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

Spotify is making employee reductions amid a weakening economic outlook and lackluster demand from customers and advertisers.

Spotify to Axe 6% of Workers

Music streaming service becomes latest tech firm to announce cuts after pandemic overexpansion

Spotify to cut 600 jobs after CEO admits to expanding too quickly

Music streaming service Spotify is to reduce its workforce by 6%, following tech giants like Amazon, Google and Microsoft which all announced job cuts recently. “Change is the only constant,” said Daniel Elk, Spotify's chief executive officer, in his open letter to Spotify employees.

Spotify axes 6% of workforce as lockdown boom fades

Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees in the latest cost-cutting announcement among technology companies.

Spotify to cut some 600 staff as tech woes spread

Spotify CEO Daniel Ek announced that the company is implementing layoffs in order to cut costs and become more efficient amid the challenging economic environment.

Spotify to lay off 6% of workforce as number of tech job cuts grows

Spotify (NYSE: SPOT ) plans to lay off roughly 6% of its workforce, the company reported today. Continuing a recent trend among tech companies, these Spotify layoffs are occurring primarily because the company hired many employees to keep up with high demand during the pandemic.

Spotify Layoffs 2023: What to Know About the Latest SPOT Job Cut

Alphabet

After Silicon Valley's years-long spending spree, tech firms are starting to cut back, and investors are rallying around the grim news.

Spotify, Alphabet And Meta Lead Tech Stock Surge After Massive Layoff Announcements

On top of cuts at Amazon, Microsoft, Google and others, the tech world is walking back its hot hiring during the pandemic and bracing for a downturn.

Spotify to Cut 6% of Workforce, the Latest in Big Tech's Layoffs

At least 20 U.S. companies have conducted major rounds of job cuts so far this month, as recession fears continue in 2023.

2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

Spotify announced it is cutting 6% of its global workforce, as the music streaming giant contends with a gloomy economic environment.

Spotify cuts 6% of its workforce, content chief departs

Spotify is the latest big tech company to announce layoffs.

Spotify Stock Rises as It Plans to Cut 6% of Staff

The audio streaming platform becomes the latest big technology company to cut costs over worries about the economy.

Spotify to Lay Off 6% of Its Work Force

Dawn Ostroff is departing Spotify as the company's head of content amid broader cutbacks. Like a lot of tech giants, Spotify said it is shedding hundreds of jobs. In a memo to employees, CEO Daniel Ek said he had been “too ambitious” in scaling up the company.

Spotify Content Chief Dawn Ostroff Departing Amid Cutbacks

Music streaming service Spotify has announced that it will be conducting a round of layoffs that will impact around 6% of its global workforce. In its most recent earnings release, the company said that there were 9,808 full-time employees working for Spotify.

Spotify cuts 6% of its workforce, impacting 600 people

Spotify will lay off some 6% of its 6,600-strong workforce as the streaming giant is the latest tech firm to undertake cost-cutting measures to cope with a struggling economy.

Spotify to lay off 6 percent of its workforce as tech bloodbath widens

The streaming company's move is the latest in a wave of tech layoffs, as the industry recalibrates after growing rapidly at the start of the pandemic.

Spotify to Cut 6% of Its Staff

Spotify CEO Daniel Ek said in layoffs memo that impacted employees would have one-on-one conversations over the next several hours.

Spotify is laying off around 6% of its workforce — around 600 employees — to reduce costs and improve efficiency

Music streaming firm Spotify Technology SA plans to cut 6% of its workforce, the company said on Monday, a move that will add to a glut of layoffs in the technology sector as companies prepare for a possible recession.

Spotify to trim 6% of workforce

Spotify could be the next big tech company to announce layoffs, according to a report.

Spotify Stock Rises as Report Says It's Joining Other Tech Firms in Cutting Jobs

After slowing its pace of hiring last year, Spotify Technology SA is planning layoffs as soon as this week, according to a new report, adding to the wave of jobs cuts sweeping across the tech industry.

Spotify reportedly planning layoffs as soon as this week

Spotify Technology is planning layoffs as soon as this week to cut costs, Bloomberg News reported on Sunday, joining the likes of Alphabet Inc , Amazon.com Inc , Microsoft Corp who have cut thousands of jobs recently.

Spotify to cut staff as soon as this week - Bloomberg News

Apple

CVS Health

Shake Shack

SYNNEX

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Apple and Spotify.

Top Wall Street analysts pick these stocks to climb 2023's wall of worry

Spotify Technology's years-long jihad against Apple Inc. took another turn Wednesday, when the music-streaming service and a gang of European companies urged the European Commission to take “swift and decisive action” against the iPhone maker over what they claim are anticompetitive practices that have hindered their businesses.

Spotify launches new attack on Apple for ‘abusive behaviors'

Spotify, the music streaming giant, along with software company Proton and music service Deezer have slammed Apple in a letter to Margrethe Vestager, Vice President of the European Union Competition Commission. In the letter, the companies called for action against Apple's anti-competitive practices.

Spotify slams Apple for “illegal, anti-competitive behaviour”

Music streaming service Spotify Technology , along with other media firms such as Deezer, urged the European Commission to take action against Apple Inc for anticompetitive and unfair practices, in a joint industry letter on Wednesday.

News for Spotify Stock (SPOT)