Spotify Technology S.A.
NYSE:SPOT
377.73 (USD) • At close November 4, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 3,826.255 | 3,636 | 3,671 | 3,357 | 3,466.827 | 3,042 | 3,166 | 3,036 | 2,864 | 2,661 | 2,689 | 2,501 | 2,331 | 2,147 | 2,168 | 1,975 | 1,889 | 1,848 | 1,855 | 1,731 | 1,667 | 1,511 | 1,495 | 1,352 | 1,273 | 1,139 | 1,149 | 1,032 | 1,007 | 902 | 872 | 747 | 714 | 619 |
| Cost of Revenue
| 2,715.666 | 2,632 | 2,691 | 2,472 | 2,574.203 | 2,276 | 2,365 | 2,286 | 2,160 | 1,990 | 1,977 | 1,833 | 1,668 | 1,599 | 1,593 | 1,486 | 1,410 | 1,376 | 1,381 | 1,290 | 1,233 | 1,138 | 1,096 | 1,010 | 944 | 856 | 867 | 802 | 775 | 797 | 719 | 634 | 610 | 588 |
| Gross Profit
| 1,110.589 | 1,004 | 980 | 885 | 892.623 | 766 | 801 | 750 | 704 | 671 | 712 | 668 | 663 | 548 | 575 | 489 | 479 | 472 | 474 | 441 | 434 | 373 | 399 | 342 | 329 | 283 | 282 | 230 | 232 | 105 | 153 | 113 | 104 | 31 |
| Gross Profit Ratio
| 0.29 | 0.276 | 0.267 | 0.264 | 0.257 | 0.252 | 0.253 | 0.247 | 0.246 | 0.252 | 0.265 | 0.267 | 0.284 | 0.255 | 0.265 | 0.248 | 0.254 | 0.255 | 0.256 | 0.255 | 0.26 | 0.247 | 0.267 | 0.253 | 0.258 | 0.248 | 0.245 | 0.223 | 0.23 | 0.116 | 0.175 | 0.151 | 0.146 | 0.05 |
| Reseach & Development Expenses
| 373.882 | 389 | 468 | 369 | 494.326 | 435 | 415 | 386 | 336 | 250 | 253 | 208 | 255 | 196 | 232 | 176 | 267 | 162 | 173 | 136 | 151 | 155 | 100 | 135 | 143 | 115 | 123 | 98 | 95 | 80 | 62 | 51 | 52 | 42 |
| General & Administrative Expenses
| 124 | 123 | 155 | 129 | 149.498 | 140 | 164 | 160 | 171 | 131 | 126 | 105 | 117 | 102 | 118 | 97 | 131 | 96 | 102 | 73 | 86 | 93 | 42 | 67 | 103 | 71 | 73 | 67 | 70 | 54 | 178 | 128 | 143 | 94 |
| Selling & Marketing Expenses
| 343 | 324 | 432 | 355 | 411.392 | 347 | 453 | 432 | 391 | 296 | 340 | 280 | 279 | 236 | 294 | 256 | 248 | 231 | 276 | 178 | 200 | 172 | 163 | 146 | 173 | 138 | 173 | 138 | 146 | 110 | 0 | 0 | 1 | 1 |
| SG&A
| 469.362 | 447 | 587 | 484 | 560.89 | 487 | 617 | 592 | 562 | 427 | 466 | 385 | 396 | 338 | 412 | 353 | 379 | 327 | 378 | 251 | 286 | 265 | 205 | 213 | 276 | 209 | 246 | 205 | 216 | 164 | 178 | 128 | 144 | 95 |
| Other Expenses
| 0 | 0 | 0 | 0 | -5 | -43 | -15 | 28 | 41 | 90 | -5 | 51 | 17 | 49 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -123 | -78 | 0 | -106 | -21 | -40 | 0 | 0 | 0 | 0 |
| Operating Expenses
| 843.244 | 836 | 1,055 | 853 | 1,055.216 | 922 | 1,032 | 978 | 898 | 677 | 719 | 593 | 651 | 534 | 644 | 529 | 646 | 489 | 551 | 387 | 437 | 420 | 305 | 348 | 419 | 324 | 369 | 303 | 311 | 244 | 240 | 179 | 196 | 137 |
| Operating Income
| 267.345 | 168 | -75 | 32 | -112.396 | -156 | -231 | -228 | -194 | 93 | -7 | 75 | 12 | 14 | -69 | -40 | -167 | -17 | -77 | 54 | -3 | -47 | 94 | -6 | -90 | -41 | -87 | -73 | -79 | -139 | -87 | -66 | -92 | -106 |
| Operating Income Ratio
| 0.07 | 0.046 | -0.02 | 0.01 | -0.032 | -0.051 | -0.073 | -0.075 | -0.068 | 0.035 | -0.003 | 0.03 | 0.005 | 0.007 | -0.032 | -0.02 | -0.088 | -0.009 | -0.042 | 0.031 | -0.002 | -0.031 | 0.063 | -0.004 | -0.071 | -0.036 | -0.076 | -0.071 | -0.078 | -0.154 | -0.1 | -0.088 | -0.129 | -0.171 |
| Total Other Income Expenses Net
| 4.02 | 6 | -89 | 14 | -150.589 | -50 | -60 | 84 | 104 | 62 | 9 | 93 | 5 | 100 | -100 | -66 | -281 | 60 | -96 | 216 | -52 | -120 | 380 | -83 | -305 | -152 | -509 | -209 | -111 | -36 | 2 | -61 | -94 | -31 |
| Income Before Tax
| 271.366 | 174 | -131 | 73 | -262.986 | -206 | -291 | -144 | -90 | 155 | -8 | 162 | 8 | 87 | -179 | -116 | -455 | 41 | -173 | 270 | -59 | -169 | 481 | -82 | -392 | -180 | -596 | -278 | -187 | -172 | -85 | -127 | -186 | -137 |
| Income Before Tax Ratio
| 0.071 | 0.048 | -0.036 | 0.022 | -0.076 | -0.068 | -0.092 | -0.047 | -0.031 | 0.058 | -0.003 | 0.065 | 0.003 | 0.041 | -0.083 | -0.059 | -0.241 | 0.022 | -0.093 | 0.156 | -0.035 | -0.112 | 0.322 | -0.061 | -0.308 | -0.158 | -0.519 | -0.269 | -0.186 | -0.191 | -0.097 | -0.17 | -0.261 | -0.221 |
| Income Tax Expense
| -4.02 | -23 | -61 | 8 | 66.565 | 19 | -21 | 22 | 35 | 24 | 31 | 160 | 28 | 64 | -54 | -15 | -99 | 40 | 36 | 29 | 17 | -27 | 39 | -125 | 2 | -11 | 36 | -105 | 1 | 1 | 0 | 3 | -1 | 2 |
| Net Income
| 274 | 197 | -70 | 65 | -329.55 | -225 | -270 | -166 | -125 | 131 | -39 | 2 | -20 | 23 | -125 | -101 | -356 | 1 | -209 | 241 | -76 | -142 | 442 | 43 | -394 | -169 | -596 | -278 | -188 | -173 | -85 | -130 | -185 | -139 |
| Net Income Ratio
| 0.072 | 0.054 | -0.019 | 0.019 | -0.095 | -0.074 | -0.085 | -0.055 | -0.044 | 0.049 | -0.015 | 0.001 | -0.009 | 0.011 | -0.058 | -0.051 | -0.188 | 0.001 | -0.113 | 0.139 | -0.046 | -0.094 | 0.296 | 0.032 | -0.31 | -0.148 | -0.519 | -0.269 | -0.187 | -0.192 | -0.097 | -0.174 | -0.259 | -0.225 |
| EPS
| 1.38 | 0.99 | -0.36 | 0.34 | -1.7 | -1.16 | -1.4 | -0.86 | -0.65 | 0.68 | -0.2 | 0.01 | -0.1 | 0.12 | -0.66 | -0.53 | -1.91 | 0.005 | -1.14 | 1.34 | -0.42 | -0.79 | 2.44 | 0.24 | -2.2 | -1.01 | -3.35 | -1.66 | -1.12 | -1.03 | -0.57 | -0.87 | -1.25 | -0.95 |
| EPS Diluted
| 1.34 | 0.97 | -0.36 | 0.34 | -1.7 | -1.16 | -1.4 | -0.85 | -0.64 | 0.66 | -0.2 | -0.41 | -0.1 | -0.25 | -0.66 | -0.53 | -1.91 | -0.2 | -1.14 | 0.36 | -0.42 | -0.79 | 0.36 | 0.23 | -2.2 | -1.01 | -3.35 | -1.66 | -1.12 | -1.03 | -0.57 | -0.87 | -1.25 | -0.95 |
| EBITDA
| 297.497 | 258 | 12 | 104 | -87.298 | -85 | -292 | -147 | -110 | 130 | 46 | 163 | 61 | 76 | -36 | -12 | -136 | 18 | -46 | 302 | 23 | -19 | 491 | 9 | -202 | -95 | -38 | -159 | -85 | -159 | -83 | -188 | -280 | -168 |
| EBITDA Ratio
| 0.078 | 0.071 | 0.003 | 0.031 | -0.025 | -0.028 | -0.092 | -0.048 | -0.038 | 0.049 | 0.017 | 0.065 | 0.026 | 0.035 | -0.017 | -0.006 | -0.072 | 0.01 | -0.025 | 0.174 | 0.014 | -0.013 | 0.328 | 0.007 | -0.159 | -0.083 | -0.033 | -0.154 | -0.084 | -0.176 | -0.095 | -0.252 | -0.392 | -0.271 |