17M236.67M-97.35M1,050.98M1,366.71M
Additional items
EPS (Basic) -1.15-1.24-1.84-3.87-1.01-2.200.242.49-0.79-0.421.34-1.150.01-1.91-0.53-0.670.12-0.100.01-0.200.68-0.47-0.86-1.40-1.16-1.550.335.100.991.371.491.831.10-0.424.365.72
EPS (Weighted Average and Diluted) -1.15-1.24-1.84-3.87-1.01-2.200.232.44-0.79-0.421.28-1.150.01-1.91-0.53-0.670.12-0.100.01-0.200.66-0.46-0.85-1.38-1.16-1.550.335.100.20M1.330.08M1.770.21M-0.410.18M5.58
Shares Outstanding (Weighted Average) 159.97M166.11M177.78M181.47M206.12M213.72M209.96M202.20M205.29M202.83M200.62M200.30M204.28M205.48M220.58M223.65M229.87M230.22M225.82M218.84M216.02M205.89M194.67M196.84M207.76M211.71M212.15M209.52M215.13M215.33M221.37M214.38M215.08M232.54M240.78M239.13M
Shares Outstanding (Diluted Average) 159.97M166.11M177.78M181.47M206.12M213.72M218.81M206.83M205.29M202.83M209.72M200.30M204.93M205.48M220.83M223.65M231.38M233.73M229.43M221.87M221.19M208.99M197.61M199.81M207.76M211.71M215.55M209.52M0.00M221.97M0.00M221.19M0.00M238.25M0.01M245.06M
EBITDA -133.18M-86.86M-85.78M-87.13M-36.86M-107.41M1.16M116.42M-53.42M-3.37M84.57M-58.67M-18.77M-183.94M-46.72M-82.27M16.89M14.45M88.45M-8.01M-6.73M-207.01M-229.89M-235.68M-167.44M-268.96M34.83M-80.70M182.51M286.45M498.59M509.72M535.41M459.58M680.39M816.07M
Interest Expenses 66.06M162.73M257.34M-641.70M-189.19M409.35M-98.87M2.28M177.31M-71.91M11.13M114.01M13.25M323.83M105.13M-135.92M-37.39M-30.11M-16.51M24.02M15.71M-14.94M-18.15M87.74M-82.65M-29.40M-15.24M109.75M57.58M-77.54M-133.98M640.09M265.07M-505.99M-19.87M523.87M
Tax Rate -0.58%-0.53%6.11%-0.51%152.44%8.11%15.98%-28.81%10.74%-20.81%97.56%21.76%12.93%30.17%73.56%350.00%98.77%-387.50%-13.22%-1.48%31.40%279.17%