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 has settled a multiyear deal with podcast host and comedian Joe Rogan, allowing his show to be available on other platforms.

Spotify renews deal with podcaster Joe Rogan, will put show on other platforms

Joe Rogan and Spotify are entering a new deal for his podcast, “The Joe Rogan Experience,” worth up to $250 million, according to the Wall Street Journal, an agreement that will allow the show on other platforms after its exclusive four-year run on Spotify.

Joe Rogan Inks New Spotify Deal Worth Up To $250 Million, Report Says

Spotify has renewed its deal with Joe Rogan, the biggest star in podcasting. The deal could be worth a reported $250 million.

Spotify needed Joe Rogan. And Joe Rogan needed Spotify.

Spotify has locked Joe Rogan into another “multiyear” contract worth as much as $250 million, per The Wall Street Journal, though the audio giant will no longer be the sole distributor of his popular podcast.

Joe Rogan's new ‘multiyear' Spotify deal worth as much as $250M: report

Spotify Technology SA announced a new multi-year deal with comedian and podcaster Joe Rogan on Friday, in a bid to tap into the popularity of his show to drive its advertising revenue.

Spotify signs new deal with popular US podcaster Joe Rogan

Controversies and PR headaches weren't enough to dissuade Spotify from re-upping its agreement with podcaster Joe Rogan, whose show over the past couple of years drove divisions among music fans and artists alike and even prompted some big names, like Neil Young, to pull their catalogs from the streaming service.

Spotify's podcast exclusive days are over as Joe Rogan's show expands to other platforms

Audio-streaming platform Spotify Technology on Friday announced a new multi-year partnership with Joe Rogan that would broaden distribution of his podcast “The Joe Rogan Experience” to platforms like Apple, Amazon and YouTube.

Joe Rogan's podcast is coming to Apple, Amazon and YouTube under new deal with Spotify

Netflix

New York Times

The media landscape is changing dramatically. Cable television and movie theaters continue to lose ground to audio and video streaming, while newspapers and radio struggle to keep up with podcasts, digital newsletters and text alerts.

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Rogan's hit show is set to be distributed broadly, including on YouTube, rather than exclusively on Spotify.

Joe Rogan Gets New Spotify Deal Worth Up to $250 Million

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Spotify (SPOT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

Countdown to Spotify (SPOT) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS

Despite suffering an 80% drop that only bottomed out a year ago, shares of Spotify Technology S.A. NYSE: SPOT have been undergoing something of a resurgence in the twelve months since.

Spotify stock's 200% rally just had fresh fuel added

Spotify Technology SA (NYSE:SPOT) shares still lots of "room to run", said UBS as it upgraded its rating on the music streaming giant on the back of an expected break-even performance in the second half of 2023. Ahead of earnings from the company on February 6, Spotify's continued focus on improving efficiency is leading to growing confidence from the analysts about management's ability to expand profit margins and improve its overall financial performance.

Spotify upgraded ahead of expected break-even and years of growth

The audio streaming service's stock has shot up 17% so far this year.

Spotify Stock Is on a Tear. Why It Could Climb Higher.

Booking Hlds

Adamas One Corp

The positive future of the U.S. economy is highlighted by its robust 3.1% GDP growth, which was the strongest among major advanced economies last year. The Fed's confidence in maintaining benchmark interest rates at a 23-year high reflects a healthy economy with strong employment data.

Market Disruptors: 3 Stocks Changing the Game in Their Industries

Spotify (NYSE: SPOT ) stock is up on Tuesday after the streaming company's shares got an upgrade from UBS analyst Batya Levi. That upgrade has the UBS analysts boosting SPOT stock up from a “neutral” rating to a “buy” rating.

Spotify (SPOT) Stock Pops on UBS Upgrade

UBS upgraded shares of music streaming platform  Spotify Technology SA (NYSE:SPOT) to "buy" from "neutral" and hiked its price target from $170 to $274 -- a more than 25% premium to last night's close of $218.61.

Analyst Has "Increased Conviction" On Spotify Stock

Apple

Spotify said on Friday that Apple's new plan to comply with the European Union's Digital Markets Act (DMA) is "a complete and total farce."

Spotify says Apple's plan to comply with EU regulation 'farce'

Shopify

Trade Desk

Wayfair

Baillie Gifford is a Scottish asset management firm founded in 1908. Today, the firm manages $126 billion in 13F assets under management with a focus on investing in growth stocks for the long term.

5 Stocks That Legendary Firm Baillie Gifford Just Bought and Sold

Spotify will launch in-app shopping on iPhones in the European Union (EU) on March 7.  This new offering is enabled by the rollout of the EU's Digital Markets Act (DMA), which prohibits the restrictions and 30% fees that Apple currently places on apps offering through its App Store, Spotify said in a Wednesday (Jan. 24) blog post.

Spotify to Launch In-App Shopping in EU, Enabled by DMA Rollout

Spotify (NYSE: SPOT ) stock is getting a boost on Wednesday as it prepares to add in-app purchases to its list of services for customers. This comes as the European Union ( EU ) prepares to put into effect its Digital Markets Act (DMA) law in March.

SPOT Stock Jumps as Spotify Starts In-App Purchases

Music streamer Spotify will begin offering in-app purchases on Apple iPhones in Europe starting March 7 thanks to a new EU competition law.

Spotify Stock Rises As Music Streamer Benefits From EU Competition Law

Spotify users in Europe from March will be able to buy audiobooks and subscription plans from within the music-streaming app as a result of the region's new competition law for Big Tech, the Swedish company said on Wednesday.

Spotify to start in-app purchases on iPhone in Europe after DMA takes effect

Apple hasn't yet revealed how it will change its software and policies to comply with the new EU law.

Spotify to begin in-app sales on iPhone in Europe after new EU law requires Apple to allow it

DraftKings

Duolingo

GitLab

SoFi Technologies

Last week, I wrote how 2024 would be all about earnings. Corporate fortunes are diverging, interest rates are stabilizing, and 2024 is shaping up to be a year when company performance matters more than big-picture macroeconomic stories.

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As fellow industry pioneers Nvidia, Meta and Uber earns spots on IBD Leaderboard, Spotfify stock tunes up a new breakout move.

News for Spotify Stock (SPOT)