Spotify Technology S.A annual r&d spending
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Spotify Technology S.A R&D Spending Growth & History (SPOT)
Spotify Technology S.A's r&d spending was €1.39B for fiscal 2025.
View full Spotify Technology S.A company overviewSpotify Technology S.A annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €1.39B | −€93.0M | −6.26% |
| 2024 | 2024-12-31 | €1.49B | −€239.0M | −13.86% |
| 2023 | 2023-12-31 | €1.73B | €338.0M | +24.37% |
| 2022 | 2022-12-31 | €1.39B | €475.0M | +52.08% |
| 2021 | 2021-12-31 | €912.0M | €75.0M | +8.96% |
| 2020 | 2020-12-31 | €837.0M | €222.0M | +36.10% |
| 2019 | 2019-12-31 | €615.0M | €122.0M | +24.75% |
| 2018 | 2018-12-31 | €493.0M | €97.0M | +24.49% |
| 2017 | 2017-12-31 | €396.0M | €189.0M | +91.30% |
| 2016 | 2016-12-31 | €207.0M | — | — |
Spotify Technology S.A quarterly r&d spending
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €403.0M | −€12.0M | −2.89% |
| Q1 2026 | 2026-03-31 | €331.0M | −€48.0M | −12.66% |
| Q4 2025 | 2025-12-31 | €290.0M | −€86.0M | −22.87% |
| Q3 2025 | 2025-09-30 | €309.0M | −€33.0M | −9.65% |
| Q2 2025 | 2025-06-30 | €415.0M | €36.0M | +9.50% |
| Q1 2025 | 2025-03-31 | €379.0M | −€10.0M | −2.57% |
| Q4 2024 | 2024-12-31 | €376.0M | −€92.0M | −19.66% |
| Q3 2024 | 2024-09-30 | €342.0M | −€27.0M | −7.32% |
| Q2 2024 | 2024-06-30 | €379.0M | −€74.0M | −16.34% |
| Q1 2024 | 2024-03-31 | €389.0M | −€46.0M | −10.57% |
| Q4 2023 | 2023-12-31 | €468.0M | €53.0M | +12.77% |
| Q3 2023 | 2023-09-30 | €369.0M | −€17.0M | −4.40% |
| Q2 2023 | 2023-06-30 | €453.0M | €117.0M | +34.82% |
| Q1 2023 | 2023-03-31 | €435.0M | €185.0M | +74.00% |
| Q4 2022 | 2022-12-31 | €415.0M | — | — |
| Q3 2022 | 2022-09-30 | €386.0M | — | — |
| Q2 2022 | 2022-06-30 | €336.0M | — | — |
| Q1 2022 | 2022-03-31 | €250.0M | — | — |
Spotify Technology S.A r&d spending trends
Over the last five fiscal years, Spotify Technology S.A's r&d spending increased from €837.0M to €1.39B, a change of €556.0M. The latest reported quarter, Q2 2026, shows €403.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Spotify Technology S.A source filings ↗