Spotify Technology S.A. (SPOT) Net margin US GAAP (year values)
FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? 5 years average
Net margin, % ? -0.35% -3.67% -4.02% 7.26% 12.9%   15.5%  
Changes by years, y/y, % +7pp -3pp 0pp +11pp +6pp     +2%
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Spotify Technology S.A.. Net margin, %

Spotify Technology S.A.. Net margin, changes, pp

Spotify Technology S.A. (SPOT) Net margin US GAAP (quarter values)
FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2 FY2026Q2   LTM ?
Net margin, % ? 21.0% 25.9% 15.9% 11.4% 11.4%   15.5%
Changes by years, y/y, % +14pp +17pp +11pp +13pp +13pp    
Changes by quarters, q/q, % +23pp +5pp -10pp -4pp 0pp    

Spotify Technology S.A.. Net margin, %

Spotify Technology S.A.. Net margin, changes, pp

Spotify Technology S.A.. Net margin, changes, pp


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