Spotify Technology S.A annual gross profit
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Spotify Technology S.A Gross Profit Growth & History (SPOT)
Spotify Technology S.A's gross profit was €5.50B for fiscal 2025.
View full Spotify Technology S.A company overviewSpotify Technology S.A annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €5.50B | €772.0M | +16.34% |
| 2024 | 2024-12-31 | €4.72B | €1.33B | +39.06% |
| 2023 | 2023-12-31 | €3.40B | €471.0M | +16.10% |
| 2022 | 2022-12-31 | €2.93B | €335.0M | +12.93% |
| 2021 | 2021-12-31 | €2.59B | €576.0M | +28.59% |
| 2020 | 2020-12-31 | €2.02B | €293.0M | +17.02% |
| 2019 | 2019-12-31 | €1.72B | €369.0M | +27.27% |
| 2018 | 2018-12-31 | €1.35B | €504.0M | +59.36% |
| 2017 | 2017-12-31 | €849.0M | €448.0M | +111.72% |
| 2016 | 2016-12-31 | €401.0M | — | — |
Spotify Technology S.A quarterly gross profit
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €1.60B | €276.0M | +20.91% |
| Q1 2026 | 2026-03-31 | €1.50B | €169.0M | +12.75% |
| Q4 2025 | 2025-12-31 | €1.50B | €131.0M | +9.58% |
| Q3 2025 | 2025-09-30 | €1.35B | €111.0M | +8.95% |
| Q2 2025 | 2025-06-30 | €1.32B | €208.0M | +18.71% |
| Q1 2025 | 2025-03-31 | €1.33B | €322.0M | +32.07% |
| Q4 2024 | 2024-12-31 | €1.37B | €388.0M | +39.59% |
| Q3 2024 | 2024-09-30 | €1.24B | €355.0M | +40.11% |
| Q2 2024 | 2024-06-30 | €1.11B | €346.0M | +45.17% |
| Q1 2024 | 2024-03-31 | €1.00B | €238.0M | +31.07% |
| Q4 2023 | 2023-12-31 | €980.0M | €179.0M | +22.35% |
| Q3 2023 | 2023-09-30 | €885.0M | €135.0M | +18.00% |
| Q2 2023 | 2023-06-30 | €766.0M | €62.0M | +8.81% |
| Q1 2023 | 2023-03-31 | €766.0M | €95.0M | +14.16% |
| Q4 2022 | 2022-12-31 | €801.0M | — | — |
| Q3 2022 | 2022-09-30 | €750.0M | — | — |
| Q2 2022 | 2022-06-30 | €704.0M | — | — |
| Q1 2022 | 2022-03-31 | €671.0M | — | — |
Spotify Technology S.A gross profit trends
Over the last five fiscal years, Spotify Technology S.A's gross profit increased from €2.02B to €5.50B, a change of €3.48B. The latest reported quarter, Q2 2026, shows €1.60B.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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