Spotify Technology S.A. (SPOT) Net Income
The annual net income for Spotify Technology S.A. (SPOT) is $2.60 Billion with a year-over-year change of +120.49%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$2.60B
$2.60 Billion
Year-over-Year Change
+120.49%
vs. $1.18B prior year
Net Income CAGR
+31.93%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
+152.54%
3 Year
+151.45%
5 Year
+31.93%
10 Year
N/A
15 Year
N/A
20 Year
N/A
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $2.60B | +$1.42B | +120.49% |
| 2024 | $1.18B | +$1.77B | — |
| 2023 | ($587.20M) | ($127.12M) | — |
| 2022 | ($460.07M) | ($421.37M) | — |
| 2021 | ($38.70M) | +$671.03M | — |
| 2020 | ($709.73M) | ($501.00M) | — |
| 2019 | ($208.73M) | ($119.47M) | — |
| 2018 | ($89.27M) | +$1.39B | — |
| 2017 | ($1.48B) | ($915.70M) | — |
| 2016 | ($566.89M) | ($317.03M) | — |
Net Income Growth Summary
TTM Growth
+152.54%
3-Year Avg Growth
+151.45%
5-Year Avg Growth
+31.93%
About Spotify Technology S.A.
Spotify Technology S.A., through its various entities, functions as a global provider of audio streaming services. Its operational model is split into two distinct segments: Premium and Ad-Supported. The Premium segment caters to subscribers by granting them uninterrupted, ad-free access to its extensive catalog of music and podcasts, available for both online and offline consumption. Conversely, the Ad-Supported segment delivers online, on-demand music streaming and unlimited podcast access to users, facilitated by advertisements and available across computers, tablets, and various mobile devices. Beyond its core streaming offerings, Spotify also manages functions like sales, marketing, outsourced research and development, and comprehensive customer support. By the end of 2021 (December 31), the platform had amassed a significant global user base, comprising 406 million monthly active users and 180 million premium subscribers spanning 184 nations and regions. Incorporated in 2006, the firm's corporate headquarters are situated in Luxembourg, Luxembourg.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- CEO
- Alex Norström