Spotify Technology S.A. (SPOT) Revenue CAGR:17.55%(TTM)
The revenue cagr for Spotify Technology S.A. (SPOT) is +17.55% over the latest trailing 12-month period. Revenue CAGR uses precomputed financial statement history.
The revenue cagr for Spotify Technology S.A. (SPOT) stock is 17.55% over the past 12 months. The 3 year average growth rate is 17.44% and the 5 year cagr is 16.40%. Revenue CAGR measures how Spotify Technology S.A.'s top-line revenue has grown over time. Consistent revenue growth is a key indicator of business expansion and market share gains.
SPOT Revenue CAGR Chart
Spotify Technology S.A. (SPOT)
SPOT Revenue CAGR History
| Year | Start Revenue | End Revenue | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $16.23B | $20.19B | +$3.96B | +24.38% | +24.38% |
| 2024 | $14.62B | $16.23B | +$1.61B | +11.00% | +11.00% |
| 2023 | $12.55B | $14.62B | +$2.07B | +16.53% | +16.53% |
| 2022 | $11.01B | $12.55B | +$1.54B | +14.01% | +14.01% |
| 2021 | $9.63B | $11.01B | +$1.38B | +14.33% | +14.33% |
| 2020 | $7.59B | $9.63B | +$2.04B | +26.81% | +26.81% |
| 2019 | $6.02B | $7.59B | +$1.57B | +26.12% | +26.12% |
| 2018 | $4.91B | $6.02B | +$1.11B | +22.58% | +22.58% |
| 2017 | $3.10B | $4.91B | +$1.81B | +58.14% | +58.14% |
| 2016 | $2.11B | $3.10B | +$997.28M | +47.32% | +47.32% |
Quarterly Revenue — QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $5.24B | -1.6% | +15.5% |
| Q4 2025 | $5.32B | +6.2% | +21.2% |
| Q3 2025 | $5.01B | +1.4% | +12.9% |
| Q2 2025 | $4.94B | +9.0% | +21.2% |
| Q1 2025 | $4.54B | +3.2% | +15.6% |
| Q4 2024 | $4.39B | -1.1% | +8.4% |
| Q3 2024 | $4.44B | +8.9% | +25.1% |
| Q2 2024 | $4.08B | +3.9% | +17.6% |
| Q1 2024 | $3.92B | -3.2% | +18.9% |
| Q4 2023 | $4.05B | +14.1% | +19.6% |
| Q3 2023 | $3.55B | +2.4% | +19.3% |
| Q2 2023 | $3.47B | +5.1% | +15.4% |
| Q1 2023 | $3.30B | -2.6% | +12.0% |
| Q4 2022 | $3.39B | +13.8% | +10.7% |
| Q3 2022 | $2.98B | -0.9% | +2.8% |
| Q2 2022 | $3.00B | +2.0% | +8.6% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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