Companies: 10,795·Total market cap: $144.5T
Spotify Technology S.A.

Spotify Technology S.A.

SPOTNYSECommunication Services● Active
$512.41
+$15.46(+3.11%)
Market Cap$105.4B
P/E Ratio—
52W High$785
52W Low$405
Overview

Spotify Technology S.A. (SPOT) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

SPOT · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $2.21B for FY2025 (fiscal year ending 2025-12-31), up 94.4% year-over-year. Net profit margin was 12.9%. Based on available data, Spotify Technology S.A. has been profitable since at least 2024.

FY2025 Net Income$2.21B▲ +94.4% YoY
Trailing 12M (TTM)$2.71Btrailing 4 quarters sum
Net Profit Margin12.9%$2.21B ÷ $17.19B
YoY Change+94.4%—
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2024

▸ FMP /income-statement · Annual · SPOT net income history · SPOT profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$2.21B▲ +94.4%12.9%
FY2024★ First Profit$1.14B▲ +313.9%7.3%
FY2023Loss−$532.0M▼ 23.7%-4.0%
FY2022Loss−$430.0M▼ 1164.7%-3.7%
FY2021Loss−$34.0M▲ +94.1%-0.3%

Net income vs peers (Communication Services)

#CompanyNet IncomeYoY
#1
Spotify Technology S.A.
Spotify Technology S.A.YOU
SPOT
$2.21B+94.4%
#2
Alphabet Inc.
Alphabet Inc.
GOOGL
$132.17B+32.0%#3
Alphabet Inc.
Alphabet Inc.
GOOG
$132.17B+32.0%#4
Meta Platforms, Inc.
Meta Platforms, Inc.
META
$60.46B-3.1%#5
Verizon Communications, 5.9% 15 Feb 2054
Verizon Communications, 5.9% 15 Feb 2054
VZA
$17.17B-1.9%#6
Netflix, Inc.
Netflix, Inc.
NFLX
$10.98B+26.1%
Communication Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Spotify Technology S.A. (SPOT) reported net income of $2.21B for FY2025 (fiscal year ending 2025-12-31), up 94.4% year-over-year. The net profit margin was 12.9% — meaning the company kept $0.13 of every dollar of revenue as profit.

Based on available data, Spotify Technology S.A. has been profitable since at least 2024. Net income reached a peak of $2.21B in FY2025. Data available for 11 fiscal years.

Spotify Technology S.A.'s net profit margin was 12.9% for FY2025, based on the latest annual results.

Investors sometimes search for "Spotify Technology S.A. net worth" — the company's market capitalization is a separate figure from SPOT net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

SPOT net income · 5 questions

Spotify Technology S.A. is profitable. The company reported net income of $2.21B for FY2025, a net profit margin of 12.9%. Net income was up 94.4% year-over-year. Based on available data, Spotify Technology S.A. has been profitable since at least 2024.

is SPOT profitabledoes SPOT make a profitSPOT profitabilitySPOT profitable company

▸ Source: FMP /income-statement · GAAP · Spotify Technology S.A. · Spotify Technology S.A. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026