MAUs

Premium Subs

Ad-Supported MAUs

Monthly Active Users

% change MAUs

% change Premium Subs

% change Ad-Supported MAUs

Revenue segments as reported by the company.

Premium

Ad-Supported

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales & Marketing

General & Administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Spotify

Gimlet Media operates as a network of high-quality, narrative podcasts.

Gimlet Media

SoundBetter is a marketplace for music production for sound engineers, singers, studios, and session musicians.

SoundBetter

Parcast is the premier storytelling podcast network focused on creating scripted, story-driven programming.

Parcast

Soundtrap operates an online music recording studio that enables users to record, edit, collaborate, and share their recordings.

Soundtrap

The Echo Nest is a music intelligence company that offers music services to developers and media companies.

The Echo Nest

Anchor allows anyone to record or upload high-quality audio, host unlimited episodes, and distribute everywhere with just one click.

Anchor

Spotify Technology SA engages in the provision of digital music services. It operates through the Premium and Ad-Supported segments. The Premium segment provides subscribers with online and offline streaming access of music and podcasts on computers, tablets, and mobile devices. The Ad-Supported segment offers users with limited on-demand online access of music and unlimited online access of podcasts on their computers, tablets, and compatible mobile devices. The company was founded by Daniel Ek and Martin Lorentzon on December 27, 2006 and is headquartered in Luxembourg.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Spotify reports strong Q4 performance and eyes user growth

Spotify's Q4 2022 showcased robust performance with strong user and subscriber growth, exceeding revenue guidance.
Efficient cost management and strategic investments position Spotify for positive financial outlook in 2023.
Despite challenges like negative free cash flow and competition, Spotify's focus on user experience and ecosystem enablement presents growth opportunities.

Spotify surpasses user and revenue expectations, eyes AI innovation

Spotify's Q1 2023 earnings call highlighted robust user and subscriber growth, exceeding expectations. The company's focus on long-term investments and operational efficiency drove financial performance. Challenges include industry concerns like copyrights and managing operating expenses amidst growth, while opportunities lie in AI technology, new verticals, and advertising growth drivers.

Spotify reports record growth, eyes AI integration and revenue strategies

Spotify's Q2 performance showcased strong growth and revenue strategies. Challenges include forecasted operating loss and advertising revenue impact. Opportunities lie in AI integration, revenue growth, and podcast data analysis for user improvements.

Spotify excels in Q3, eyes 1 billion users by 2030

Spotify's Q3 2023 showcased strong financial performance, exceeding growth expectations and demonstrating operational efficiencies.
The company's focus on innovation, efficiency, and performance marketing mix positions it well for continued growth and progress towards profitability.
While challenges in managing expenses persist, opportunities in user growth, product innovation, and revenue enhancement are key focus areas.
Overall, Spotify's strategic initiatives and financial performance in Q3 indicate a positive trajectory for future growth and profitability.

Spotify reports robust Q4 earnings, eyes growth in podcasts

Spotify's Q4 2023 showcased strong financial performance, operational efficiency, and strategic foresight amidst growth in MAU and subscribers.
The company's focus on innovation, user engagement, and revenue diversification presents opportunities for sustained growth and market leadership.
Challenges in balancing profitability with growth initiatives, regulatory changes, and strategic realignment require agility and adaptability.
Overall, Spotify's performance highlights a resilient business model, commitment to long-term success, and potential for continued innovation and growth.

Spotify reports solid Q1 earnings, eyes pricing flexibility and innovation

Spotify's Q1 performance was strong, with a focus on revenue acceleration, profitability improvement, and innovation with label partners. While facing challenges in MAU growth and strategic adjustments, the company is eyeing opportunities in pricing flexibility, education expansion, and programmatic advertising. The new CFO is expected to enhance financial performance and resourcefulness.

Spotify excels in Q2 2024, eyes growth with premium tier

Spotify's Q2 2024 performance showcased strong subscriber trends, improved monetization, and record profitability, exceeding expectations.
The company's focus on enhancing MAU growth through marketing and product enhancements, along with the potential ultra-premium tier, positions it for continued success.
While facing challenges in a competitive market, Spotify's strategic initiatives and forecasted growth opportunities indicate a positive outlook for the future.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Spotify reports mixed Q2 2023 results, beating estimates on user and subscription growth but missing on profitability. The company's gross margin falls to 24.1%, but excluding cost reduction actions, it would have been in line with guidance at 25.5%. Spotify plans to increase prices for its premium subscription, which is expected to boost revenue and improve profitability in the long term.

Spotify: Don't Lose Patience

Universal Music has struck a deal with a rival of Spotify, and the pact could put artists back at the heart of the music-streaming industry.

Spotify Investors Should Note Universal Music's Streaming Move

Investigation claims networks convert illicit cash to bitcoin to pay people who sell false streams on the platform

Swedish criminal gangs using fake Spotify streams to launder money

Criminal gangs behind a surge of bombings and shootings in Sweden in recent years are using fake Spotify streams to launder money, a Swedish newspaper reported Tuesday.

Swedish criminal gangs laundering money through Spotify: media

The prospect of podcast riches led to aggressive investments in celebrity deals and original programming for what appeared a sky's-the-limit media frontier.

Spotify's $1 Billion Podcast Bet Turns Into a Serial Drama

As of October 1, white noise podcasters will be ineligible to earn money through Spotify's “Ambassador Ads” program.

Spotify cracks down on white noise podcasters that reportedly cost company $38M a year in profit

Spotify reported a quarterly loss of 300 million euros, most likely causing some concern among shareholders. Despite the financial losses, Spotify has a cash and investments pile of 4.9 billion euros and a growing user base. The company's future success depends on improving margins, navigating competition from TikTok, and capitalizing on new revenue streams like podcasts.

Spotify Is On Track But Big Risks Remain

Spotify Technology S.A.'s Q3 revenue outlook disappoints investors. Concerns about unimpressive free cash flows. Optimism remains due to increasing user base and potential for price increases.

Spotify: Revenue Growth Slows, But User Growth Is Bullish

Following Apple's announcement of podcast creator tools for subscriptions on Monday, Spotify today also introduced its own latest developments in terms of features aimed at podcasters.

Spotify introduces new podcaster tools, including customized pages, analytics, and other controls

Farfetch

Lemonade

Macy's

PayPal

Tesla

Overhyped stock picks can be tough to spot because people can get caught up in the possibilities. Let's face it, Wall Street analysts can get a bit exuberant with their forecasts.

Don't Hold Your Breath: 7 High-Profile Stocks With Ridiculous Price Targets

NEW YORK--(BUSINESS WIRE)--Former Spotify data scientist Jon Gibs joins Veritonic as Strategic Advisor, providing guidance around platform enhancements & integrations.

Former Spotify Data Scientist Jon Gibs Joins Veritonic as Strategic Advisor

Amazon

Disney

Endeavor Group Holdings

IMAX

Netflix

Paramount Global

In the vibrant realm of media stocks, the quest for undervalued entertainment stocks has never been more enticing. The entertainment industry has showcased remarkable resilience post-pandemic, promising a rosy growth phase for the sector.

The 7 Most Undervalued Entertainment Stocks to Buy Now: August 2023

“White noise” podcasts feature calm and relaxing sounds such as falling rain, crashing waves or just plain static.

Why ‘white noise' podcasts are costing Spotify $38M per year in profits

Ray Dalio (Trades, Portfolio) is a billionaire investor and the founder of Bridgewater Associates, the world's largest hedge fund. In the second quarter, the firm loaded up on a number of stocks, including Spotify Technology SA ( SPOT , Financial).

Ray Dalio's Firm Loads Up on Spotify

BioCryst Pharmaceuticals

Biogen

Bank of New York Mellon

Harley-Davidson

Quaker Chemical

Lazard

Scotts Miracle-Gro

TreeHouse Foods

United Continental Hlds

Barron's looked at stocks in the Russell 3000 that have done little for the past five years and identified 10 stocks where improving analyst sentiment could signal better days ahead.

Harley, Spotify, and 8 Other Dead Money Stocks That Are Poised to Come Alive

Alphabet

The markets have rallied strongly, but top names are still selling at discounted valuations. Google parent Alphabet is well positioned for a recovery in the advertising market.

2 Top Stocks to Buy in August

NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) announced today that Paul Vogel, Chief Financial Officer, plans to present at the 2023 Goldman Sachs Communacopia & Technology Conference on Wednesday, September 6, 2023. Mr. Vogel is scheduled to appear at 11:50 a.m. Eastern Time. The webcast will be available live and for replay on the Spotify Investor Relations website at http://investors.spotify.com. About Spotify Technology S.A. Spotify's platform revolutionized music list.

Spotify Chief Financial Officer to Present at the 2023 Goldman Sachs Communacopia & Technology Conference

Domino's Pizza

General Motors

Microsoft

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Meta & Domino's

Top Wall Street analysts are banking on these stocks for solid returns

Spotify is introducing a new commercial product for software development teams called “Confidence,” which is based on its homegrown experimentation platform. Confidence is designed to make it easy for teams to set up, run, coordinate, and analyze their own user tests so they can quickly optimize their ideas.

Spotify introduces new product to help software development teams with with A/B testing

Spotify is growing users at the fastest pace in company history. Operating costs have consistently outpaced Spotify's top-line growth.

Spotify Is Up 84% This Year. Is It Time to Sell?

Spotify is raising prices in most markets. Its margins aren't great because of how much it pays for content.

Should You Buy Spotify Stock After Its Post-Earnings Drop?

Spotify added a record number of users in the second quarter. The company's operating margin is at its worst level in years.

Will Spotify Ever Turn a Profit?

Companies are in the process of reporting their financial results for the quarter ended June 30. Earnings season tends to produce a surprise or two, but that's not always a good thing.

2 Popular Tech Stocks Investors Dropped in July

Artificial intelligence is all about efficiency for Spotify.

How AI Will Change Spotify Forever

MercadoLibre

Spotify's massive user base is its greatest asset. PayPal is one of the few bargains left in the wake of the recent tech sector rally.

News for Spotify Stock (SPOT)