Spotify Technology S.A. (SPOT) stock
SPOTNYSERadio Broadcasting StationsFiscal year ends December 31
$612.63+14.12 (+2.36%)
Close on Nov 13, 2026Market cap $126.10BP/E 52.3Yield –
Spotify Technology r&d expenses
Research and development expenses are spending on new products and technology.
For fiscal 2025 it was €1.39B, down 6.3% from the year before. The highest annual figure on record is €1.73B in fiscal 2023.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | €1.39B | -6.3% |
| FY2024 | Dec 31, 2024 | €1.49B | -13.9% |
| FY2023 | Dec 31, 2023 | €1.73B | +24.4% |
| FY2022 | Dec 31, 2022 | €1.39B | +52.1% |
| FY2021 | Dec 31, 2021 | €912.00M | +9.0% |
| FY2020 | Dec 31, 2020 | €837.00M | +36.1% |
| FY2019 | Dec 31, 2019 | €615.00M | +24.7% |
| FY2018 | Dec 31, 2018 | €493.00M | +24.5% |
| FY2017 | Dec 31, 2017 | €396.00M | +91.3% |
| FY2016 | Dec 31, 2016 | €207.00M | – |
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