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Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
460.02
+18.81 (4.26%)
At close: Jun 26, 2026, 4:00 PM EDT
460.48
+0.46 (0.10%)
After-hours: Jun 26, 2026, 7:52 PM EDT

Spotify Technology Operating Metrics

Period Ending Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Premium Avg. Revenue Per User
4.76 4.70 4.53 4.57 4.73 4.85 4.71 4.62
Premium Avg. Revenue Per User Growth
0.63% -3.09% -3.82% -1.08% 3.96% 5.43% 8.53% 8.20%

Revenue by Segment
Period Ending Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Premium
15.76B 15.39B 15.08B 14.76B 14.36B 13.82B 13.28B 12.68B
Premium Growth
9.76% 11.38% 13.49% 16.40% 18.64% 19.61% 19.68% 16.94%
Ad-Supported
1.77B 1.80B 1.82B 1.86B 1.87B 1.85B 1.82B 1.79B
Ad-Supported Growth
-5.29% -3.18% 0.17% 3.51% 7.52% 10.29% 8.28% 10.88%

Users
Period Ending Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Total
2.92B 2.84B 2.76B 2.69B 2.62B 2.56B 2.48B 2.42B
Total Growth
11.53% 11.03% 11.24% 11.25% 11.83% 14.01% 16.63% 20.19%
Ad-Supported
1.84B 1.78B 1.73B 1.68B 1.64B 1.61B 1.56B 1.52B
Ad-Supported Growth
11.87% 10.57% 10.56% 10.65% 11.69% 14.86% 18.69% 23.86%
Premium
1.14B 1.12B 1.09B 1.06B 1.03B 1.00B 973.00M 947.00M
Premium Growth
10.79% 11.50% 11.82% 11.83% 11.73% 12.11% 13.01% 14.10%

Gross Margin by Segment
Period Ending Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Premium
34.80 34.80 33.20 33.10 33.50 34.70 33.50 31.40
Total
33.00 33.10 31.60 31.50 31.60 32.20 31.10 29.20
Ad-Supported
13.00 20.00 17.60 17.30 14.00 15.10 13.10 13.40

Revenue by Geography
Period Ending Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Other Countries
11.50B 10.70B 9.56B 8.90B 8.28B 8.04B 7.78B 7.47B
Other Countries Growth
38.93% 33.06% 22.80% 19.13% 16.29% 18.59% 19.89% 18.88%
United States
6.41B 6.47B 6.53B 6.52B 6.39B 6.14B 5.90B 5.65B
United States Growth
0.31% 5.44% 10.69% 15.35% 17.72% 17.44% 16.34% 13.21%
Luxembourg
13.00M 13.00M 13.00M 12.00M 11.00M 10.00M 9.00M 9.00M
Luxembourg Growth
18.18% 30.00% 44.44% 33.33% 22.22% 11.11% 28.57% 28.57%
United Kingdom
- 398.00M 804.00M 1.19B 1.55B 1.48B 1.42B 1.35B
United Kingdom Growth
- -73.16% -43.26% -11.66% 20.42% 20.57% 20.29% 17.76%

Operating Expense Breakdown
Period Ending Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Sales and Marketing
1.45B 1.43B 1.42B 1.40B 1.38B 1.39B 1.43B 1.45B
Sales and Marketing Growth
5.21% 2.44% -0.77% -3.51% -8.48% -9.20% -7.92% -10.85%
Research and Development
1.35B 1.39B 1.48B 1.51B 1.48B 1.49B 1.58B 1.61B
Research and Development Growth
-8.88% -6.26% -6.27% -5.79% -12.09% -13.86% -5.62% -4.97%
General and Administrative
462.00M 479.00M 492.00M 493.00M 482.00M 481.00M 514.00M 531.00M
General and Administrative Growth
-4.15% -0.42% -4.28% -7.16% -15.14% -17.78% -13.47% -15.04%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.