TTM
$2.79B
YoY change
+75.7%
5Y CAGR
—
Peak year (2025)
$2.56B
Cumulative operating income
$2.25B
Operating Income history chart for Spotify (SPOT) from 2015 to 2025
Latest: $2.56B
Operating Income growth chart for Spotify (SPOT) from 2015 to 2025
Latest: +75.7%
Operating Income history table for Spotify (SPOT) from 2015 to 2025
| 2025 | $2.56B | +75.7% | +$1.10B | ||
| 2024 | $1.46B | -403.4% | +$1.94B | ||
| 2023 | −$480.04M | -28.7% | +$193.37M | ||
| 2022 | −$673.41M | -726.7% | −$780.88M | ||
| 2021 | $107.46M | -130.8% | +$456.84M | ||
| 2020 | −$349.38M | +332.3% | −$268.56M | ||
| 2019 | −$80.82M | +64.8% | −$31.78M | ||
| 2018 | −$49.05M | -89.0% | +$396.06M | ||
| 2017 | −$445.11M | +18.3% | −$68.81M | ||
| 2016 | −$376.30M | +46.2% | −$118.99M | ||
| 2015 | −$257.31M | — | — |
- 2025$2.56B+75.7%
- 2024$1.46B-403.4%
- 2023−$480.04M-28.7%
- 2022−$673.41M-726.7%
- 2021$107.46M-130.8%
- 2020−$349.38M+332.3%
- 2019−$80.82M+64.8%
- 2018−$49.05M-89.0%
- 2017−$445.11M+18.3%
- 2016−$376.30M+46.2%
- 2015−$257.31M—
Operating Income values are taken from Spotify's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts converted to USD using IAS 21 average exchange rates (P&L / cash flow) or closing rates (balance sheet). Originally filed in EUR.
About Operating Income at Spotify (SPOT)
According to Spotify's latest reported financial statements, the company's current operating income (TTM) is $2.79B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual operating income for Spotify (SPOT) came in at €2.20B – surged 61.0% year-over-year.
2025 marks the peak operating income at €2.20B, with the historical low of −€659.00M recorded in 2022.
Spotify Operating Income by Year
Spotify Operating Income 2025: $2.56B
Spotify operating income in 2025 was €2.20B ($2.56B), surged 61.0% from 2024. This figure represents the highest annual value in the available history.
Spotify Operating Income 2024: $1.46B
2024's operating income for Spotify came in at €1.36B ($1.46B), plunged 406.1% below 2023.
Spotify Operating Income 2023: −$480.04M
Spotify posted operating income of −€446.00M (−$480.04M) in 2023, plunged 32.3% below 2022.
Spotify Operating Income 2022: −$673.41M
In 2022, Spotify reported operating income of −€659.00M (−$673.41M), plunged 801.1% below 2021. This figure represents the lowest annual value in the available history.
Spotify Operating Income 2021: $107.46M
Spotify operating income in 2021 was €94.00M ($107.46M).
See more financial history for Spotify (SPOT).
Sector peers by Operating Income
Communication Services peers of Spotify (SPOT), ranked by their latest operating income
| $129.17B | |
| $83.28B | |
| $29.26B | |
| $24.16B | |
| $20.67B | |
| $18.74B | |
| $13.83B | |
| $13.33B |
- $129.17B
- $83.28B
- $29.26B
- $24.16B
- $20.67B
- $18.74B
- $13.83B
- $13.33B
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