Income Statement - Spotify Technology S.A. (SPOT)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 17.19 | 15.67 | 13.25 | 11.73 | 9.67 | 7.88 | 6.76 | 5.26 | 4.09 | 2.95 | 1.94 |
| Cost of revenue | 11.69 | 10.95 | 9.85 | 8.80 | 7.08 | 5.87 | 5.04 | 3.91 | 3.24 | 2.55 | 1.71 |
| Gross profit | 5.50 | 4.72 | 3.40 | 2.93 | 2.59 | 2.02 | 1.72 | 1.35 | 0.85 | 0.40 | 0.23 |
| Total operating expenses | 3.30 | 3.36 | 3.84 | 3.59 | 2.50 | 2.31 | 1.80 | 1.40 | 1.23 | 0.75 | 0.46 |
| Operating income | 2.20 | 1.37 | -0.45 | -0.66 | 0.09 | -0.29 | -0.07 | -0.04 | -0.38 | -0.35 | -0.24 |
| Non-operating income (net) | 0.03 | -0.02 | -0.06 | 0.29 | 0.16 | -0.42 | -0.06 | -0.13 | -0.86 | -0.19 | 0.01 |
| Income before tax | 2.22 | 1.34 | -0.51 | -0.37 | 0.25 | -0.71 | -0.13 | -0.17 | -1.23 | -0.54 | -0.23 |
| Income tax expense | 0.01 | 0.20 | 0.03 | 0.06 | 0.28 | -0.13 | 0.06 | -0.10 | 0.00 | 0.00 | 0.01 |
| Net income | 2.21 | 1.14 | -0.53 | -0.43 | -0.03 | -0.58 | -0.19 | -0.08 | -1.24 | -0.54 | -0.23 |
Show Quarterly Income Statement
Income Statement - Spotify Technology S.A. (SPOT)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4.53 | 4.53 | 4.27 | 4.19 | 4.19 | 4.24 | 3.99 | 3.81 | 3.64 | 3.67 | 3.36 | 3.18 | 3.04 | 3.17 | 3.04 | 2.86 | 2.66 | 2.69 | 2.50 | 2.33 | 2.15 | 2.17 | 1.98 | 1.89 | 1.85 | 1.86 | 1.73 | 1.67 | 1.51 | 1.50 | 1.35 | 1.27 | 1.14 | 1.15 | 1.03 | 1.01 | 0.90 | 0.90 | 0.74 | 0.71 | 0.62 |
| Cost of revenue | 3.04 | 3.03 | 2.92 | 2.87 | 2.86 | 2.87 | 2.75 | 2.70 | 2.63 | 2.69 | 2.47 | 2.41 | 2.28 | 2.37 | 2.29 | 2.16 | 1.99 | 1.98 | 1.83 | 1.67 | 1.60 | 1.59 | 1.49 | 1.41 | 1.38 | 1.38 | 1.29 | 1.23 | 1.14 | 1.10 | 1.01 | 0.94 | 0.86 | 0.87 | 0.80 | 0.78 | 0.80 | 0.73 | 0.60 | 0.61 | 0.59 |
| Gross profit | 1.50 | 1.50 | 1.35 | 1.32 | 1.33 | 1.37 | 1.24 | 1.11 | 1.00 | 0.98 | 0.89 | 0.77 | 0.77 | 0.80 | 0.75 | 0.70 | 0.67 | 0.71 | 0.67 | 0.66 | 0.55 | 0.58 | 0.49 | 0.48 | 0.47 | 0.47 | 0.44 | 0.43 | 0.37 | 0.40 | 0.34 | 0.33 | 0.28 | 0.28 | 0.23 | 0.23 | 0.11 | 0.17 | 0.14 | 0.10 | 0.03 |
| Total operating expenses | 0.78 | 0.80 | 0.77 | 0.91 | 0.82 | 0.89 | 0.79 | 0.85 | 0.84 | 1.06 | 0.85 | 1.01 | 0.92 | 1.03 | 0.98 | 0.90 | 0.68 | 0.72 | 0.59 | 0.65 | 0.53 | 0.64 | 0.53 | 0.65 | 0.49 | 0.55 | 0.39 | 0.44 | 0.42 | 0.31 | 0.35 | 0.42 | 0.32 | 0.37 | 0.30 | 0.31 | 0.24 | 0.25 | 0.18 | 0.20 | 0.14 |
| Operating income | 0.72 | 0.70 | 0.58 | 0.41 | 0.51 | 0.48 | 0.45 | 0.27 | 0.17 | -0.08 | 0.03 | -0.25 | -0.16 | -0.23 | -0.23 | -0.19 | -0.01 | -0.01 | 0.08 | 0.01 | 0.01 | -0.07 | -0.04 | -0.17 | -0.02 | -0.08 | 0.05 | 0.00 | -0.05 | 0.09 | -0.01 | -0.09 | -0.04 | -0.09 | -0.07 | -0.08 | -0.14 | -0.08 | -0.04 | -0.09 | -0.11 |
| Non-operating income (net) | 0.22 | 0.32 | 0.25 | -0.36 | -0.18 | 0.02 | -0.06 | 0.00 | 0.01 | -0.06 | 0.04 | 0.01 | -0.05 | -0.06 | 0.08 | 0.10 | 0.16 | 0.00 | 0.09 | 0.00 | 0.07 | -0.11 | -0.08 | -0.29 | 0.06 | -0.10 | 0.22 | -0.06 | -0.12 | 0.39 | -0.08 | -0.30 | -0.14 | -0.51 | -0.21 | -0.11 | -0.03 | -0.01 | -0.09 | -0.09 | -0.03 |
| Income before tax | 0.94 | 1.02 | 0.83 | 0.05 | 0.33 | 0.50 | 0.40 | 0.27 | 0.17 | -0.13 | 0.07 | -0.24 | -0.21 | -0.29 | -0.14 | -0.09 | 0.16 | -0.01 | 0.16 | 0.01 | 0.09 | -0.18 | -0.12 | -0.46 | 0.04 | -0.17 | 0.27 | -0.06 | -0.17 | 0.48 | -0.08 | -0.39 | -0.18 | -0.60 | -0.28 | -0.19 | -0.17 | -0.09 | -0.13 | -0.19 | -0.14 |
| Income tax expense | 0.22 | -0.15 | -0.07 | 0.13 | 0.10 | 0.13 | 0.10 | 0.00 | -0.02 | -0.06 | 0.01 | 0.06 | 0.02 | -0.02 | 0.02 | 0.04 | 0.02 | 0.03 | 0.16 | 0.03 | 0.06 | -0.05 | -0.02 | -0.10 | 0.04 | 0.04 | 0.03 | 0.02 | -0.03 | 0.04 | -0.13 | 0.00 | -0.01 | 0.04 | -0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net income | 0.72 | 1.17 | 0.90 | -0.09 | 0.23 | 0.37 | 0.30 | 0.27 | 0.20 | -0.07 | 0.07 | -0.30 | -0.23 | -0.27 | -0.17 | -0.13 | 0.13 | -0.04 | 0.00 | -0.02 | 0.02 | -0.13 | -0.10 | -0.36 | 0.00 | -0.21 | 0.24 | -0.08 | -0.14 | 0.44 | 0.04 | -0.39 | -0.17 | -0.60 | -0.28 | -0.19 | -0.17 | -0.09 | -0.13 | -0.19 | -0.14 |