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Spotify Technology S.A. FY2024 income statement | Sankey It
Sankey It · SPOT
Spotify Technology S.A. FY2024 income statement
EUR · fiscal year ended 2024-12-31
FY2025
FY2024
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FY2022
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Spotify Technology S.A. FY2024 income statement
Flow diagram with 10 nodes and 9 flows for Spotify Technology S.A. FY2024 income statement. Values: Premium €14.9B, Ad-Supported €2B, Revenue €15.7B, Cost of Revenue €10.9B, Gross Profit €4.7B, Operating Expenses €3.4B, Operating Income €1.4B, Other Expense €24M, Tax €203M, Net Income €1.1B.
Premium
€14.9B
+20% Y/Y
88% of revenue
Ad-Supported
€2B
+10% Y/Y
12% of revenue
Revenue
€15.7B
+18% Y/Y
Cost of Revenue
(€10.9B)
+11% Y/Y
65% of revenue
Gross Profit
€4.7B
+39% Y/Y
28% margin
Operating Expenses
(€3.4B)
-13% Y/Y
20% of revenue
Operating Income
€1.4B
+406% Y/Y
8% margin
Other Expense
(€24M)
-59% Y/Y
<1% of revenue
Tax
(€203M)
+652% Y/Y
1% of revenue
Net Income
€1.1B
+314% Y/Y
7% margin
Net / profit
Inputs
Tax / cost
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