Spotify Technology S.A. (SPOT) Operating Margin: 13.70%
Is Spotify Technology S.A.’s operating margin high or low?
Spotify Technology S.A.'s operating margin of 13.70% is 742% above its 5-year average of 1.63%, near the high end of its 5-year range (-5.62%–13.70%).
As of Wednesday, June 17, 2026. 27.44% above its 12-month average of 10.75%.
SPOT Operating Margin Chart
SPOT Average Operating Margin Chart
SPOT Current vs Average Operating Margin Chart
SPOT Operating Margin Metrics
OPERATING MARGIN
13.70%
OPERATING MARGIN AVG TTM
10.75%
OPERATING MARGIN AVG 3Y
3.13%
OPERATING MARGIN AVG 5Y
1.63%
OPERATING MARGIN AVG 10Y
-2.30%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+27.44%
CURRENT VS 3Y AVG
+338.05%
CURRENT VS 5Y AVG
+742.21%
CURRENT VS 10Y AVG
+695.42%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SPOT Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | $94.86B | 13.70% | 10.75% | 3.13% | 1.63% |
| Comcast Corporation (CMCSA)vs › | $82.50B | 15.28% | 17.77% | 18.34% | 18.02% |
| DoorDash, Inc. (DASH)vs › | $74.48B | 4.88% | 2.46% | -4.72% | -7.20% |
| Electronic Arts Inc. (EA)vs › | $51.15B | 15.43% | 17.90% | 18.45% | 18.09% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $42.43B | -0.88% | -7.20% | -14.32% | -4.18% |
| Live Nation Entertainment, Inc. (LYV)vs › | $40.20B | 5.45% | 4.72% | 4.64% | -12.83% |
| AT&T Inc. (T)vs › | $155.54B | 19.35% | 19.53% | 13.87% | 14.96% |
| Reddit, Inc. (RDDT)vs › | $33.76B | 25.11% | -11.52% | -16.57% | -19.98% |
| Omnicom Group Inc. (OMC)vs › | $21.94B | 13.70% | 14.96% | 14.91% | 14.61% |
| Roku, Inc. (ROKU)vs › | $20.56B | 2.09% | -2.71% | -11.28% | -6.30% |
Operating Efficiency
Gross Margin
32.3%
Operating Margin
13.7%
Spotify Technology S.A. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Spotify Technology S.A. Operating Margin FAQ
- What is the operating margin for Spotify Technology S.A. (SPOT)?
- The operating margin for SPOT stock is 13.70%.
- Is Spotify Technology S.A.'s operating margin high or low?
- Spotify Technology S.A.'s operating margin of 13.70% is 742% above its 5-year average of 1.63%, near the high end of its 5-year range (-5.62%–13.70%).
- What is the TTM average operating margin for Spotify Technology S.A. (SPOT)?
- The TTM average operating margin for SPOT stock is 10.75%.
- What is the 3Y average operating margin for Spotify Technology S.A. (SPOT)?
- The 3Y average operating margin for SPOT stock is 3.13%.
- What is the 5Y average operating margin for Spotify Technology S.A. (SPOT)?
- The 5Y average operating margin for SPOT stock is 1.63%.
- What is the 10Y average operating margin for Spotify Technology S.A. (SPOT)?
- The 10Y average operating margin for SPOT stock is -2.30%.
Spotify Technology S.A. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 12.79% |
| 2024-12-31 | 8.71% |
| 2023-12-31 | -3.37% |
| 2022-12-31 | -5.62% |
| 2021-12-31 | 0.97% |
| 2020-12-31 | -3.72% |
| 2019-12-31 | -1.08% |
| 2018-12-31 | -0.82% |
| 2017-12-31 | -9.24% |
| 2016-12-31 | -11.82% |
| 2015-12-31 | -12.11% |
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