Spotify Technology S.A.
Music streaming and audioFounded 2006- Updated June 2026
Reviewed by Swet Parvadiya
Last reviewed: June 2026
CorpDigest
Spotify Technology S.A.
Annual Revenue
Last reviewed: 2026-06-03 · By Swet Parvadiya
FY2020 Revenue
$7.9B
▲ 16.5% vs FY2019 ($6.8B)
Net Income: N/A
Source: Form 20-F
Spotify Technology S.A. reported $7.9B in revenue for fiscal year 2020. This represents a growth of 16.5% compared to the 2019 figure of $6.8B. In 2021, revenue increased to $9.7B.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $15.7B | $1.1B | +18.3% |
| FY2023 | $13.2B | N/A | +13.0% |
| FY2022 | $11.7B | N/A | +21.3% |
| FY2021 | $9.7B | N/A | +22.7% |
| FY2020 | $7.9B | N/A | +16.5% |
| FY2019 | $6.8B | N/A | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.