Spotify Technology S.A. (SPOT) stock
SPOTNYSERadio Broadcasting StationsFiscal year ends December 31
$598.51−10.61 (-1.74%)
Close on Nov 12, 2026Market cap $123.19BP/E 51.1Yield –
Spotify Technology gross margin
Gross margin is gross profit as a percentage of revenue.
For fiscal 2025 it was 32.0%, against 30.1% the year before. The highest annual figure on record is 32.0% in fiscal 2025.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 32.0% | +1.8 |
| FY2024 | Dec 31, 2024 | 30.1% | +4.5 |
| FY2023 | Dec 31, 2023 | 25.6% | +0.7 |
| FY2022 | Dec 31, 2022 | 25.0% | −1.8 |
| FY2021 | Dec 31, 2021 | 26.8% | +1.2 |
| FY2020 | Dec 31, 2020 | 25.6% | +0.1 |
| FY2019 | Dec 31, 2019 | 25.5% | −0.3 |
| FY2018 | Dec 31, 2018 | 25.7% | +5.0 |
| FY2017 | Dec 31, 2017 | 20.8% | +7.2 |
| FY2016 | Dec 31, 2016 | 13.6% | – |
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