Net Income for Spotify (SPOT)
According to Spotify's latest reported financial statements, the company's current net income (TTM) is $2.21B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
SPOT
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$2.21B
YoY change
+94.4%
5Y CAGR
N/A
Peak year (2025)
$2.21B
Cumulative net income
-$495.00M
Net Income history chart for Spotify (SPOT) from 2015 to 2025
Net Income history table for Spotify (SPOT) from 2015 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $2.21B | +94.4% | ||
| 2024 | $1.14B | -313.9% | ||
| 2023 | -$532.00M | +23.7% | ||
| 2022 | -$430.00M | +1164.7% | ||
| 2021 | -$34.00M | -94.1% | ||
| 2020 | -$581.00M | +212.4% | ||
| 2019 | -$186.00M | +138.5% | ||
| 2018 | -$78.00M | -93.7% | ||
| 2017 | -$1.24B | +129.1% | ||
| 2016 | -$539.00M | +134.3% | ||
| 2015 | -$230.00M | — |
Net Income values are taken from Spotify's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in EUR as filed.
Analysis
Spotify (SPOT) most recent annual net income stands at $2.21B (2025) – surged 94.4% year-over-year.
2025 marks the peak net income at $2.21B, with the historical low of -$1.24B recorded in 2017.
Spotify (SPOT) sits 9th of 8 Communication Services peers we track on this metric, against a peer median of $18.49B.
Spotify Net Income by Year
Spotify Net Income 2025: $2.21B
Spotify net income in 2025 was $2.21B, surged 94.4% from 2024. This figure represents the highest annual value in the available history.
Spotify Net Income 2024: $1.14B
Spotify net income in 2024 was $1.14B, plunged 313.9% below 2023.
Spotify Net Income 2023: -$532.00M
Spotify net income in 2023 was -$532.00M, grew 23.7% from 2022.
Spotify Net Income 2022: -$430.00M
Spotify net income in 2022 was -$430.00M, surged 1164.7% from 2021.
Spotify Net Income 2021: -$34.00M
Spotify net income in 2021 was -$34.00M.
See more financial history for Spotify (SPOT).
Sector peers — Net Income
Companies in the same sector as Spotify, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $132.17B | Communication Services |
| Meta Platforms, Inc. (META) | $60.46B | Communication Services |
| AT&T Inc. (T) | $21.89B | Communication Services |
| Comcast Corporation (CMCSA) | $19.80B | Communication Services |
| Verizon Communications Inc. (VZ) | $17.17B | Communication Services |
| The Walt Disney Company (DIS) | $12.40B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $10.99B | Communication Services |
| Netflix, Inc. (NFLX) | $10.98B | Communication Services |
Frequently asked questions
What is Spotify's net income?
- Latest reported net income for Spotify (SPOT) is $2.21B (period ending December 31, 2025).
How has Spotify net income changed year-over-year?
- Spotify (SPOT) net income changed +94.4% year-over-year on the latest annual filing.
When did Spotify net income hit its highest annual value?
- Spotify net income reached its highest annual value of $2.21B in 2025.
What was Spotify net income in 2024?
- Spotify (SPOT) net income in 2024 was $1.14B.
What was Spotify net income in 2025?
- Spotify (SPOT) net income in 2025 was $2.21B.
Metrics overview
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