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

It's not just TikTok Spotify is taking inspiration from with its app's redesign, the company also announced today new features inspired by YouTube and other social platforms, like Instagram and Snapchat. One new feature, Spotify Clips, will allow artists to add 30-second videos to their artist profiles — effectively, Spotify's own Stories feature.

Spotify introduces Countdown Pages and its own Stories feature

At Spotify's Stream On event today, the company introduced new tools to help artists on the streaming service build an audience and grow.

Spotify debuts new new growth and discovery tools for artists, merch and live events

Spotify Technology SA said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and music playlists on its audio streaming platform, as it crossed 500 million in monthly active listeners.

Spotify listeners cross half a billion mark

At Spotify's Stream On event today in L.A., the company introduced a significant redesign of its app, which capitalizes on its investments in personalization technology while also adopting a similar short-form video feed as the one popularized by TikTok.

Spotify revamps its app with TikTok-style discovery feeds, Smart Shuffle for playlists and more

Uber

Visa

FAANG was coined based on companies who were/are present in everyday life. Now that 10 years has passed since FAANG was born, it's time to look at what the next group may look like.

The Next FAANG: The SUV Driving Future Growth

A male voice offers ‘commentary' as the service curates a stream of songs I've heard before. Do I really need this?

Last night AI DJ saved my life? Testing Spotify's virtual radio host

Volkswagen AG

Dozens of apps including Spotify, Amazon Music, Tiktok and gaming hubs Vector Unit and FRVR are headed to VW Group brands, beginning with Audi thanks to a new app store launched by its software subsidiary Cariad.

VW's software unit Cariad launches app store to bring Spotify, Tiktok and hundreds more to vehicles

A successful payment is music to the ears of consumers and corporations involved in streaming entertainment, so for global brands in the space, there's no tuning out on the payments piece.

Spotify Says Payments Choice Critical to Growing Global Streaming Market Share

Netflix

It's Friday (or should I say, Fri-yay.) You've made it.

Magic Eraser comes to more devices, Spotify gains an AI DJ, and Netflix decreases prices

Spotify is adding an artificial intelligence DJ for certain listeners, the audio streaming service announced Wednesday in a press release.

Spotify releasing artificial intelligence DJ in two countries

Microsoft

Far before February sparked the current artificial intelligence (AI) mania, people had been both waxing poetic about the technology as well as doom-saying an AI-filled future. AI is the subject of countless sci-fi movies, prompting conversation around whether it's a worthy ethical pursuit.

AI Stocks Are Soaring

iHeartMedia

Sirius XM Holdings Inc

The companies are expanding services driven by algorithms and generative AI as the presence of artificial intelligence in the world of music streaming increases.

Spotify and YouTube Use AI to Take on Radio. It's a Challenge for SiriusXM, iHeartMedia.

Companies across the market are in a frenzy right now. Just like we saw last year with crypto, companies are now furiously looking to implement artificial intelligence (AI) into their products.

SPOT Stock Enters the AI Race With Spotify ‘DJ' Feature

(Kitco News) - Spotify has announced a new pilot test for blockchain-powered “token-enabled playlists” that allow users who hold select NFTs to access a list of curated music.

Spotify launches "token-enabled playlist" for select NFT holders

Unlocking exclusive access has been a long-held promise of a lot of NFT-based communities. And now, Spotify is helping some of them realize that claim with token-gated playlists.

Spotify is testing playlists that could be unlocked by NFT holders

Ahead of Spotify's upcoming Stream On event, where the company is expected to announce a redesigned home feed and other updates, the company today launched a new AI feature called “DJ” to better personalize the music listening experience for its users.

Spotify launches ‘DJ,' a new feature offering personalized music with AI-powered commentary

The impact of a volatile macro environment on Spotify should be fairly limited due to their sticky subscription revenue. This now appears to be priced into the stock though. It is too early to say how beneficial Spotify's product expansion efforts will be, but given Spotify's valuation, they represent an upside opportunity rather than a downside risk.

Spotify: Product Expansion Represents An Opportunity

Twilio

Bloomberg entertainment reporter Lucas Shaw joins the podcast to talk about Spotify.

Twilio's Layoffs, Spotify's Strategy, and Super Bowl Ads

Apple

Amazon

Disney

FuboTV

Roku

Streaming media stocks gained tremendously in value during the pandemic years. For instance, shares of streaming giant Netflix saw an 85.6% bump in price from 2020 to 2021, comfortably outperforming the broader market.

7 Stocks to Buy for the Future of Streaming Media

NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) announced today that Paul Vogel, Chief Financial Officer, will present at the 2023 Morgan Stanley Technology, Media and Telecom Conference on Wednesday, March 8, 2023. Mr. Vogel is scheduled to appear at 5:05 p.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 Chief Financial Officer to Present at the 2023 Morgan Stanley Technology, Media and Telecom Conference

Live Nation

Paramount Global

World Wrestling Entertainment

Entertainment and media stocks are off to a good start this year. The Invesco Dynamic Leisure & Entertainment ETF (NYSEARCA: PEJ ) has gained 15% so far in 2023 as people continue to spend money  on movies, concerts, theme parks, live shows, and streaming.

7 Stocks for the Future of Entertainment and Media

Investors were expecting an announcement from management, but it didn't deliver.

1 Thing Missing From Spotify's Earnings Report

A spokesperson for the music streaming platform said the company welcomes ValueAct as an investor.

Spotify Stock Jumps as Investor ValueAct Takes a Stake

It's a sea of red in the stock market on Friday, but not for Spotify (NYSE: SPOT ). Shares of SPOT stock are actually up on the day, higher by around 5% at last check.

Can Activist Investors Save Spotify (SPOT) Stock?

Spotify Technology SA shares SPOT, +3.12% were up more than 3% in Friday morning trading after Bloomberg News reported that ValueAct Capital Management has taken a position in the music-streaming company. The report cited comments from ValueAct Chief Executive Officer Mason Morfit at a Columbia University event Friday morning, during which he noted that the company's operating expenses have “exploded.

News for Spotify Stock (SPOT)