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 growth
Spotify Technology's revenue growth over the twelve months to 30 September 2026 was 16.9%, up 2.3 percentage points from fiscal 2025 (14.7%). Over the past ten years it has ranged from −29.2% (fiscal 2016) to 41.6% (fiscal 2017); the current reading is higher than 30% of that period. That is above the Internet Content & Information industry median of 6.92% and above the Communication Services sector median of 5.07%.
Revenue growth, annual
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Annual newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| FY2025 | 14.7% | (3.64) |
| FY2024 | 18.3% | 2.25 |
| FY2023 | 16.0% | 8.02 |
| FY2022 | 8.02% | (19.05) |
| FY2021 | 27.1% | 8.25 |
| FY2020 | 18.8% | (3.15) |
| FY2019 | 22.0% | (12.38) |
| FY2018 | 34.4% | (7.24) |
| FY2017 | 41.6% | 70.81 |
| FY2016 | −29.2% | — |
Quarterly newest first
| Period | Revenue growth | Change (points) |
|---|---|---|
| Sep 2026 | 14.5% | (2.16) |
| Jun 2026 | 16.7% | (3.50) |
| Mar 2026 | 20.2% | 3.64 |
| Dec 2025 | 16.6% | 2.68 |
| 31 more quarters | Free account |
Against its own ten years
Revenue growth against peers
| Company | Revenue growth |
|---|---|
| RDDT Reddit Inc. compare | 62.2% |
| META Meta Platforms, Inc. compare | 27.5% |
| SPOT Spotify Technology | 16.9% |
| PINS Pinterest, Inc. compare | 15.4% |
| ZG Zillow Group, Inc. compare | 15.1% |
| Z Zillow Group, Inc. compare | 15.1% |
| SNAP Snap Inc. compare | 13.8% |
| BIDU Baidu, Inc. compare | 2.43% |
| MTCH Match Group Inc. compare | 0.49% |
| Internet Content & Information industry median | 6.92% |
| Communication Services sector median | 5.07% |
| Market median | 7.58% |
What Revenue growth is
Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.
(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|
More on SPOT
- Revenue
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement