Company Analysis

Spotify Technology S.A. (SPOT)

NYSE: SPOT · Radio Broadcasting Stations · Luxembourg, LU · filing with the SEC since 2015
Grade7.2
◀ Past 6.5● Present 7.6▶ Future 7.2
1 est.

Income statement, as filed

In millions of euros (EUR), as filed; per-share figures in euros; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 10, 2026Feb 5, 2025Feb 8, 2024Feb 2, 2023Feb 3, 2022Feb 5, 2021Feb 12, 2020Feb 12, 2019··
Revenue17,18615,67313,24711,7279,6687,8806,7645,2594,0902,952
Cost of revenue11,69010,9499,8508,8017,0775,8655,0423,9063,2412,551
Gross profit5,4964,7243,3972,9262,5912,0151,7221,353849401
Research and development1,3931,4861,7251,387912837615493396207
Sales and marketing1,4261,3921,5331,5721,1351,029826620567368
General and administrative479481585626450442354283264175
Total operating expenses3,2983,3593,8433,5852,4972,3081,7951,3961,227750
Operating income2,1981,365-446-65994-293-73-43-378-349
Finance costs26635222013291510333584974336
Finance income29232816142124694275455118152
Net finance income (costs)26-24-59289155-416-58-130-855-186
Share of profit of equity-method investments·····00-11-2
Income before income taxes2,2241,341-505-370249-709-131-173-1,233-535
Income tax expense122032760283-12855-9524
Net income2,2121,138-532-430-34-581-186-78-1,235-539
Net income to shareholders2,2121,138-532-430-34-581-186-78-1,235-539
Earnings per share, basic10.775.67-2.73-2.23-0.18-3.10-1.03-0.44-8.14-3.63
Earnings per share, diluted10.515.50-2.73-2.93-1.03-3.10-1.03-0.51-8.14-3.63
Weighted average shares, basic205,412,951200,622,518194,732,304192,934,862191,298,397187,583,307180,960,579177,154,405151,668,769148,368,720
Weighted average shares, diluted210,509,173206,990,369194,732,304195,846,362193,943,455187,583,307180,960,579181,210,292151,668,769148,368,720
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldifrs-full:Revenue
Cost of revenue what it cost to make or buy what it soldifrs-full:CostOfSales
Gross profit revenue less the cost of what it soldifrs-full:GrossProfit
Research and development spent on inventing what it sells nextifrs-full:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersifrs-full:SalesAndMarketingExpense
General and administrative the cost of running the company itselfifrs-full:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherifrs-full:OperatingExpense
Operating income profit from running the business, before interest and taxifrs-full:ProfitLossFromOperatingActivities
Finance costs what its borrowing costifrs-full:FinanceCosts
Finance income what its cash and investments earnedifrs-full:FinanceIncome
Net finance income (costs) interest earned less interest paid, outside the businessifrs-full:FinanceIncomeCost
Share of profit of equity-method investments its share of companies it partly ownsifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod
Income before income taxes profit before taxifrs-full:ProfitLossBeforeTax
Income tax expense tax charged on the period's profitifrs-full:IncomeTaxExpenseContinuingOperations
Net income the whole group's profit, minority holders' share includedifrs-full:ProfitLoss
Net income to shareholders the profit or loss that belongs to the company's shareholdersifrs-full:ProfitLossAttributableToOwnersOfParent
Earnings per share, basic net income per share outstandingifrs-full:BasicEarningsLossPerShare
Earnings per share, diluted net income per share, counting every share that could be issuedifrs-full:DilutedEarningsLossPerShare
Weighted average shares, basic the average count of shares outstandingifrs-full:WeightedAverageShares
Weighted average shares, diluted the average count with every share that could be issuedifrs-full:AdjustedWeightedAverageShares
SI Assistanton SPOT · research, not advice