Spotify Technology S.A. (SPOT) Financial Statements
Historical financial data — 5 statements covering FY2021–FY2025
Spotify is the leading global music streaming service, with over 750 million monthly active users and nearly 300 million paying subscribers, with the latter constituting the firm's premium segment....
Spotify Technology S.A.'s revenue increased 9.7% year over year, from $15.67B to $17.19B.
Net income increased 94.4% over the same period, from $1.14B to $2.21B.
Over the 4-year period from FY2021 to FY2025, revenue grew by 78% in total.
Total debt decreased by 5.5% to $1.89B.
The debt-to-equity ratio stands at 0.23, indicating a conservative leverage profile.
Spotify Technology S.A. maintains a healthy net profit margin of 12.9%.
Recent Financial Statements
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2021 | $9.67B | $-34.0M | $2.59B | $94.0M | N/A | $7.17B | $1.78B | $2.12B |
| FY2022 | $11.73B+21.3% | $-430.0M | $2.93B | $-659.0M | N/A | $7.64B | $1.68B | $2.40B |
| FY2023 | $13.25B+13.0% | $-532.0M | $3.40B | $-446.0M | N/A | $8.35B | $1.70B | $2.52B |
| FY2024 | $15.67B+18.3% | $1.14B | $4.72B | $1.36B | N/A | $12.01B | $2.00B | $5.53B |
| FY2025 | $17.19B+9.7% | $2.21B | $5.50B | $2.20B | N/A | $15.02B | $1.89B | $8.33B |
Balance Sheet Summary (Latest Period)
Total Assets
$15.02B
Total Liabilities
$6.69B
Total Equity
$8.33B
Cash & Equivalents
$9.47B
Total Debt
$1.89B
Current Assets
$10.50B
Current Liabilities
$6.08B
Retained Earnings
$-832.0M