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SPOT

Spotify Technology·NYSE
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SPOT fundamentals

Spotify Technology (SPOT) released its earnings on Nov 4, 2025: revenue was 5.01B (YoY +12.79%), beat estimates; EPS was 3.85 (YoY +131.84%), beat estimates.
Revenue / YoY
5.01B
+12.79%
EPS / YoY
3.85
+131.84%
Report date
Nov 4, 2025
SPOT Earnings Call Summary for Q3,2025
  • User Growth Milestone: 700M+ MAU and 281M subscribers, +17M MAU and +5M subs Q3.
  • Revenue Beat: €4.3B (+12% YoY), 31.6% gross margin, €806M free cash flow.
  • Multi-Format Success: 54% video podcast growth, 36% audiobook listening hours growth.
  • AI Innovation: ChatGPT integration, 200M in-app messages, Lossless audio launch.
  • Leadership Transition: Daniel Ek steps down as CEO; Alex & Gustav to co-lead with 1B sub goal.
  • Ad Business Reset: 2025 as transition year, 2026+ growth driven by programmatic ad expansion.
EPS
Revenue

Revenue & Expenses

SPOT has released its 2025 Q3 earnings report, with revenue of 5.01B, reflecting a YoY change of 12.79%, and net profit of 1.05B, showing a YoY change of 215.53%. The Sankey diagram below clearly presents SPOT's revenue sources and cost distribution.

Key Indicators

Spotify Technology (SPOT) key financial stats and ratios, covering profitability, financial health, and leverage.
Spotify Technology (SPOT)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Spotify Technology (SPOT)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Spotify Technology (SPOT)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Spotify Technology (SPOT) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Spotify Technology (SPOT) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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Dividend Yield