Spotify Technology S.A. Financial Summary

Complete Filing Data

Spotify Technology S.A. reported Cash And Cash Equivalents of $5.26 billion for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Spotify Technology S.A. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Sales And Marketing Expense$1.43B$1.39B$1.53B$1.57B$1.14B$1.03B$826.0M$620.0M$567.0M$368.0M
Research And Development Expense$1.39B$1.49B$1.73B$1.39B$912.0M$837.0M$615.0M$493.0M$396.0M$207.0M
Profit Loss From Operating Activities$2.20B$1.37B-$446.0M-$659.0M$94.0M-$293.0M-$73.0M-$43.0M-$378.0M-$349.0M
Profit Loss Before Tax$2.22B$1.34B-$505.0M-$370.0M$249.0M-$709.0M-$131.0M-$173.0M-$1.23B-$535.0M
Profit Loss Attributable To Owners Of Parent$2.21B$1.14B-$532.0M-$430.0M-$34.0M-$581.0M-$186.0M-$78.0M-$1.24B-$539.0M
Profit Loss$2.21B$1.14B-$532.0M-$430.0M-$34.0M-$581.0M-$186.0M-$78.0M-$1.24B-$539.0M
Other Comprehensive Income Net Of Tax Gains Losses From Investments In Equity Instruments$443.0M$329.0M$60.0M$190.0M-$981.0M$615.0M-$117.0M$572.0M-$11.0M$0.00
Other Comprehensive Income Net Of Tax Exchange Differences On Translation-$219.0M$87.0M-$37.0M$83.0M$71.0M-$43.0M$4.0M-$8.0M-$3.0M-$12.0M
Other Comprehensive Income Net Of Tax Cash Flow Hedges$3.0M-$2.0M-$13.0M$14.0M-$1.0M$1.0M-$3.0M-$1.0M$0.00$0.00
Other Comprehensive Income$235.0M$405.0M$14.0M$275.0M-$919.0M$577.0M-$111.0M$564.0M-$15.0M-$16.0M
Other Adjustments To Reconcile Profit Loss$10.0M$2.0M$1.0M$7.0M$6.0M$7.0M$13.0M$8.0M-$4.0M$58.0M
Income Taxes Paid Refund Classified As Operating Activities$86.0M$53.0M$43.0M$43.0M$6.0M$8.0M$4.0M$9.0M$2.0M$4.0M
Income Tax Expense Continuing Operations$12.0M$203.0M$27.0M$60.0M$283.0M-$128.0M$55.0M-$95.0M$2.0M$4.0M
Gross Profit$5.50B$4.72B$3.40B$2.93B$2.59B$2.02B$1.72B$1.35B$849.0M$401.0M
General And Administrative Expense$479.0M$481.0M$585.0M$626.0M$450.0M$442.0M$354.0M$283.0M$264.0M$175.0M
Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net Of Tax$8.0M-$3.0M$14.0M-$15.0M-$8.0M$4.0M$5.0M$1.0M-$1.0M-$4.0M
Cost Of Sales$11.69B$10.95B$9.85B$8.80B$7.08B$5.87B$5.04B$3.91B$3.24B$2.55B
Comprehensive Income$2.45B$1.54B-$518.0M-$155.0M-$953.0M-$4.0M-$297.0M$486.0M-$1.25B-$555.0M
Adjustments For Income Tax Expense$12.0M$203.0M$27.0M$60.0M$283.0M-$128.0M$55.0M-$95.0M$2.0M$4.0M

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Cash And Cash Equivalents$5.26B$4.78B$3.11B$2.48B$2.74B$1.15B$1.07B$891.0M$477.0M$755.0M$597.0M
Equity Attributable To Owners Of Parent$8.33B$5.53B$2.52B$2.40B$2.12B$2.81B$2.04B$2.09B$238.0M-$240.0M$229.0M
Purchase Of Property Plant And Equipment Classified As Investing Activities$61.0M$17.0M$6.0M$25.0M$85.0M$78.0M$135.0M$125.0M$36.0M$27.0M
Other Inflows Outflows Of Cash Classified As Investing Activities-$5.0M-$8.0M$3.0M-$3.0M-$10.0M-$27.0M-$16.0M-$35.0M-$10.0M-$11.0M
Other Cash Receipts From Sales Of Equity Or Debt Instruments Of Other Entities Classified As Investing Activities$17.55B$5.80B$1.38B$368.0M$375.0M$1.42B$1.16B$1.23B$1.08B$609.0M
Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities$19.27B$7.28B$1.59B$457.0M$497.0M$1.35B$901.0M$1.07B$1.39B$1.40B
Cash Flows From Used In Operating Activities$2.93B$2.30B$680.0M$46.0M$361.0M$259.0M$573.0M$344.0M$179.0M$101.0M
Cash Flows From Used In Investing Activities-$1.79B-$1.49B-$217.0M-$423.0M-$187.0M-$372.0M-$218.0M-$22.0M-$435.0M-$827.0M
Cash Flows From Used In Financing Activities-$381.0M$729.0M$234.0M-$40.0M$1.25B$285.0M-$203.0M$92.0M$34.0M$916.0M
Cash Flows From Used In Decrease Increase In Restricted Cash And Cash Equivalents$2.0M$1.0M$4.0M$0.00$1.0M$2.0M$2.0M-$10.0M-$34.0M-$1.0M
Adjustments For Increase Decrease In Trade And Other Payables$281.0M$183.0M$501.0M$226.0M$137.0M$425.0M$454.0M$291.0M$447.0M$245.0M
Adjustments For Decrease Increase In Trade And Other Receivables-$115.0M$145.0M-$145.0M-$84.0M-$245.0M-$187.0M-$27.0M-$61.0M-$112.0M-$60.0M
Purchases Of Property And Equipment In Trade And Other Payables$2.0M$6.0M$5.0M$13.0M$16.0M$14.0M$23.0M$5.0M$1.0M
Lease Right Of Use Assets Obtained In Exchange For Lease Liabilities$85.0M$25.0M$22.0M$20.0M$23.0M$29.0M$136.0M$0.00$0.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities$9.0M$0.00$0.00$295.0M$103.0M$336.0M$331.0M$9.0M$49.0M
Interest Paid On Lease Liabilities$36.0M$38.0M$53.0M-$50.0M-$55.0M-$37.0M$0.00$0.00
Trade And Other Current Receivables$802.0M$771.0M$858.0M$690.0M$621.0M$464.0M$402.0M$400.0M$360.0M
Trade And Other Current Payables$1.19B$1.34B$978.0M$845.0M$793.0M$638.0M$549.0M$427.0M$341.0M
Retained Earnings-$832.0M-$3.04B-$4.18B-$3.65B-$3.22B-$3.29B-$2.71B-$2.51B-$2.43B
Property Plant And Equipment$188.0M$188.0M$247.0M$348.0M$372.0M$313.0M$291.0M$197.0M$73.0M
Other Current Assets$111.0M$132.0M$168.0M$307.0M$246.0M$151.0M$68.0M$38.0M$29.0M
Noncurrent Liabilities$601.0M$2.03B$1.73B$1.72B$1.83B$621.0M$646.0M$93.0M$1.01B
Noncurrent Assets$4.52B$3.63B$3.09B$3.28B$2.80B$3.96B$2.89B$2.09B$1.21B
Non Current Restricted Cash And Other Non Current Assets$61.0M$68.0M$75.0M$78.0M$77.0M$78.0M$69.0M$65.0M$54.0M
Liabilities$6.69B$6.48B$5.82B$5.24B$5.05B$3.52B$3.09B$2.24B$2.87B
Equity And Liabilities$15.02B$12.01B$8.35B$7.64B$7.17B$6.33B$5.12B$4.34B$3.11B
Deferred Tax Assets$662.0M$186.0M$28.0M$8.0M$13.0M$15.0M$9.0M$8.0M$9.0M
Current Tax Liabilities Current$72.0M$33.0M$12.0M$11.0M$23.0M$9.0M$9.0M$7.0M$9.0M
Current Tax Assets Current$116.0M$28.0M$20.0M$5.0M$5.0M$4.0M$4.0M$2.0M$0.00

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Proceeds From Exercise Of Options$372.0M$933.0M$366.0M$43.0M$167.0M$319.0M$154.0M$163.0M$29.0M$33.0M
Payments To Acquire Or Redeem Entitys Shares439.0M0.000.002.0M89.0M0.00438.0M72.0M0.000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents-$290.0M$123.0M-$66.0M$156.0M$169.0M-$86.0M$22.0M$0.00-$56.0M-$32.0M
Proceeds From Lease Incentives$0.00$0.00$2.0M$2.0M$7.0M$20.0M$15.0M$0.00$0.00
Payments Of Lease Liabilities Classified As Financing Activities$73.0M$69.0M$66.0M$43.0M$35.0M$24.0M$17.0M$0.00$0.00
Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes$767.0M$1.54B$697.0M-$417.0M$1.42B$172.0M$152.0M$414.0M-$222.0M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Weighted Average Shares205.4M200.6M194.7M192.9M191.3M187.6M181.0M177.2M151.7M148.4M
Diluted Earnings Loss Per Share$10.51$5.50$-2.73$-2.93$-1.03$-3.10$-1.03$-0.51$-8.14$-3.63
Basic Earnings Loss Per Share$10.77$5.67$-2.73$-2.23$-0.18$-3.10$-1.03$-0.44$-8.14$-3.63
Adjusted Weighted Average Shares210.5M207.0M194.7M195.8M193.9M187.6M181.0M181.2M151.7M148.4M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Restricted Stock Units Withheld For Employee Taxes$241.0M$137.0M$71.0M$40.0M$54.0M$29.0M$6.0M$2.0M$0.00$0.00
Other Reserves$3.37B$2.71B$1.81B$1.52B$853.0M$1.69B$924.0M$875.0M$177.0M$122.0M
Operating Expense$3.30B$3.36B$3.84B$3.59B$2.50B$2.31B$1.80B$1.40B$1.23B$750.0M
Interest Received Classified As Operating Activities$242.0M$216.0M$111.0M$37.0M$3.0M$4.0M$14.0M$18.0M$19.0M$5.0M
Increase Decrease Through Sharebased Payment Transactions$248.0M$268.0M$322.0M$385.0M$222.0M$181.0M$127.0M$88.0M$67.0M$53.0M
Increase Decrease Through Exercise Of Stock Options And Restricted Stock Units$372.0M$933.0M$366.0M$43.0M$167.0M$319.0M$154.0M$163.0M$29.0M$33.0M
Finance Income Cost$26.0M-$24.0M-$59.0M$289.0M$155.0M-$416.0M-$58.0M-$130.0M-$855.0M-$186.0M
Finance Income$292.0M$328.0M$161.0M$421.0M$246.0M$94.0M$275.0M$455.0M$118.0M$152.0M
Finance Costs$266.0M$352.0M$220.0M$132.0M$91.0M$510.0M$333.0M$584.0M$974.0M$336.0M
Decrease Increase Through Tax On Sharebased Payment Transactions-$417.0M-$359.0M-$23.0M-$51.0M-$21.0M-$34.0M-$26.0M-$48.0M-$3.0M$0.00
Adjustments For Sharebased Payments$247.0M$267.0M$321.0M$381.0M$223.0M$176.0M$122.0M$88.0M$65.0M$53.0M
Adjustments For Increase Decrease In Provisions$22.0M$3.0M-$5.0M-$3.0M$5.0M$6.0M-$35.0M-$17.0M$8.0M$38.0M
Adjustments For Finance Income$292.0M$328.0M$161.0M$421.0M$246.0M$94.0M$275.0M$455.0M$118.0M$152.0M
Adjustments For Finance Costs$266.0M$352.0M$220.0M$132.0M$91.0M$510.0M$333.0M$584.0M$974.0M$336.0M
Adjustments For Depreciation Expense$79.0M$85.0M$110.0M$118.0M$94.0M$86.0M$71.0M$21.0M$46.0M$32.0M
Adjustments For Amortisation Expense$23.0M$36.0M$48.0M$53.0M$33.0M$25.0M$16.0M$11.0M$8.0M$6.0M
Increase Decrease Through Repurchases Of Ordinary Shares2.8M6.0M4.5M1.2M2.5M5.0M3.7M6.4M0.000.00
Purchase Of Treasury Shares439.0M2.0M89.0M0.00433.0M77.0M
Treasury Shares701.0M262.0M262.0M262.0M260.0M175.0M370.0M77.0M0.00
Noncurrent Provisions$3.0M$3.0M$3.0M$3.0M$7.0M$2.0M$2.0M$6.0M$6.0M
Issued Capital$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Most recent annual filing with the SEC: February 10, 2026

Data sourced from SEC EDGAR public filings as of August 6, 2026.