TTM
$20.33B
YoY change
+19.6%
5Y CAGR
+16.3%
Peak year (2025)
$20.00B
Cumulative revenue
$112.33B
Revenue history chart for Spotify (SPOT) from 2015 to 2025
Latest: $20.00B
Revenue growth chart for Spotify (SPOT) from 2015 to 2025
Latest: +19.6%
Revenue history table for Spotify (SPOT) from 2015 to 2025
| 2025 | $20.00B | +19.6% | +$3.28B | ||
| 2024 | $16.72B | +17.3% | +$2.46B | ||
| 2023 | $14.26B | +19.0% | +$2.27B | ||
| 2022 | $11.98B | +8.4% | +$930.87M | ||
| 2021 | $11.05B | +17.6% | +$1.66B | ||
| 2020 | $9.40B | +25.5% | +$1.91B | ||
| 2019 | $7.49B | +24.8% | +$1.49B | ||
| 2018 | $6.00B | +24.6% | +$1.18B | ||
| 2017 | $4.82B | +51.3% | +$1.63B | ||
| 2016 | $3.18B | +49.8% | +$1.06B | ||
| 2015 | $2.12B | — | — |
- 2025$20.00B+19.6%
- 2024$16.72B+17.3%
- 2023$14.26B+19.0%
- 2022$11.98B+8.4%
- 2021$11.05B+17.6%
- 2020$9.40B+25.5%
- 2019$7.49B+24.8%
- 2018$6.00B+24.6%
- 2017$4.82B+51.3%
- 2016$3.18B+49.8%
- 2015$2.12B—
Revenue values are taken from Spotify's reported income statements (interim 6-K and annual 20-F 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 Revenue at Spotify (SPOT)
According to Spotify's latest reported financial statements, the company's current revenue (TTM) is $20.33B. 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.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
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.
Spotify Revenue by Year
Spotify Revenue 2025: $20.00B
2025's revenue for Spotify came in at €17.19B ($20.00B), grew 9.7% from 2024. This figure represents the highest annual value in the available history.
Spotify Revenue 2024: $16.72B
Spotify posted revenue of €15.67B ($16.72B) in 2024, grew 18.3% from 2023.
Spotify Revenue 2023: $14.26B
In 2023, Spotify reported revenue of €13.25B ($14.26B), grew 13.0% from 2022.
Spotify Revenue 2022: $11.98B
Spotify revenue in 2022 was €11.73B ($11.98B), grew 21.3% from 2021.
Spotify Revenue 2021: $11.05B
Spotify revenue in 2021 was €9.67B ($11.05B).
See more financial history for Spotify (SPOT).
Sector peers by Revenue
Communication Services peers of Spotify (SPOT), ranked by their latest revenue
| $402.96B | |
| $200.97B | |
| $138.19B | |
| $125.65B | |
| $123.71B | |
| $94.42B | |
| $88.31B | |
| $45.18B |
- $402.96B
- $200.97B
- $138.19B
- $125.65B
- $123.71B
- $94.42B
- $88.31B
- $45.18B
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