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Spotify Technology S.A.

Music streaming and audioFounded 2006
Reviewed by Swet Parvadiya
|
Last reviewed: July 2026
OverviewHistory & FailuresBusiness ModelFinancialsCompetitive StrategyFoundersCEO HistoryAcquisitions

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Revenue and founders

FY2026Martin Lorentzon

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Companies/Spotify Technology S.A./Revenue/FY2026

Annual Revenue

Spotify Technology S.A. Revenue in 2026

FY2026 Revenue

$4.5B

▼ 73.6% vs FY2025 ($17.2B)

Source: Spotify Q1 2026 Shareholder Deck

Spotify Technology S.A. reported $4.5B in revenue for fiscal year 2026. This represents a decline of 73.6% compared to the 2025 figure of $17.2B.

Quarterly row: Q1 2026 revenue was EUR4.533B with EUR715M operating income.

Revenue by Year

FY2026

Spotify Technology S.A. Annual Revenue History

YearRevenueNet IncomeYoY Change
FY2026$4.5B—-73.6%
FY2025$17.2B$2.2B+9.7%
FY2024$15.7B$1.1B+18.3%
FY2023$13.2BN/A+13.0%
FY2022$11.7BN/A—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

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