Spotify Technology revenue and financials
$483.05Change from previous close: +2.15%Absolute change: +$10.16
In the fiscal year ended December 2025, Spotify Technology reported revenue of €17.19B (+9.65% year over year). Net income was €2.21B, a net margin of 12.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +9.65%
- 2025 vs 2024
- Net income growth
- +94.38%
- 2025 vs 2024
- Net margin
- 12.9%
- 2024: 7.3%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 15,015 | 12,005 | 8,346 | 7,636 | 7,170 | 6,326 | 5,122 | 4,336 | 3,107 | — |
| Current assets | 10,496 | 8,379 | 5,260 | 4,352 | 4,372 | 2,366 | 2,231 | 2,246 | 1,898 | — |
| Cash and equivalents | 5,258 | 4,781 | 3,114 | 2,483 | 2,744 | 1,151 | 1,065 | 891 | 477 | 755 |
| Short-term investments | 2,458 | 1,972 | 859 | 867 | 689 | — | — | — | — | — |
| Receivables | 918 | 799 | 878 | 695 | 626 | — | — | — | — | — |
| Net property, plant and equipment | 422 | 414 | 547 | 765 | 809 | — | — | — | — | — |
| Goodwill | 1,083 | 1,201 | 1,137 | 1,168 | 894 | 736 | 478 | 146 | — | — |
| Other intangible assets | 29.0 | 40.0 | 71.0 | 108 | 58.0 | — | — | — | — | — |
| Long-term investments | 2,181 | 1,635 | 1,215 | 1,138 | 916 | — | — | — | — | — |
| Current liabilities | 6,085 | 4,450 | 4,090 | 3,516 | 3,226 | 2,900 | 2,439 | 2,149 | 1,860 | — |
| Accounts payable | 783 | 933 | 662 | 588 | 534 | — | — | — | — | — |
| Long-term debt | — | 1,539 | 1,203 | 1,128 | 1,202 | — | — | — | — | — |
| Total debt | 1,956 | 2,076 | 1,696 | 1,683 | — | — | — | — | — | — |
| Total liabilities | 6,686 | 6,480 | 5,823 | 5,235 | 5,051 | 3,521 | 3,085 | 2,242 | 2,869 | — |
| Total equity (incl. minority) | 8,329 | 5,525 | 2,523 | 2,401 | 2,119 | — | — | — | — | — |
| Retained earnings | -832 | -3,044 | -4,182 | -3,647 | -3,220 | — | — | — | — | — |