stockrowSpotify Technology
SPOT Communication Services Internet Content & Information
Spotify Technology’s revenue for fiscal 2025 (year ended December 2025) was $19.4 billion, up 14.6% from fiscal 2024.
- Revenue
- +14.5%
- EPS
- −43.1%
- Free cash flow
- −16.1%
Quarter to September 2026, against a year earlier
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Spotify Technology (SPOT) Revenue
Spotify Technology's revenue for fiscal 2025 was $19.4B, up 14.6% from $17.0B in fiscal 2024. Over the twelve months to 30 September 2026 it was $21.9B. Over the past ten years it has ranged from $3.3B (fiscal 2016) to $19.4B (fiscal 2025) — the current reading is the highest in ten years. Revenue has risen for 9 consecutive fiscal years. Spotify Technology ranks 4th of 66 Internet Content & Information companies by revenue.
Revenue, annual
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Annual newest first
| Period | Revenue | Change |
|---|---|---|
| FY2025 | $19.4B | 14.65% |
| FY2024 | $17.0B | 18.29% |
| FY2023 | $14.3B | 16.04% |
| FY2022 | $12.4B | 8.02% |
| FY2021 | $11.4B | 27.07% |
| FY2020 | $9.0B | 18.82% |
| FY2019 | $7.6B | 21.97% |
| FY2018 | $6.2B | 34.35% |
| FY2017 | $4.6B | 41.59% |
| FY2016 | $3.3B | — |
Quarterly newest first
| Period | Revenue | Change |
|---|---|---|
| Sep 2026 | $5.7B | 2.97% |
| Jun 2026 | $5.6B | 4.69% |
| Mar 2026 | $5.3B | 0.55% |
| Dec 2025 | $5.3B | 5.67% |
| 31 more quarters | Free account |
Against its own ten years
Revenue against peers
| Company | Revenue |
|---|---|
| META Meta Platforms, Inc. compare | $241.6B |
| SPOT Spotify Technology | $21.9B |
| BIDU Baidu, Inc. compare | $18.7B |
| SNAP Snap Inc. compare | $6.6B |
| PINS Pinterest, Inc. compare | $4.7B |
| MTCH Match Group Inc. compare | $3.5B |
| RDDT Reddit Inc. compare | $3.1B |
| ZG Zillow Group, Inc. compare | $2.9B |
| Z Zillow Group, Inc. compare | $2.9B |
What Revenue is
Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.
Reported line item
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- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement