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 operating margin
Operating margin is operating income as a percentage of revenue.
For fiscal 2025 it was 12.8%, against 8.7% the year before. The highest annual figure on record is 12.8% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 12.8% | +4.1 |
| FY2024 | Dec 31, 2024 | 8.7% | +12.1 |
| FY2023 | Dec 31, 2023 | -3.4% | +2.3 |
| FY2022 | Dec 31, 2022 | -5.6% | −6.6 |
| FY2021 | Dec 31, 2021 | 1.0% | +4.7 |
| FY2020 | Dec 31, 2020 | -3.7% | −2.6 |
| FY2019 | Dec 31, 2019 | -1.1% | −0.3 |
| FY2018 | Dec 31, 2018 | -0.8% | +8.4 |
| FY2017 | Dec 31, 2017 | -9.2% | +2.6 |
| FY2016 | Dec 31, 2016 | -11.8% | – |
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