Latest headcount
7,287
YoY change
-5.3%
Headcount CAGR
+10.4%
Revenue / employee
$2.75M
Employee count history for Spotify
| Fiscal year | Employees |
|---|---|
| 2018 | 3,651 |
| 2019 | 4,405 |
| 2020 | 5,584 |
| 2021 | 6,617 |
| 2022 | 8,359 |
| 2023 | 9,123 |
| 2024 | 7,691 |
| 2025 | 7,287 |
Revenue per employee for Spotify
Annual revenue divided by reported headcount, normalized to US dollars.
| Fiscal year | Revenue per employee (USD) |
|---|---|
| 2018 | $1.64M |
| 2019 | $1.7M |
| 2020 | $1.68M |
| 2021 | $1.67M |
| 2022 | $1.43M |
| 2023 | $1.56M |
| 2024 | $2.17M |
| 2025 | $2.75M |
Earnings per employee for Spotify
Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.
| Fiscal year | Earnings per employee (USD) |
|---|---|
| 2018 | -$24.4K |
| 2019 | -$46.8K |
| 2020 | -$124K |
| 2021 | -$5.87K |
| 2022 | -$52.6K |
| 2023 | -$62.8K |
| 2024 | $158K |
| 2025 | $353K |
Employee count history for Spotify (SPOT)
Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.
- 20257,287-5.3%
- 20247,691-15.7%
- 20239,123+9.1%
- 20228,359+26.3%
- 20216,617+18.5%
- 20205,584+26.8%
- 20194,405+20.7%
- 20183,651—
About Spotify's employee count
Spotify (SPOT) employed 7,287 people in fiscal year 2025, based on its most recent annual report. That headcount shrank by -404 (-5.3%) from 7,691 a year earlier.
Across the 2018–2025 period, the company's reported workforce went from 3,651 to 7,287 employees — a compound annual growth rate (CAGR) of +10.4% per year.
Spotify generated about $2.75M of revenue and $353K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.
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How this company returns cash to shareholders — buybacks, dividends, and stock splits.