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Spotify Technology S.A. FY2023 income statement | Sankey It
Sankey It · SPOT
Spotify Technology S.A. FY2023 income statement
EUR · fiscal year ended 2023-12-31
FY2025
FY2024
FY2023
FY2022
FY2021
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Spotify Technology S.A. FY2023 income statement
Flow diagram with 6 nodes and 5 flows for Spotify Technology S.A. FY2023 income statement. Values: Premium €12.5B, Ad-Supported €1.8B, Revenue €13.2B, Cost of Revenue €9.9B, Gross Profit €3.4B, Operating Expenses €3.8B.
Premium
€12.5B
+16% Y/Y
87% of revenue
Ad-Supported
€1.8B
+17% Y/Y
13% of revenue
Revenue
€13.2B
+13% Y/Y
Cost of Revenue
(€9.9B)
+12% Y/Y
69% of revenue
Gross Profit
€3.4B
+16% Y/Y
24% margin
Operating Expenses
(€3.8B)
+7% Y/Y
Actual operating expenses was EUR 3.8B, a EUR 446.0M shortfall not covered by this flow
27% of revenue
Net / profit
Inputs
Tax / cost
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