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 adding paying subscribers at the rate of 1 million per month. Spotify just returned to profitability and is gaining scale that should help it to push its costs down further, resulting in even more profits.

Is Spotify Stock Going to $375? 1 Wall Street Analyst Thinks So.

Spotify grew subscribers, revenue, and profit margin, and earned a profit in Q1. Spotify's performance was superb, and investment bank Deutsche Bank gave it the highest price target on Wall Street in response.

Is Spotify Stock Going to $400? 1 Wall Street Analyst Thinks So.

Spotify grew subscribers, revenue, profits, and free cash flow in Q1. Its performance was superb, and investment bank J.P.

Spotify Stock Has 26% Upside, According to 1 Wall Street Analyst

Spotify beat earnings on Tuesday, and its stock rose by 11%. On Wednesday, Spotify stock gave back half its gains -- but Canaccord Genuity analyst Maria Ripps says the stock will bounce right back.

Spotify Stock Has 25% Upside, According to 1 Wall Street Analyst

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Most entertainment stocks are considered better investments than AMC (NYSE: AMC )—well, duh! We're talking about a stock that lost over 90% of its value last year and over 97% in the past decade.

Most Entertainment Stocks Are Better Buys Than AMC: 3 Picks to Consider

Spotify stock plunged 80% from its peak when the tech sector suffered a severe drawdown in 2022. The company made some difficult decisions, most of which centered around slashing costs.

1 Unstoppable Stock Up 50% in 2024 to Keep Buying Today

This week, Spotify beat first-quarter earnings and revenue estimates returning the 18-year-old company to profitably. Following mass layoffs in 2023 and increased service prices, the audio giant reported 3.6 billion euros ($3.9 billion) in first-quarter revenue and a gross profit of 1 billion euros ($1.08 billion).

Spotify Q1 Gross Profit Tops $1 Billion – 3 Trends For Continued Growth

Apple

Apple has rejected Spotify's new version of its iOS app with in-app pricing information for users in the European Union, the audio streaming firm said on Thursday.

Spotify says Apple has rejected its app update with price information for EU users

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The world of streaming is rapidly evolving, with more viewers cutting the cord and shifting towards on-demand content. This is why investors are on the hunt for the best streaming stocks to own in 2024.

3 Streaming Stocks to Own Now and Never Let Go

Spotify said today that it has submitted a new version of its app for EU users with pricing information and basic site information. Critically, the version doesn't contain the link to the website.

Spotify submits a new update to Apple with pricing information for EU users

Even a year of uncertainty and higher-than-average inflation rates posed no match for the U.S. consumer. Shares of Spotify Technology NYSE: SPOT rallied by more than 11% to end Tuesday's trading session on April 23.

Users Refuse to Give Up On Spotify, So Does Wall Street

Spotify's efficiency push has paid off for investors.

Spotify's Incredible Quarter Pushes Shares 15% Higher

Daniel Ek said Spotify underestimated the impact of laying off 1,500 people in December. "It took us some time to find our footing," Ek told investors in an earnings call.

Spotify CEO Daniel Ek has realized laying off 1,500 people at one go may have created a 'significant challenge' for Spotify's day-to-day operations

Spotify's quarterly gross profit topped $1.1 billion for the first time after it reined in marketing spending, although that meant the music streaming giant missed its forecast for monthly active users.

Spotify reaches record high earnings — but misses target on monthly active users

Spotify is tuned in to upbeat earnings outcomes, marking a robust beginning to its designated “year of monetization” after a standout performance in 2023 characterized by significant revenue growth, margin expansion, and enhanced efficiency.

Spotify Dubs 2024 ‘Year of Monetization' as Subscribers Surge 14% in Q1

Spotify (NYSE: SPOT ) is popping dramatically higher today, mitigating concerns about discretionary consumer sentiment. The company reported its fiscal first-quarter earnings on Tuesday and exceeded both top- and bottom-line forecasts.

5 Investors Betting Big on Spotify (SPOT) Stock

Spotify Technology (SPOT) shares skyrocketed in intraday trading Tuesday after the streaming audio provider posted a quarterly profit and strong sales on a big jump in the number of users.

Spotify Stock Soars as Monthly Active Users Jump

Spotify beat expectations for the first quarter and its stock is notably higher following the report. Here's why.

Why Spotify Stock Is Soaring After Q1 Earnings

The music streamer's market value has surged on the belief that its money-losing days are in the past.

Spotify Needs to Keep the Price Hits Coming

General Motors

PepsiCo

Tesla

Texas Instruments

Visa

As Q1 earnings season rolls along, market outlooks seem sunnier. For one thing, we're not seeing many bleak, bad misses from companies yet reported; if anything, we've been pleasantly surprised by results from big Wall Street banks, major manufacturers, etc.

Tech Companies Start Reporting Q1 Earnings

Spotify continues to attract new users at a strong pace, leading to good top-line growth. The company's profit margins are improving, leading to record profits.

Here's Why Spotify Stock Jumped Today

Spotify Technology SA (NYSE:SPOT) soared 15% on Tuesday after it posted record profits during its first quarter, with sales also beating Wall Street expectations. Earnings per share during the three months came in at a record US$0.97 compared to the US$0.65 analysts had been expecting.

Spotify soars as cost-cutting drives record profits

Although the revenue and EPS for Spotify (SPOT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Spotify (SPOT) Reports Q1 Earnings: What Key Metrics Have to Say

Spotify Technology S.A. (NYSE:SPOT ) Q1 2024 Earnings Conference Call April 23, 2024 8:00 AM ET Company Participants Bryan Goldberg - Head of IR Daniel Ek - Founder, CEO and Chairman Ben Kung - Interim CFO and VP of Financial Planning and Analysis Operator Thank you for standing by.

Spotify Technology S.A. (SPOT) Q1 2024 Earnings Call Transcript

Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter.

News for Spotify Stock (SPOT)