Revenue for Spotify (SPOT)
According to Spotify's latest reported financial statements, the company's current revenue (TTM) is $17.19B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
SPOT
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$17.19B
YoY change
+9.7%
5Y CAGR
+16.9%
Peak year (2025)
$17.19B
Cumulative revenue
$96.39B
Revenue history chart for Spotify (SPOT) from 2015 to 2025
Revenue history table for Spotify (SPOT) from 2015 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $17.19B | +9.7% | ||
| 2024 | $15.67B | +18.3% | ||
| 2023 | $13.25B | +13.0% | ||
| 2022 | $11.73B | +21.3% | ||
| 2021 | $9.67B | +22.7% | ||
| 2020 | $7.88B | +16.5% | ||
| 2019 | $6.76B | +28.6% | ||
| 2018 | $5.26B | +28.6% | ||
| 2017 | $4.09B | +38.6% | ||
| 2016 | $2.95B | +52.2% | ||
| 2015 | $1.94B | — |
Revenue 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
The 2025 reading of Spotify (SPOT) revenue is $17.19B – grew 9.7% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Spotify revenue compounded at +16.9% per year, sustaining 10 straight years of year-over-year growth.
2025 marks the peak revenue at $17.19B, with the historical low of $1.94B recorded in 2015.
Among 8 Communication Services peers, Spotify (SPOT) ranks 9th; the peer median for revenue is $124.68B.
Spotify Revenue by Year
Spotify Revenue 2025: $17.19B
Spotify revenue in 2025 was $17.19B, grew 9.7% from 2024. This figure represents the highest annual value in the available history.
Spotify Revenue 2024: $15.67B
Spotify revenue in 2024 was $15.67B, grew 18.3% from 2023.
Spotify Revenue 2023: $13.25B
Spotify revenue in 2023 was $13.25B, grew 13.0% from 2022.
Spotify Revenue 2022: $11.73B
Spotify revenue in 2022 was $11.73B, grew 21.3% from 2021.
Spotify Revenue 2021: $9.67B
Spotify revenue in 2021 was $9.67B.
See more financial history for Spotify (SPOT).
Sector peers — Revenue
Companies in the same sector as Spotify, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $402.96B | Communication Services |
| Meta Platforms, Inc. (META) | $200.97B | Communication Services |
| Verizon Communications Inc. (VZ) | $138.19B | Communication Services |
| AT&T Inc. (T) | $125.65B | Communication Services |
| Comcast Corporation (CMCSA) | $123.71B | Communication Services |
| The Walt Disney Company (DIS) | $94.42B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $88.31B | Communication Services |
| Netflix, Inc. (NFLX) | $45.18B | Communication Services |
Frequently asked questions
What is Spotify's revenue?
- Latest reported revenue for Spotify (SPOT) is $17.19B (period ending December 31, 2025).
How has Spotify revenue changed year-over-year?
- Spotify (SPOT) revenue changed +9.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Spotify revenue?
- Spotify (SPOT) revenue compound annual growth rate is +16.9% over the most recent 5 years available.
When did Spotify revenue hit its highest annual value?
- Spotify revenue reached its highest annual value of $17.19B in 2025.
What was Spotify revenue in 2024?
- Spotify (SPOT) revenue in 2024 was $15.67B.
What was Spotify revenue in 2025?
- Spotify (SPOT) revenue in 2025 was $17.19B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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