Spotify Technology S.A. (SPOT) operating KPIs
Close on Oct 30, 2026Market cap $122.15BP/E 50.4Yield –
Spotify Technology subsidiaries combined: net income (estimate) (€M)
Estimate. The parent is the Luxembourg holding company; the difference stands for ALL subsidiaries together (main operating company Spotify AB, Sweden, plus Spotify USA and others). Distortions: the parent's result is under Luxembourg accounting rules (not IFRS) and includes dividends / interest received from subsidiaries and gains or write-downs on its investments in them, which consolidation eliminates. Cross-check: Spotify AB alone reported a 2025 result of SEK 19.5 billion (≈ €1.76 billion) vs this estimate of €1.80 billion
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Subsidiaries combined: net income (estimate) (€M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 1,796 | +58.3% | Calculated |
| 2024 | Dec 31, 2024 | 1,135 | -221.9% | Calculated |
| 2023 | Dec 31, 2023 | -931 | +192.2% | Calculated |
| 2022 | Dec 31, 2022 | -319 | -23.3% | Calculated |
| 2021 | Dec 31, 2021 | -415 | -52.9% | Calculated |
| 2020 | Dec 31, 2020 | -881 | +152.4% | Calculated |
| 2019 | Dec 31, 2019 | -349 | +40.1% | Calculated |
| 2018 | Dec 31, 2018 | -249 | – | Calculated |
Breakdown
What makes up subsidiaries combined: net income (estimate)
Cite this data
StockData. (2026). Spotify Technology Subsidiaries combined: net income (estimate) (€M), annual 2018–2025 [Data set]. Compiled from Spotify Technology SEC filings and investor materials. https://stockdatahq.com/stocks/spot/kpis/subs-ni
See every metric in the Spotify Technology KPI table. Data updated Oct 23, 2026.