Spotify (SPOT) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -13.8% | +2.9% | -5.8% | -7.9% | +11.5% | -3.2% | — | — | — | — | — | — |
| 2025 | +22.6% | +10.8% | -9.5% | +11.6% | +8.3% | +15.4% | -18.3% | +8.8% | +2.4% | -6.1% | -8.6% | -3.0% |
| 2024 | +14.6% | +19.1% | +2.9% | +6.3% | +5.8% | +5.7% | +9.6% | -0.3% | +7.5% | +4.5% | +23.9% | -6.2% |
| 2023 | +42.8% | +3.2% | +14.9% | -0.0% | +11.5% | +7.8% | -6.9% | +3.1% | +0.4% | +6.5% | +12.4% | +1.5% |
| 2022 | -16.1% | -20.4% | -3.3% | -32.7% | +10.9% | -16.8% | +20.5% | -4.3% | -20.2% | -6.6% | -1.4% | -0.6% |
| 2021 | +0.1% | -2.4% | -12.8% | -5.9% | -4.2% | +14.1% | -17.0% | +2.5% | -3.8% | +28.4% | -17.6% | -1.9% |
| 2020 | -5.5% | -3.0% | -11.4% | +24.8% | +19.4% | +42.7% | -0.1% | +9.4% | -14.0% | -1.1% | +21.5% | +8.0% |
| 2019 | +19.3% | +3.5% | -1.0% | -2.2% | -7.5% | +16.4% | +6.0% | -12.9% | -15.5% | +26.6% | -1.2% | +4.9% |
| 2018 | — | — | — | — | -2.4% | +6.7% | +8.7% | +3.7% | -4.6% | -17.2% | -8.9% | -16.8% |
| Avg | +8.0% | +1.7% | -3.3% | -0.8% | +5.9% | +11.5% | +0.3% | +1.2% | -6.0% | +4.4% | +2.5% | -1.8% |
| Median | +7.4% | +3.0% | -4.6% | -1.1% | +8.3% | +11.0% | +2.9% | +2.8% | -4.2% | +1.7% | -1.3% | -1.2% |
| Last 5Y Avg | +10.0% | +3.1% | -0.2% | -4.5% | +9.6% | +5.2% | -2.5% | +1.9% | -2.8% | +5.3% | +1.7% | -2.0% |
| Std Dev (σ) | 20.4% | 11.5% | 9.1% | 16.7% | 8.8% | 16.4% | 13.6% | 7.3% | 9.7% | 16.1% | 15.1% | 7.5% |
| Consistency (μ/σ) | 0.39 | 0.15 | -0.36 | -0.04 | 0.67 | 0.70 | 0.02 | 0.17 | -0.62 | 0.27 | 0.16 | -0.23 |
| Win Rate (%) | 63% | 63% | 25% | 38% | 67% | 88% | 50% | 63% | 38% | 50% | 38% | 38% |
| Winning / Losing Months | ▲5▼3 | ▲5▼3 | ▲2▼6 | ▲3▼5 | ▲6▼3 | ▲7▼1 | ▲4▼4 | ▲5▼3 | ▲3▼5 | ▲4▼4 | ▲3▼5 | ▲3▼5 |
| Longest Win / Loss Streak | ▲3▼1 | ▲4▼3 | ▲2▼4 | ▲2▼3 | ▲5▼2 | ▲4▼1 | ▲2▼2 | ▲2▼1 | ▲3▼5 | ▲2▼1 | ▲2▼2 | ▲2▼2 |
| Best | +42.8%in January 2023 | +19.1%in February 2024 | +14.9%in March 2023 | +24.8%in April 2020 | +19.4%in May 2020 | +42.7%in June 2020 | +20.5%in July 2022 | +9.4%in August 2020 | +7.5%in September 2024 | +28.4%in October 2021 | +23.9%in November 2024 | +8.0%in December 2020 |
| Worst | -16.1%in January 2022 | -20.4%in February 2022 | -12.8%in March 2021 | -32.7%in April 2022 | -7.5%in May 2019 | -16.8%in June 2022 | -18.3%in July 2025 | -12.9%in August 2019 | -20.2%in September 2022 | -17.2%in October 2018 | -17.6%in November 2021 | -16.8%in December 2018 |
−32.7%+42.8%
2026
Jan-13.8%
Feb+2.9%
Mar-5.8%
Apr-7.9%
May+11.5%
Jun-3.2%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+22.6%
Feb+10.8%
Mar-9.5%
Apr+11.6%
May+8.3%
Jun+15.4%
Jul-18.3%
Aug+8.8%
Sep+2.4%
Oct-6.1%
Nov-8.6%
Dec-3.0%
2024
Jan+14.6%
Feb+19.1%
Mar+2.9%
Apr+6.3%
May+5.8%
Jun+5.7%
Jul+9.6%
Aug-0.3%
Sep+7.5%
Oct+4.5%
Nov+23.9%
Dec-6.2%
2023
Jan+42.8%
Feb+3.2%
Mar+14.9%
Apr-0.0%
May+11.5%
Jun+7.8%
Jul-6.9%
Aug+3.1%
Sep+0.4%
Oct+6.5%
Nov+12.4%
Dec+1.5%
2022
Jan-16.1%
Feb-20.4%
Mar-3.3%
Apr-32.7%
May+10.9%
Jun-16.8%
Jul+20.5%
Aug-4.3%
Sep-20.2%
Oct-6.6%
Nov-1.4%
Dec-0.6%
2021
Jan+0.1%
Feb-2.4%
Mar-12.8%
Apr-5.9%
May-4.2%
Jun+14.1%
Jul-17.0%
Aug+2.5%
Sep-3.8%
Oct+28.4%
Nov-17.6%
Dec-1.9%
2020
Jan-5.5%
Feb-3.0%
Mar-11.4%
Apr+24.8%
May+19.4%
Jun+42.7%
Jul-0.1%
Aug+9.4%
Sep-14.0%
Oct-1.1%
Nov+21.5%
Dec+8.0%
2019
Jan+19.3%
Feb+3.5%
Mar-1.0%
Apr-2.2%
May-7.5%
Jun+16.4%
Jul+6.0%
Aug-12.9%
Sep-15.5%
Oct+26.6%
Nov-1.2%
Dec+4.9%
2018
Jan—
Feb—
Mar—
Apr—
May-2.4%
Jun+6.7%
Jul+8.7%
Aug+3.7%
Sep-4.6%
Oct-17.2%
Nov-8.9%
Dec-16.8%
Avg
Jan+8.0%
Feb+1.7%
Mar-3.3%
Apr-0.8%
May+5.9%
Jun+11.5%
Jul+0.3%
Aug+1.2%
Sep-6.0%
Oct+4.4%
Nov+2.5%
Dec-1.8%
Median
Jan+7.4%
Feb+3.0%
Mar-4.6%
Apr-1.1%
May+8.3%
Jun+11.0%
Jul+2.9%
Aug+2.8%
Sep-4.2%
Oct+1.7%
Nov-1.3%
Dec-1.2%
Last 5Y Avg
Jan+10.0%
Feb+3.1%
Mar-0.2%
Apr-4.5%
May+9.6%
Jun+5.2%
Jul-2.5%
Aug+1.9%
Sep-2.8%
Oct+5.3%
Nov+1.7%
Dec-2.0%
Std Dev (σ)
Jan20.4%
Feb11.5%
Mar9.1%
Apr16.7%
May8.8%
Jun16.4%
Jul13.6%
Aug7.3%
Sep9.7%
Oct16.1%
Nov15.1%
Dec7.5%
Consistency (μ/σ)
Jan0.39
Feb0.15
Mar-0.36
Apr-0.04
May0.67
Jun0.70
Jul0.02
Aug0.17
Sep-0.62
Oct0.27
Nov0.16
Dec-0.23
Win Rate (%)
Jan63%
Feb63%
Mar25%
Apr38%
May67%
Jun88%
Jul50%
Aug63%
Sep38%
Oct50%
Nov38%
Dec38%
Winning / Losing Months
Jan▲5▼3
Feb▲5▼3
Mar▲2▼6
Apr▲3▼5
May▲6▼3
Jun▲7▼1
Jul▲4▼4
Aug▲5▼3
Sep▲3▼5
Oct▲4▼4
Nov▲3▼5
Dec▲3▼5
Longest Win / Loss Streak
Jan▲3▼1
Feb▲4▼3
Mar▲2▼4
Apr▲2▼3
May▲5▼2
Jun▲4▼1
Jul▲2▼2
Aug▲2▼1
Sep▲3▼5
Oct▲2▼1
Nov▲2▼2
Dec▲2▼2
Best
Jan+42.8%2023
Feb+19.1%2024
Mar+14.9%2023
Apr+24.8%2020
May+19.4%2020
Jun+42.7%2020
Jul+20.5%2022
Aug+9.4%2020
Sep+7.5%2024
Oct+28.4%2021
Nov+23.9%2024
Dec+8.0%2020
Worst
Jan-16.1%2022
Feb-20.4%2022
Mar-12.8%2021
Apr-32.7%2022
May-7.5%2019
Jun-16.8%2022
Jul-18.3%2025
Aug-12.9%2019
Sep-20.2%2022
Oct-17.2%2018
Nov-17.6%2021
Dec-16.8%2018
−32.7%+42.8%
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