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SPOT Stock Income Statements
$767.34 (-0.68%) last: 2025-06-29 20:00:00 EST

Spotify Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Gross Profit  
 Operating Profit  
 Net Income  
20200729 20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 -0.360.30.961.612.272.933.594.24Billion

Spotify Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-07-29 2020-06-30 2020-04-29 2020-03-31 2019-12-31 2019-10-28 2019-09-30 2019-07-31 2019-06-30 2019-04-29 2019-03-31 2018-12-31 2018-11-01 2018-09-30 2018-07-26 2018-06-30 2018-05-03 2018-03-31 
                                       
  revenue4,190,000,000 4,242,000,000 3,988,000,000 3,807,000,000 3,636,000,000 3,671,000,000 3,357,000,000 3,177,000,000 3,042,000,000 3,166,000,000 3,036,000,000 2,864,000,000 2,661,000,000 2,689,000,000 2,501,000,000 2,331,000,000 2,147,000,000 2,168,000,000 1,975,000,000 1,889,000,000 1,889,000,000 1,848,000,000 1,848,000,000 1,855,000,000 1,731,000,000 1,731,000,000 1,667,000,000 1,667,000,000 1,511,000,000 1,511,000,000 1,495,000,000 1,352,000,000 1,352,000,000 1,273,000,000 1,273,000,000 1,139,000,000 1,139,000,000 
  yoy15.24% 15.55% 18.80% 19.83% 19.53% 15.95% 10.57% 10.93% 14.32% 17.74% 21.39% 22.87% 23.94% 24.03% 26.63% 23.40% 13.66% 17.32% 6.87% 1.83% 9.13% 6.76% 10.86% 11.28% 14.56% 14.56% 11.51% 23.30% 11.76% 18.70% 17.44% 18.70% 18.70%     
  qoq-1.23% 6.37% 4.75% 4.70% -0.95% 9.35% 5.67% 4.44% -3.92% 4.28% 6.01% 7.63% -1.04% 7.52% 7.29% 8.57% -0.97% 9.77% 4.55% 0.00% 2.22% 0.00% -0.38% 7.16% 0.00% 3.84% 0.00% 10.32% 0.00% 1.07% 10.58% 0.00% 6.21% 0.00% 11.76% 0.00%  
  cost of revenue2,864,000,000 2,874,000,000 2,748,000,000 2,695,000,000 2,632,000,000 2,691,000,000 2,472,000,000 2,411,000,000 2,276,000,000 2,365,000,000 2,286,000,000 2,160,000,000 1,990,000,000 1,977,000,000 1,833,000,000 1,668,000,000 1,599,000,000 1,593,000,000 1,486,000,000 1,410,000,000 1,410,000,000 1,376,000,000 1,376,000,000 1,381,000,000 1,290,000,000 1,290,000,000 1,233,000,000 1,233,000,000 1,138,000,000 1,138,000,000 1,096,000,000 1,010,000,000 1,010,000,000 944,000,000 944,000,000 856,000,000 856,000,000 
  gross profit1,326,000,000 1,368,000,000 1,240,000,000 1,112,000,000 1,004,000,000 980,000,000 885,000,000 766,000,000 766,000,000 801,000,000 750,000,000 704,000,000 671,000,000 712,000,000 668,000,000 663,000,000 548,000,000 575,000,000 489,000,000 479,000,000 479,000,000 472,000,000 472,000,000 474,000,000 441,000,000 441,000,000 434,000,000 434,000,000 373,000,000 373,000,000 399,000,000 342,000,000 342,000,000 329,000,000 329,000,000 283,000,000 283,000,000 
  yoy32.07% 39.59% 40.11% 45.17% 31.07% 22.35% 18.00% 8.81% 14.16% 12.50% 12.28% 6.18% 22.45% 23.83% 36.61% 38.41% 14.41% 21.82% 3.60% 1.05% 8.62% 7.03% 8.76% 9.22% 18.23% 18.23% 8.77% 26.90% 9.06% 13.37% 21.28% 20.85% 20.85%     
  qoq-3.07% 10.32% 11.51% 10.76% 2.45% 10.73% 15.54% 0.00% -4.37% 6.80% 6.53% 4.92% -5.76% 6.59% 0.75% 20.99% -4.70% 17.59% 2.09% 0.00% 1.48% 0.00% -0.42% 7.48% 0.00% 1.61% 0.00% 16.35% 0.00% -6.52% 16.67% 0.00% 3.95% 0.00% 16.25% 0.00%  
  gross margin %31.65% 32.25% 31.09% 29.21% 27.61% 26.70% 26.36% 24.11% 25.18% 25.30% 24.70% 24.58% 25.22% 26.48% 26.71% 28.44% 25.52% 26.52% 24.76% 25.36% 25.36% 25.54% 25.54% 25.55% 25.48% 25.48% 26.03% 26.03% 24.69% 24.69% 26.69% 25.30% 25.30% 25.84% 25.84% 24.85% 24.85% 
  research and development379,000,000 376,000,000 342,000,000 379,000,000 389,000,000 468,000,000 369,000,000 453,000,000 435,000,000 415,000,000 386,000,000 336,000,000 250,000,000 253,000,000 208,000,000 255,000,000 196,000,000 232,000,000 176,000,000 267,000,000 267,000,000 162,000,000 162,000,000 173,000,000 136,000,000 136,000,000 151,000,000 151,000,000 155,000,000 155,000,000 100,000,000 135,000,000 135,000,000 143,000,000 143,000,000 115,000,000 115,000,000 
  sales and marketing314,000,000 393,000,000 332,000,000 343,000,000 324,000,000 432,000,000 355,000,000 399,000,000 347,000,000 453,000,000 432,000,000 391,000,000 296,000,000 340,000,000 280,000,000 279,000,000 236,000,000 294,000,000 256,000,000 248,000,000 248,000,000 231,000,000 231,000,000 276,000,000 178,000,000 178,000,000 200,000,000 200,000,000 172,000,000 172,000,000 163,000,000 146,000,000 146,000,000 173,000,000 173,000,000 138,000,000 138,000,000 
  general and administrative124,000,000 122,000,000 112,000,000 124,000,000 123,000,000 155,000,000 129,000,000 161,000,000 140,000,000 164,000,000 160,000,000 171,000,000 131,000,000 126,000,000 105,000,000 117,000,000 102,000,000 118,000,000 97,000,000 131,000,000 131,000,000 96,000,000 96,000,000 102,000,000 73,000,000 73,000,000 86,000,000 86,000,000 93,000,000 93,000,000 42,000,000 67,000,000 67,000,000 103,000,000 103,000,000 71,000,000 71,000,000 
  operating income509,000,000 477,000,000 454,000,000 266,000,000 168,000,000 -75,000,000 32,000,000 -247,000,000 -156,000,000 -231,000,000 -228,000,000 -194,000,000  -7,000,000 75,000,000 12,000,000 14,000,000 -69,000,000 -40,000,000 -167,000,000 -167,000,000 -17,000,000 -17,000,000 -77,000,000 54,000,000 54,000,000 -3,000,000 -3,000,000 -47,000,000 -47,000,000 94,000,000 -6,000,000 -6,000,000 -90,000,000 -90,000,000 -41,000,000 -41,000,000 
  yoy202.98% -736.00% 1318.75% -207.69% -207.69% -67.53% -114.04% 27.32%  3200.00% -404.00% -1716.67%  -89.86% -287.50% -107.19% -108.38% 305.88% 135.29% 116.88% -409.26% -131.48% 466.67% 2466.67% -214.89% -214.89% -103.19% -50.00% 683.33% -47.78% -204.44% -85.37% -85.37%     
  qoq6.71% 5.07% 70.68% 58.33% -324.00% -334.38% -112.96% 58.33% -32.47% 1.32% 17.53%   -109.33% 525.00% -14.29% -120.29% 72.50% -76.05% 0.00% 882.35% 0.00% -77.92% -242.59% 0.00% -1900.00% 0.00% -93.62% 0.00% -150.00% -1666.67% 0.00% -93.33% 0.00% 119.51% 0.00%  
  operating margin %12.15% 11.24% 11.38% 6.99% 4.62% -2.04% 0.95% -7.77% -5.13% -7.30% -7.51% -6.77%  -0.26% 3.00% 0.51% 0.65% -3.18% -2.03% -8.84% -8.84% -0.92% -0.92% -4.15% 3.12% 3.12% -0.18% -0.18% -3.11% -3.11% 6.29% -0.44% -0.44% -7.07% -7.07% -3.60% -3.60% 
  finance income71,000,000 127,000,000 66,000,000 76,000,000 59,000,000 46,000,000 55,000,000 33,000,000 27,000,000 26,000,000 102,000,000 118,000,000 175,000,000 20,000,000 101,000,000 21,000,000 104,000,000 4,000,000 14,000,000 6,000,000 6,000,000 70,000,000 70,000,000 7,000,000 226,000,000 226,000,000 8,000,000 8,000,000 34,000,000 34,000,000 389,000,000 10,000,000 10,000,000 41,000,000 41,000,000 15,000,000 15,000,000 
  finance costs-252,000,000 -105,000,000 -122,000,000 -72,000,000 -53,000,000 -102,000,000 -14,000,000 -27,000,000 -77,000,000 -86,000,000 -18,000,000 -14,000,000 -14,000,000 -21,000,000 -14,000,000 -25,000,000 -31,000,000 -114,000,000 -90,000,000 -294,000,000 -294,000,000 -12,000,000 -12,000,000 -103,000,000 -10,000,000 -10,000,000 -64,000,000 -64,000,000 -156,000,000 -156,000,000 -2,000,000 -85,000,000 -85,000,000 -343,000,000 -343,000,000 -154,000,000 -154,000,000 
  finance (cost)/income - net-181,000,000                                     
  income before tax328,000,000 499,000,000 398,000,000 270,000,000 174,000,000 -131,000,000 73,000,000 -241,000,000 -206,000,000 -291,000,000 -144,000,000 -90,000,000 155,000,000 -8,000,000 162,000,000 8,000,000 87,000,000 -179,000,000 -116,000,000 -455,000,000 -455,000,000 41,000,000 41,000,000 -173,000,000 270,000,000 270,000,000 -59,000,000 -59,000,000 -169,000,000 -169,000,000 481,000,000 -82,000,000 -82,000,000 -392,000,000 -392,000,000 -180,000,000 -180,000,000 
  income tax expense103,000,000 132,000,000 98,000,000  -23,000,000 -61,000,000 8,000,000 61,000,000 19,000,000 -21,000,000 22,000,000 35,000,000 24,000,000 31,000,000 160,000,000 28,000,000 64,000,000 -54,000,000 -15,000,000 -99,000,000 -99,000,000 40,000,000 40,000,000 36,000,000 29,000,000 29,000,000 17,000,000 17,000,000 -27,000,000 -27,000,000 39,000,000 -125,000,000 -125,000,000 2,000,000 2,000,000   
  net income225,000,000 367,000,000 300,000,000 274,000,000 197,000,000 -70,000,000 65,000,000 -302,000,000 -225,000,000 -270,000,000 -166,000,000 -125,000,000 131,000,000 -39,000,000 2,000,000 -20,000,000 23,000,000 -125,000,000 -101,000,000 -356,000,000 -356,000,000 1,000,000 1,000,000 -209,000,000 241,000,000 241,000,000 -76,000,000 -76,000,000 -142,000,000 -142,000,000 442,000,000 43,000,000 43,000,000 -394,000,000 -394,000,000 -169,000,000 -169,000,000 
  yoy14.21% -624.29% 361.54% -190.73% -187.56% -74.07% -139.16% 141.60% -271.76% 592.31% -8400.00% 525.00% 469.57% -68.80% -101.98% -94.38% -106.46% -12600.00% -10200.00% 70.33% -247.72% -99.59% -101.32% 175.00% -269.72% -269.72% -117.19% -276.74% -430.23% -63.96% -212.18% -125.44% -125.44%     
  qoq-38.69% 22.33% 9.49% 39.09% -381.43% -207.69% -121.52% 34.22% -16.67% 62.65% 32.80% -195.42% -435.90% -2050.00% -110.00% -186.96% -118.40% 23.76% -71.63% 0.00% -35700.00% 0.00% -100.48% -186.72% 0.00% -417.11% 0.00% -46.48% 0.00% -132.13% 927.91% 0.00% -110.91% 0.00% 133.14% 0.00%  
  net income margin %5.37% 8.65% 7.52% 7.20% 5.42% -1.91% 1.94% -9.51% -7.40% -8.53% -5.47% -4.36% 4.92% -1.45% 0.08% -0.86% 1.07% -5.77% -5.11% -18.85% -18.85% 0.05% 0.05% -11.27% 13.92% 13.92% -4.56% -4.56% -9.40% -9.40% 29.57% 3.18% 3.18% -30.95% -30.95% -14.84% -14.84% 
  earnings per share                                     
  basic1.1 1.81 1.49 1.37 0.99 -0.595 0.33 -1.55 -1.16 -0.208 -0.86 -0.65 0.68 0.005 0.01 -0.1 0.12 -0.61 -0.53   0.033 1.34 1.34     -0.74 0.24 0.24     
  diluted1.07 1.76 1.45 1.33 0.97 -0.595 0.33 -1.55 -1.16 -0.408 -0.99 -0.85 0.21 -0.213 -0.41 -0.19 -0.25 -0.61 -0.58   -0.2 -0.2 0.023 0.36 0.36     -0.74 0.23 0.23     
  weighted-average ordinary shares outstanding                                     
  basic204,467,927 200,622,518 201,575,568 199,959,172 198,025,456 194,732,304 194,881,723 194,420,128 193,562,462 192,934,862 193,077,334 192,948,032 192,476,022 191,298,397 191,485,473 191,172,946 190,565,397 187,583,307 188,842,828   185,046,324 185,046,324 180,960,579 179,863,596 179,863,596     177,154,405 180,510,524 180,510,524     
  diluted210,243,478 206,990,369 207,399,501 206,119,851 203,773,043 194,732,304 198,012,369 194,420,128 193,562,462 195,846,362 195,988,834 195,859,532 197,077,256 193,943,455 194,551,862 194,084,446 191,815,695 187,583,307 189,054,064   185,632,113 185,632,113 180,960,579 188,477,554 188,477,554     181,210,292 188,120,122 188,120,122     
  finance (costs)/income - net 22,000,000 -56,000,000                                   
  finance income/(cost) - net   4,000,000 6,000,000  41,000,000 6,000,000 -50,000,000 -60,000,000 84,000,000 104,000,000 161,000,000 -1,000,000 87,000,000  73,000,000 -110,000,000 -76,000,000 -288,000,000 -288,000,000 58,000,000 58,000,000 -96,000,000 216,000,000 216,000,000 -56,000,000 -56,000,000 -122,000,000 -122,000,000 387,000,000 -76,000,000 -76,000,000 -302,000,000 -302,000,000 -139,000,000 -139,000,000 
  loss per share attributable to owners of the parent                                     
  basic and diluted                   -1.91 -1.91      -0.42 -0.42 -0.79 -0.79        
  weighted-average ordinary shares outstanding                                     
  basic and diluted                   186,552,877 186,552,877      180,409,115 180,409,115 180,613,539 180,613,539    179,077,124 179,077,124 167,778,952 167,778,952 
  share in losses of associate                                     
  share in (losses)/earnings of associate                               -1,000,000 -1,000,000     
  share in earnings of associate                                     
  net income per share                                     
  basic and diluted                                 -2.2 -2.2 -1.01 -1.01 
  income tax (benefit) expense                                   -11,000,000 -11,000,000 

We provide you with 20 years income statements for Spotify stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Spotify stock. Explore the full financial landscape of Spotify stock with our expertly curated income statements.

The information provided in this report about Spotify stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.