Spotify Technology S.A. (SPOT) Earnings History
Annual and quarterly earnings data from 2015 to 2025
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SPOT EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
SPOT Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 32.0% | 12.8% | 12.9% |
| 2024 | 30.1% | 8.7% | 7.3% |
| 2023 | 25.6% | -3.4% | -4.0% |
| 2022 | 25.0% | -5.6% | -3.7% |
| 2021 | 26.8% | 1.0% | -0.4% |
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Spotify Technology S.A. (SPOT) Earnings Overview
As of May 6, 2026, Spotify Technology S.A. (SPOT) reported trailing twelve-month net income of $2.72B, reflecting +91.1% year-over-year growth. The company earned $13.00 per diluted share over the past four quarters, with a net profit margin of 12.9%.
Looking at the long-term picture, SPOT's historical earnings data spans multiple years. The company achieved its highest annual net income of $2.21B in fiscal 2025, representing a new all-time high.
Spotify Technology S.A. maintains positive profitability with a gross margin of 32.0%, operating margin of 12.8%, and net margin of 12.9%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including SIRI ($846M net income, 9.4% margin), IHRT (-$473M net income, -12.2% margin), PTON (-$51M net income, -4.8% margin), SPOT has outperformed on profitability metrics. Compare SPOT vs SIRI →
SPOT Earnings vs Peers
Earnings metrics vs comparable public companies
SPOT Historical Earnings Data (2015–2025)
11 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.21B | +94.4% | $2.20B | $10.51 | 12.9% | 12.8% |
| 2024 | $1.14B | +313.9% | $1.36B | $5.50 | 7.3% | 8.7% |
| 2023 | -$532M | -23.7% | -$446M | $-2.73 | -4.0% | -3.4% |
| 2022 | -$430M | -1164.7% | -$659M | $-2.93 | -3.7% | -5.6% |
| 2021 | -$34M | +94.1% | $94M | $-1.03 | -0.4% | 1.0% |
| 2020 | -$581M | -212.4% | -$293M | $-3.10 | -7.4% | -3.7% |
| 2019 | -$186M | -138.5% | -$73M | $-1.03 | -2.7% | -1.1% |
| 2018 | -$78M | +93.7% | -$43M | $-0.51 | -1.5% | -0.8% |
| 2017 | -$1.24B | -129.1% | -$378M | $-6.93 | -30.2% | -9.2% |
| 2016 | -$539M | -134.3% | -$349M | $-3.21 | -18.3% | -11.8% |
Full SPOT Stock Analysis
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Start ComparisonSPOT — Frequently Asked Questions
Quick answers to the most common questions about buying SPOT stock.
Is SPOT growing earnings?
SPOT EPS is $13.00, with earnings growth accelerating to +91.1%. This exceeds the 5-year CAGR of N/A. TTM net income reached $2.7B.
What are SPOT's profit margins?
Spotify Technology S.A. net margin is +12.9%, with operating margin at +12.8%. Margins sit within typical range for the sector.
How consistent are SPOT's earnings?
SPOT earnings data spans 2015-2025. The accelerating earnings trend is +91.1% YoY. Historical data enables comparison across business cycles.