Spotify Technology S.A.
Spotify Technology S.A. (SPOT) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Spotify Technology S.A. (SPOT), covering cash flow, earnings, and balance sheets.
Spotify Technology S.A. (SPOT) Income Statement & Financial Overview
Review Spotify Technology S.A. SPOT income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $4.19B | $4.24B | $3.99B | $3.81B |
| Cost of Revenue | $2.86B | $2.87B | $2.75B | $2.72B |
| Gross Profit | $1.33B | $1.37B | $1.24B | $1.09B |
| Gross Profit Ratio | $0.32 | $0.32 | $0.31 | $0.29 |
| R&D Expenses | $379.00M | $376.00M | $342.00M | $379.00M |
| SG&A Expenses | $438.00M | $515.00M | $444.00M | $467.00M |
| Operating Expenses | $817.00M | $891.00M | $786.00M | $846.00M |
| Total Costs & Expenses | $3.68B | $3.77B | $3.53B | $3.54B |
| Interest Income | $70.52M | $67.20M | $61.00M | $76.00M |
| Interest Expense | $14.73M | $11.73M | $6.00M | $72.00M |
| Depreciation & Amortization | $27.00M | $30.00M | $30.00M | $17.00M |
| EBITDA | $363.00M | $538.00M | $437.00M | $283.00M |
| EBITDA Ratio | $0.09 | $0.13 | $0.11 | $0.07 |
| Operating Income | $509.00M | $477.00M | $454.00M | $266.00M |
| Operating Income Ratio | $0.12 | $0.11 | $0.11 | $0.07 |
| Other Income/Expenses (Net) | -$181.00M | $22.00M | -$56.00M | $4.00M |
| Income Before Tax | $328.00M | $499.00M | $398.00M | $270.00M |
| Income Before Tax Ratio | $0.08 | $0.12 | $0.10 | $0.07 |
| Income Tax Expense | $103.00M | $132.00M | $98.00M | -$4.00M |
| Net Income | $225.00M | $367.00M | $300.00M | $274.00M |
| Net Income Ratio | $0.05 | $0.09 | $0.08 | $0.07 |
| EPS | $1.10 | $1.77 | $1.49 | $1.33 |
| Diluted EPS | $1.07 | $1.77 | $1.45 | $1.33 |
| Weighted Avg Shares Outstanding | $204.47M | $208.51M | $206.90M | $206.02M |
| Weighted Avg Shares Outstanding (Diluted) | $210.24M | $209.01M | $207.40M | $206.12M |
Over the last four quarters, Spotify Technology S.A.'s revenue moved from $3.81B in Q2 2024 to $4.19B in Q1 2025. Operating income in Q1 2025 was $509.00M, with a strong operating margin of 12%. Despite fluctuations in R&D and SG&A expenses, EBITDA for Spotify Technology S.A. remained robust at $363.00M, reflecting operational efficiency. Net income dropped to $225.00M, with an EPS of $1.10. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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