Spotify Technology S.A Operating Income Growth & History (SPOT)
Spotify Technology S.A's operating income was €2.20B for fiscal 2025.
View full Spotify Technology S.A company overviewSpotify Technology S.A annual operating income history
| Fiscal year | Period ended | Operating income | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €2.20B | €833.0M | +61.03% |
| 2024 | 2024-12-31 | €1.36B | €1.81B | — |
| 2023 | 2023-12-31 | −€446.0M | €213.0M | — |
| 2022 | 2022-12-31 | −€659.0M | −€753.0M | — |
| 2021 | 2021-12-31 | €94.0M | €387.0M | — |
| 2020 | 2020-12-31 | −€293.0M | −€220.0M | — |
| 2019 | 2019-12-31 | −€73.0M | −€30.0M | — |
| 2018 | 2018-12-31 | −€43.0M | €335.0M | — |
| 2017 | 2017-12-31 | −€378.0M | −€29.0M | — |
| 2016 | 2016-12-31 | −€349.0M | — | — |
Spotify Technology S.A quarterly operating income
| Fiscal quarter | Period ended | Operating income | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €655.0M | €249.0M | +61.33% |
| Q1 2026 | 2026-03-31 | €715.0M | €206.0M | +40.47% |
| Q4 2025 | 2025-12-31 | €701.0M | €224.0M | +46.96% |
| Q3 2025 | 2025-09-30 | €582.0M | €128.0M | +28.19% |
| Q2 2025 | 2025-06-30 | €406.0M | €140.0M | +52.63% |
| Q1 2025 | 2025-03-31 | €509.0M | €341.0M | +202.98% |
| Q4 2024 | 2024-12-31 | €477.0M | €552.0M | — |
| Q3 2024 | 2024-09-30 | €454.0M | €422.0M | +1318.75% |
| Q2 2024 | 2024-06-30 | €266.0M | €513.0M | — |
| Q1 2024 | 2024-03-31 | €168.0M | €324.0M | — |
| Q4 2023 | 2023-12-31 | −€75.0M | €156.0M | — |
| Q3 2023 | 2023-09-30 | €32.0M | €260.0M | — |
| Q2 2023 | 2023-06-30 | −€247.0M | −€53.0M | — |
| Q1 2023 | 2023-03-31 | −€156.0M | −€150.0M | — |
| Q4 2022 | 2022-12-31 | −€231.0M | — | — |
| Q3 2022 | 2022-09-30 | −€228.0M | — | — |
| Q2 2022 | 2022-06-30 | −€194.0M | — | — |
| Q1 2022 | 2022-03-31 | −€6.0M | — | — |
Spotify Technology S.A operating income trends
Over the last five fiscal years, Spotify Technology S.A's operating income increased from −€293.0M to €2.20B, a change of €2.49B. The latest reported quarter, Q2 2026, shows €655.0M.
What operating income means
Operating income is the profit or loss a company generates from its core business after cost of revenue and operating expenses, but before non-operating items such as interest and income taxes.
SEC-reported operating income
TickerStat standardizes operating income reported in company SEC filings for aligned fiscal periods. It is not adjusted EBIT, an analyst estimate, or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Spotify Technology S.A source filings ↗Community posts
Spotify forecasts higher holiday-quarter profit and subscriber growth
Spotify ($SPOT) reported third-quarter 2026 revenue of approximately €4.97 billion and operating profit of €672 million. Premium subscribers increased 9% to 306 million, while monthly active users rose 11% to 788 million. Gross margin reach ...