Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.
Revenue of Spotify Technology S.A. (SPOT)
Revenue in 2023 (TTM): $13.25 B
According to Spotify Technology S.A.'s latest financial reports the company's current revenue (TTM) is $13.25 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Spotify Technology S.A.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $13.25 B | $3.4 B | $-298,000,000 | $-505,000,000 | $-532,000,000 |
| 2022 | $11.73 B | $2.93 B | $-284,000,000 | $-370,000,000 | $-430,000,000 |
| 2021 | $9.67 B | $2.59 B | $467 M | $249 M | $-34,000,000 |
| 2020 | $7.88 B | $2.02 B | $-293,000,000 | $-709,000,000 | $-581,000,000 |
| 2019 | $6.76 B | $1.72 B | $-1,000,000 | $-131,000,000 | $-186,000,000 |
| 2018 | $5.26 B | $1.35 B | $-43,000,000 | $-173,000,000 | $-78,000,000 |
| 2017 | $4.09 B | $849 M | $-826,000,000 | $-1,233,000,000 | $-1,235,000,000 |
| 2016 | $2.95 B | $401 M | $-492,000,000 | $-535,000,000 | $-539,000,000 |
| 2015 | $1.94 B | $226 M | $-203,000,000 | $-225,000,000 | $-230,000,000 |