Spotify Technology S.A.
SPOT · XNYSCIK 1639920fmd_0YNQ1JDTF801GK01NZ77E137N3Transportation, Communications, Electric, Gas and Sanitary Services · Radio Broadcasting StationsTemplate: Standard
Coverage: Jan 01, 2016 to Dec 31, 2025, 10 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 2,952 | 4,090 | 5,259 | 6,764 | 7,880 | 9,668 | 11,727 | 13,247 | 15,673 | 17,186 |
| Cost of revenue | 2,551 | 3,241 | 3,906 | 5,042 | 5,865 | 7,077 | 8,801 | 9,850 | 10,949 | 11,690 |
| Gross profit | 401 | 849 | 1,353 | 1,722 | 2,015 | 2,591 | 2,926 | 3,397 | 4,724 | 5,496 |
| Research and development | 207 | 396 | 493 | 615 | 837 | 912 | 1,387 | 1,725 | 1,486 | 1,393 |
| Selling, general and administrative | 543 | 831 | 903 | 1,180 | 1,471 | 1,585 | 2,198 | 2,118 | 1,873 | 1,905 |
| Operating income | (349) | (378) | (43) | (73) | (293) | 94 | (659) | (446) | 1,365 | 2,198 |
| Interest expense | 336 | 974 | 584 | 333 | 510 | 91 | 132 | 220 | 352 | 266 |
| Income before taxes | (535) | (1,233) | (173) | (131) | (709) | 249 | (370) | (505) | 1,341 | 2,224 |
| Income tax expense | 4 | 2 | (95) | 55 | (128) | 283 | 60 | 27 | 203 | 12 |
| Net income from continuing operations | (539) | (1,235) | (78) | (186) | (581) | (34) | (430) | (532) | 1,138 | 2,212 |
| Net income | (539) | (1,235) | (78) | (186) | (581) | (34) | (430) | (532) | 1,138 | 2,212 |