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's strategic ambitions aim for a x10 revenues expansion by 2030 (x2.5 MAU growth and x4 ARPU expansion). Although Spotify's growth targets appear excessively ambitions (judging by the number), they are not necessarily unreasonable.

Spotify: Likely On Track For A Tenfold Revenue Expansion By 2030

Spotify rebounded Wednesday after declining 4.02% Tuesday. It's holding above a November 4 low of $69.29.

Are Investors Hearing The End Of Spotify's Downtrend?

From Spotify Connect to one of the biggest music catalogs available, this is the streaming service to choose.

Spotify Review: Still the Best Music Streaming Service

Overhead Pressure Signals Trouble for Spotify Stock

Spotify continues to bolster its leadership spot in music streaming by continually adding to its monetization strategy. It recently launched audiobooks for its U.S. users, with a library of over 300k titles. This adds on top of a growing advertising strategy, diversifying revenue away from Premium.

Spotify: Strong Buy While The Market Is Looking The Other Way

Spotify has seen continuous strong user growth in both the "premium" and "advertised/free segment" adding another 23 million users in Q3. The market potential of Podcasts has just been tapped in, and other growth initiatives are under way (Audiobooks, AR, social features etc.).

Spotify: Fair Valuation And Massive TAM

Spotify Technology S.A. has seen a sharp YTD stock price decline of -65%. Spotify is the market leader in music streaming, maintaining a 33% market share.

Spotify: Has It Re-Entered The Buy Zone?

Spotify Technology SA (NYSE: SPOT) is the leading on-demand music streaming company today, with more than 1 billion app downloads on Google Play alone. The Sweden-based company was founded in 2006 by Daniel Ek and Martin Lorentzon, and has seen remarkable growth in the past few years as it expands across the globe.

40+ Spotify statistics 2022: SPOT stock, revenue and performance

In the last week or so, a web app named Instafest went viral. Instafest lets you generate festival posters from your Spotify listening history.

LineupSupply updates its app to generate Instafest-styled posters via your Spotify

Apple

Spotify CEO Daniel Ek has joined Elon Musk in decrying Apple's App Store policies. “Over and over again Apple gives itself every advantage while at the same time stifling innovation and hurting consumers,” Ek wrote in a lengthy Twitter thread.

Spotify CEO Daniel Ek joins Elon Musk in decrying Apple's App Store business practices

The chorus of anti-Apple venom gained another voice Wednesday.

Spotify CEO joins Elon Musk in calling out Apple for ‘shameless

Spotify CEO Daniel Ek renewed his attack on Apple on Wednesday through a series of tweets alleging the iPhone maker "gives itself every advantage while at the same time stifling innovation and hurting consumers".

Spotify CEO renews attack on Apple after Musk's salvo

Elon Musk's declaration of war on Apple in a series of tweets on Monday gives Spotify and Fortnite maker Epic Games a powerful ally in taking the tech giant to task over its 30% App Store fees.

Spotify, Epic Games get ally in Musk in fight against Apple fees

Spotify is expanding its newly launched audiobooks service outside the U.S., the company announced today. The service will now become available in other English-speaking markets, including the U.K., Ireland, Australia and New Zealand, allowing users to access Spotify's catalog of audiobook titles from the streaming app.

Spotify launches audiobooks to more English-speaking markets outside the U.S.

Spotify Technology SA (NYSE:SPOT) is down 4.5% to trade at $78.69 this afternoon, amid a broader market pullback.

Spotify Stock Could Come Dangerously Close to Record Low

Spotify today is expanding its video podcasting capabilities to creators in more than 180 markets worldwide, which means the functionality is now available in nearly all the markets where Spotify's podcast creation software, Anchor, is currently available.

Spotify's video podcast publishing tools expand to creators worldwide

Bumble

Alphabet

Typically, Google Play and Apple's App Store for iPhones take between 15% and 30% of digital sales inside apps through their billing platforms.

Google now allows Spotify and Bumble to bill U.S. users inside apps

Google today announced it's expanding its user choice billing pilot, which allows Android app developers to use other payment systems besides Google's own. The program will now become available to new markets, including the U.S., Brazil and South Africa, and Bumble will now join Spotify as one of the pilot testers.

Google Play to pilot third-party billing in new markets, including U.S.; Bumble joins Spotify as early tester

Spotify today announced it's revamping its Apple Watch experience.

Spotify revamps its Apple Watch app with larger artwork and new features, like direct downloads

A rough earnings report sent the streaming audio leader lower.

Here's Why Spotify Shares Dropped 9% in October

SoFi Technologies

Zoom Video

These businesses are much stronger than their stock prices currently suggest.

Nasdaq Bear Market: 3 Growth Stocks to Buy Now at Knocked-Down Prices

Microsoft

Tech stocks have been in favor for years now. But they are just as susceptible to a bad market as other securities, maybe more.

NASDAQ Roundup: Alphabet Earnings, Microsoft Earnings, Spotify Earnings, And More

American Tower

Amazon

Cogent Communications Holdings

DTE Energy

PayPal

Union Pacific

Visa

Watsco

Many toll roads of different shapes and sizes exist in our world today, and each of them have a toll booth. The major operators of these booths have enjoyed decades of prosperity and outsized returns, I investigate a few identified companies.

Own The Toll Booths

Cathie Wood has sold nearly all of her Spotify stock, but not everyone on Wall Street is bearish.

Cathie Wood Has Abandoned Spotify -- Should You Follow Her Lead?

The stock is selling at its lowest price-to-sales ratio since going public.

News for Spotify Stock (SPOT)