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

Spotify (NYSE: SPOT ) layoffs are in the news as the music streaming company plans to cut 17% of its workforce as part of organizational changes. According to a letter from Spotify CEO Daniel Ek, the layoffs come after the streaming company expanded its team in 2020 and 2021 to take advantage of lower-cost capital.

Spotify Layoffs 2023: What to Know About the Latest SPOT Job Cuts

The music streaming service hopes the cuts, which amount to about 1,500 people, will help it become profitable.

Spotify Axes 17% Of Workforce In Third Round Of Layoffs This Year

Spotify says it's axing 17% of its global workforce, the music streaming service's third round of layoffs this year as it moves to slash costs while focusing on becoming profitable.

Spotify axes 17% of workforce in third round of layoffs this year

Spotify reported a $70 million profit last quarter.

Spotify Shares Surge In Premarket After CEO Says Firm Is Cutting 1,500 Jobs

Spotify is laying off 17% of its workforce of roughly 9,000, its CEO Daniel Ek said Monday, marking the third round of job cuts at the music streaming giant this year.

Spotify to lay off 17% of its workforce in third round of job cuts this year

Spotify Technology SA (NYSE: SPOT) has decided to cut its global headcount by 17%. Its shares are trading slightly up in pre-market on Monday.

Spotify to lower its global headcount by 17%

Spotify, the music streaming giant that has seen growth over the past two years, announced its third layoff in 2023, roughly 17% of its workforce.

Spotify to cut 17% of its workforce in 3rd layoff this year despite Taylor Swift's success on the platform

The music streaming giant is ending the year the same way it began it: with staff reductions. Music streaming giant Spotify began 2023 announcing layoffs and it is ending the year in the same way.

Spotify ends 2023 with more mass layoffs as CEO Daniel Ek announces 3rd round of job cuts

Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. “The Spotify of tomorrow must be defined by being relentlessly resourceful in the ways we operate, innovate, and tackle problems,” Daniel Ek, the company's CEO, said in a message to employees Monday (Dec. 4).

Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big'

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Uber, Coinbase, Spotify, and More Market Movers

The cuts are equivalent to about 1,500 jobs and is the third round of layoffs this year.

Spotify Lays Off Even More Staff. Why It's Being Cautious.

Popular music-streaming app Spotify will cut almost a fifth of its workforce despite turning a profit of €65m (£55.7m), according to its latest figures.

Spotify to cut nearly 20% of its workforce despite £55m profit

Spotify is reducing about 17% of its headcount – around 1500 employees.  CEO Daniel Ek told employees in a memo they would get an email from HR in two hours.

Read the full memo Spotify CEO sent employees announcing it would cut 17% of its staff: 'Being lean is not just an option but a necessity'

Spotify Technologies SA is set to reduce its workforce by 17%, affecting around 1,600 positions globally as it bids to increase efficiency amid a slowdown in growth.  Currently employing 9,300 worldwide, the streaming giant has a workforce of 881 people here in the UK.

Spotify to lay off 1,600 people as streaming giant looks to cut further costs

Music streaming service axes 17% of workforce in latest round of redundancies at big tech companies

Spotify cuts almost 1,600 jobs amid rising costs

Music streaming service Spotify will cut about 17% of its global workforce, becoming the latest big tech company feel the bite of the economy. The figure represents around 1,500 of the Sweden-based streamer's 9,000 staff, as is the result of economic growth slowing “dramatically,” according to Spotify CEO Daniel Ek.

Music Streamer Spotify To Cut Workforce By 17%

Music streaming service Spotify is laying off 17% of its workforce, CEO Daniel Ek said Monday.

Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff

Spotify Technology SA on Monday said it plans to reduce head count by 17%, which would mark the third time the audio streaming group has announced layoffs cuts this year.

Spotify announces third and largest round of layoffs

Spotify is eliminating about 17% jobs, its third round of layoffs, as the music streaming looks to become “both productive and efficient.” In a note to employees Monday, Spotify founder and chief executive Daniel Ek said the right-sizing of the workforce is crucial for the company to face the “challenges ahead.

Spotify cuts 17% jobs amid rising capital costs

Citi sees risks to the consensus view that paid gross subscriber adds will continue to accelerate.

Why It Might Be Time to Take Profits on Spotify

Spotify Technology SA (NYSE:SPOT) could suffer from overblown expectations, according to analysts at Citi, who have raised doubts about the music streaming business's ability to sustain growth.  Analysts at the bank downgraded the company's stock from ‘buy' to ‘neutral' on Friday, meaning they no longer recommend buying the company's stock.

Spotify valuations at risk of 'air pocket', says Citi

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The music industry is enjoying a financial comeback thanks to the rise of audio streaming. Airbnb's stock is becoming cheaper -- even though shares are up 50% year to date.

2 Growth Stocks to Invest $2,500 in Right Now

FuboTV

Netflix

Streaming has grown exponentially during the COVID-19 pandemic. The consequential shift in consumer behavior made traditional media companies rethink strategy.

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Roku

Streaming companies are desirable to most investors because they continue to outpace other forms of entertainment, including cable and radio. There has been consistent growth within these streaming companies, with more and more users looking to take advantage of what they offer in terms of content and convenience from on-demand programming and audio streaming.

3 Top-Rated Streaming Stocks That Analysts Are Loving Now

Apple

Tencent Music Entertainment Group 

These music streaming stocks should be on your watchlist. What I like about these companies is that their valuations are fair, and many of them have great future prospects.

News for Spotify Stock (SPOT)