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 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

Earnings data Q4 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.

Spotify reports stellar Q3 performance, eyes growth through innovation

Spotify's Q3 2024 earnings call highlighted robust performance, strategic focus on growth and profitability, and a commitment to innovation. While facing challenges in capital allocation and market competition, the company is well-positioned to leverage opportunities in ad revenue, AI investments, and marketplace expansion for sustained success.

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

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

Netflix

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.

Spotify stock rises after ValueAct takes a stake

Activist investor ValueAct Capital Management has taken a stake in Spotify Technology SA , the audio-streaming company confirmed on Friday.

ValueAct takes stake in Spotify

Investors can't make up their minds with this audio streaming platform.

Spotify Stock Is Soaring This Year: Has the Company Finally Made a Turnaround?

Fiverr

Palantir Technologies

PayPal

Shopify

Tesla

As the economy stabilizes and the stock market shows signs of embarking on a sustained recovery, it is arguably the best time to look for stocks to buy. In particular, the best stocks to buy now are tech stocks, as they have historically performed much better than the broader market.

7 Stocks to Buy for the Next Decade of Growth

General Motors

McDonald's

Exxon Mobil

Earnings reports for some of the biggest companies came out in January and can provide investors with insights on what to expect this year.

January 2023 Earnings Roundup - The Outlook For McDonald's, Spotify, GM, Exxon And UPS Heading Into 2023

Spotify Technology SA (NYSE: SPOT) is trading up on Monday after a Wells Fargo analyst turned super bullish on the audio streaming giant that he said was now “off margin probation”.

Spotify stock price forecast: Wells Fargo sees a 50% upside

The shares of Spotify Technology SA (NYSE:SPOT) are rallying, up 56.6% since the start of 2023, with no sign of slowing down according to Wells Fargo.

Analyst Sees More Upside for Spotify Stock

Global streaming audio platform Spotify Technology SA (NASDAQ: SPOT) stock missed top and bottom lines expectations on its fiscal Q4 2022 earnings, but Mr. Market didn't care shares screamed higher.

Spotify's Traffic, Not Earnings is Driving the Stock Higher

The audio streaming company put up strong user growth in the fourth quarter and plans to finally start generating a profit.

Why Spotify Shares Are Soaring This Week

Spotify is a growth company with the goal of becoming the global go-to audio platform. CEO Daniel Ek and his team set highly ambitious long-term goals; $100B in revenues and 1B+ subscribers.

Spotify: Mr. Market Offers The Leading Audio Platform At A Discount

Spotify is the market leader in music streaming with an estimated 30.5% of the market. The company missed revenue and earnings estimates in the third quarter of 2022, but did report solid growth in revenue and users overall.

Spotify: Earnings Miss But Undervalued Intrinsically

The audio streaming company is growing its user base and building an ad business extremely quickly.

Why Spotify Is One of My Favorite Stocks

A. O. Smith

Caterpillar

FedEx

Home Depot

International Paper

PulteGroup

Pentair

Phillips 66

U.S. equities indexes posted a positive performance to end a strong month of January, with positive financial reports contributing to the advance.

US Markets Close Out a Strong Month With Gains

Spotify's success with its year-end review known as Wrapped, designed for social sharing, may be pushing the company toward building more social experiences directly into its mobile app. The company for many months has been testing different iterations of a “friends activity” tab on its mobile app, and investors have now taken notice.

Spotify's test of a Friends tab on mobile hints at expanded social ambitions

Listeners are flocking to the popular audio-streaming service.

Why Spotify Stock Surged Today

Subscribers are tuning in, but cost reductions may not be enough without price increases.

News for Spotify Stock (SPOT)