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

DocuSign

Universal Health Services

Ubiquiti Inc

Vertiv Holdings Co

Ubiquiti, Spotify, DocuSign, Vertiv and Universal Health are included in this Analyst Blog.

The Zacks Analyst Blog Ubiquiti, Spotify, DocuSign, Vertiv and Universal Health

Investment in growth stocks should be fruitful on rate cut hope. Five growth stocks to be purchased for September are DOCU, SPOT, UI, UHS and VRT.

Buy 5 Large-Cap Growth Stocks for September on Rate Cut Expectations

After conquering the streaming music market, Spotify is looking to broaden its subscription service with video.

Spotify Looks To Beef Up Audio Service With Videos

Advanced Micro Devices

Amazon

UBS analysts have unveiled their top stock picks for the remainder of 2024 across the Technology, Media, and Telecom (TMT) sectors. Broad themes across the US technology, media, and telecom sectors in 2024 center on market competition, AI-driven growth, and cost optimization.

AMD, Amazon, Spotify named top tech picks by UBS analysts

Recently, Zacks.com users have been paying close attention to Spotify (SPOT). This makes it worthwhile to examine what the stock has in store.

Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should Know

Arista Networks

Amphenol

Datadog

Micron Technology

Five beaten-down technology giant of past month with excellent price upside for short term are: MU, ANET, APH, DDOG, SPOT.

Buy 5 Beaten Down Tech Stocks of Past Month With Huge Near-Term Upside

Byrna Technologies

Byrna Technologies, Spotify and Climb Global have been highlighted in this Industry Outlook article.

Zacks Industry Outlook Byrna Technologies, Spotify and Climb Global

A man has been charged in an alleged scheme to defraud music streaming platforms of over $10 million by using artificial intelligence to trick their algorithms. The indictment alleges that Michael Smith of North Carolina, US, used bots to artificially inflate streams on platforms including Spotify, Apple Music, and YouTube, manipulating royalty payments for his AI-generated songs.

Man accused of using AI bots to trick streaming platforms out of millions

Significant growth since the pandemic, driven by the frequent adoption of remote work and other technological advancements, should help the Zacks Technology Services industry thrive. BYRN, SPOT and CLMB are well-positioned to make the most of the exploding demand.

3 Stocks to Buy From the Flourishing Technology Services Market

Abercrombie & Fitch

ANGI Homeservices

Willdan Group

Investors can add these top-ranked liquid stocks, Abercrombie & Fitch, Willdan, Spotify and Angi to their portfolio to boost returns.

Enrich Your Portfolio With These 4 Top-Ranked Liquid Stocks

Spotify's growth has been stellar, with EPS growing 185% and sales moving 19% higher throughout its latest period.

Bull of the Day: Spotify Technology (SPOT)

This streaming stock soared during the pandemic, then fell off a cliff once lockdown restrictions eased. Rising profitability, driven by cost-cutting and price hikes, has re-invigorated its stock price.

Up 82% This Year, Should Investors Still Buy This Red-Hot Growth Stock?

Apple

Spotify claims Apple may be again in violation of European regulation, the Digital Markets Act (DMA), which requires interoperability from big technology companies dubbed “gatekeepers.” This time, the issue isn't about in-app purchases, links or pricing information, but rather how Apple has discontinued the technology that allows Spotify users to control the volume on their connected devices.

Spotify points finger at Apple over an unwelcome change to volume control technology

Spotify's premium subscriber growth and price increases have driven strong earnings, but reliance on record labels could cap future profitability. Investments in owned content like podcasts and audiobooks aim to diversify revenue, but podcast profitability has been challenging. The shift to ad-supported podcast models may help break even but limits profit potential; audiobooks show promise but remain uncertain.

Spotify: Own Content To Defend Profit Margins

In light of the recent increase in SPOT's price, it's crucial to assess the company's current standing to make an informed investment decision.

Spotify Stock Soars 81% Year to Date: Should You Invest or Avoid?

A Wall Street analyst sees several tailwinds for Spotify stock in the second half of 2024. Spotify shares have stalled recently.

Spotify Stock Has Several Tailwinds, Analyst Says

CEOs of Meta and Spotify Say EU Regulations ‘Stifle Innovation'

Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have critisised European regulations surrounding open-source artificial intelligence, saying the continent risks falling behind because of complex rules.

Meta, Spotify CEOs take aim at European AI regulations

Eaton

Seagate Technology Holdings PLC

Taiwan Semiconductor Manufacturing

We have narrowed our search to four high-flying non-U.S. corporate bigwigs with more upside left. These are: TSM, STX, SPOT, ETN.

On the Rise: 4 Must-Buy Non-U.S. Stocks With Solid Earnings

Spotify (SPOT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Spotify Technology (SPOT) Is a Trending Stock: Facts to Know Before Betting on It

Nu Holdings

Palantir Technologies

The current market environment is exceptionally strong, offering fertile ground for growth stocks with compelling fundamentals. Stocks like Nu ( NU ), Spotify ( SPOT ), and Palantir ( PLTR ) are perfectly positioned to capitalize on this momentum.

Surging Momentum: 3 Growth Stocks to Buy Now (NU, SPOT, PLTR)

Coupang

TG Therapeutics cruised past a 23.12 alternative entry.

Stock Market Advance Strengthens; These IPOs Stand Out, As Smaller Biotechs Surge

Aspen Technology Inc

Instacart (Maplebear Inc.)

Paramount Global

We have narrowed our search to five stocks that have solid momentum. These are: SPOT, AZPN, STX,CART, PARAA.

Soft-Landing Hopes Resurface: Top 5 Momentum Stock Picks

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Brokers Suggest Investing in Spotify (SPOT): Read This Before Placing a Bet

American Superconductor

Here are four top-performing liquid stocks, American Superconductor Corporation (AMSC), Willdan Group (WLDN), Spotify (SPOT) and Angi (ANGI), which investors can add to their portfolio to augment returns.

News for Spotify Stock (SPOT)