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

AppLovin Corp

DocuSign

Duolingo

We have narrowed our search to five technology services stocks that have a solid upside left in 2024. These stocks are: DOCU, DUOL, APP, SPOT, SPXC.

5 Top-Ranked Technology Services Stocks With More Room to Run

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Should You Invest in Spotify (SPOT) Based on Bullish Wall Street Views?

Netflix

T-Mobile US

Investors should be amazed at where consumer priorities lie regarding monthly payments. Besides ensuring the mortgage and car are paid, consumers will likely emphasize subscriptions.

Stocks With Subscription Based Revenue Offer Inflation Protection

Subscribers to Schaeffer's Weekend Trader options recommendation service received this SPOT commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.

Spotify Stock Chart Looks Great for Bulls

Alphabet

Vimeo

Here are four top-performing liquid stocks, Netflix (NFLX), Alphabet (GOOGL), Spotify (SPOT) and Vimeo (VMEO), which investors can add to their portfolio to augment returns.

4 Top-Performing Liquid Stocks to Boost Portfolio Returns

Nu Holdings

Palantir Technologies

The stock market has been on an amazing run. In particular, growth and technology stocks have surged over the past year.

3 Overhyped Stocks to Sell in May Before They Crash & Burn

QUALCOMM

Super Micro Computer

The technology sector is known for its rapid growth and disruptive innovation. This can create opportunities for investors to capitalize on 5X potential tech stocks.

3 Game-Changing Tech Stocks to Buy for 5X Gains by 2030

Pinterest

Roku

Forecasts for the U.S. ad market continue to become more optimistic, pushing advertising stocks to buy to new heights. What's more, the sector is expected to expand tremendously in 2024.

Ad Sector Superstars: 3 Stocks Poised to Thrive on Robust Marketing Trends

Spotify Q1 results set the stage for a strong 2024. Momentum in premium subscriptions is set to accelerate earnings.

Spotify Stock is Up 55% This Year, Can the Rally Keep Going?

Spotify's recent earnings report shows record operating profits and a shift towards profitability. The company is considering introducing a flexible tiered pricing system to monetize its large user base. Spotify's leadership team has a strong combination of vision, execution, and financial resources.

Spotify Turning The Corner On Profitability, A Cautious Buy

Spotify has a strong business model with recurring revenue, a low cost, scalable product, and a dominant market position. The demand for audio content is long-tail and global, which should power growing profits for SPOT well into the future. Despite competition from YouTube Music and risks around developed market saturation, Spotify's stock appears fairly valued.

Spotify: Bet On This 'Forever-Subscription' Company

Apple

Eaton

We've seen many positive quarterly prints so far into the Q1 earnings cycle, including record-breaking numbers from these three companies.

These 3 Companies Shattered Quarterly Records

Agnico Eagle Mines

Coinbase

Westinghouse Air Brake Technologies

We have narrowed our search to five large-cap stocks that have strong momentum for May. These are: GOOGL, COIN, WAB, SPOT, AEM.

Top 5 Momentum Stocks for May After a Disappointing April

Dow Inc

LendingTree

Analysts are keen to keep track of analyst upgrades and price revisions, notably JPMorgan price targets. Often, those upgrades and price revisions are influenced by 1) company fundamentals, such as financial health, future growth, and even meetings with management; 2) industry and market trends, including specific market conditions and economics; 3) earnings and financial data, including earnings reports that came in better than expected, or competitive analysis of a competitor, and guidance; 4) other times they may be piling into a stock based on the positivity of other firms.

JPMorgan Just Raised Its Price Target on These 3 Stocks

Following various reports citing frustrated posts from users on Reddit, Spotify is quietly confirming the change.

Spotify is quietly moves lyrics behind a paywall

AMC Entertainment

Advanced Micro Devices

Amazon

Chipotle

ConocoPhillips

Carvana

eBay

Etsy

VanEck Vectors Gold Miners ETF

GameStop

Intuitive Surgical

McDonald's

Moderna

Microsoft

NVIDIA

Starbucks

Snap

Stanley Black & Decker

Large-cap growth funds have been in the sweet spot for a few years now, thanks to megacap tech holdings.

Highly ranked manager who bet on Mag 7 giants looks to these second-order winners from AI

DraftKings

Shopify

Shopify's revenue and free cash flow per share are surging, as the company bounces back from its post-pandemic swoon. Sports betting is now legal in 38 U.S. states.

3 Amazing Internet Stocks That Could Help Set You Up for Life

Automatic Data Processing

Growth stocks can be the adrenaline that your portfolio needs. These companies prioritize rapid expansion, reinvesting profits back into the business to fuel long-term growth.

Cream of the Crop: 3 Monster Growth Stocks Set to Surge 400% by 2032

Colgate-Palmolive

The first-quarter earnings train is running at full steam now with company results coming at us fast and furiously. FactSet reports that with 46% of companies listed on the benchmark S&P 500 index having reported financial results, 77% have beaten expectations for their earnings, while 60% have announced better-than-expected revenue.

Ride the Q1 Earnings Wave: 3 Stocks to Buy for Post-Report Riches

News for Spotify Stock (SPOT)