Spotify Technology S.A.

SPOT NYSE SEC CIK 1639920
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Financials

Reported figures only · latest: Q4 2025 EUR · IFRS
EPS, diluted -

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, IFRS
Revenue and net income11 fiscal years
  • Revenue
  • Net income
−€5B€0€5B€10B€15B€20BFY15FY17FY19FY21FY23FY25
Show the numbers
YearRevenueNet income
FY25€17.2B€2.2B
FY24€15.7B€1.1B
FY23€13.2B−€532M
FY22€11.7B−€430M
FY21€9.7B−€34M
FY20€7.9B−€581M
FY19€6.8B−€186M
FY18€5.3B−€78M
FY17€4.1B−€1.2B
FY16€3B−€539M
FY15--
MarginsShare of revenue
  • Gross margin
  • Operating margin
  • Net margin
−40%−20%0%20%40%FY15FY17FY19FY21FY23FY25
Show the numbers
YearGross marginOperating marginNet margin
FY2532%12.8%12.9%
FY2430.1%8.7%7.3%
FY2325.6%−3.4%−4%
FY2225%−5.6%−3.7%
FY2126.8%1%−0.4%
FY2025.6%−3.7%−7.4%
FY1925.5%−1.1%−2.7%
FY1825.7%−0.8%−1.5%
FY1720.8%−9.2%−30.2%
FY1613.6%−11.8%−18.3%
FY15---
Free cash flowOperating cash flow minus capital expenditure
€0€1B€2B€3BFY15FY17FY19FY21FY23FY25
Show the numbers
YearFree cash flow
FY25€2.9B
FY24€2.3B
FY23€674M
FY22€21M
FY21€276M
FY20€181M
FY19€438M
FY18€219M
FY17€143M
FY16€74M
FY15-
Returned to shareholdersDividends paid and shares bought back
€0€200M€400M€600MFY15FY17FY19FY21FY23FY25
Show the numbers
YearBuybacks
FY25€439M
FY24€0
FY23€0
FY22€2M
FY21€89M
FY20€0
FY19€438M
FY18€72M
FY17€0
FY16€0
FY15-
Net margin vs the sectorMedian of Communication Services companies filing with the SEC
  • Spotify Technology
  • Communication Services median
−40%−20%0%20%FY15FY17FY19FY21FY23FY25
Show the numbers
YearSpotify TechnologyCommunication Services median
FY2512.9%−0.2%
FY247.3%−1.1%
FY23−4%−1.6%
FY22−3.7%−0.2%
FY21−0.4%3.3%
FY20−7.4%−7.4%
FY19−2.7%−2.7%
FY18−1.5%−1.2%
FY17−30.2%−4.9%
FY16−18.3%2.3%
FY15-2.2%

News

3 stories filed under Spotify Technology