YOLFTbeta
Spotify Technology SA

Spotify Technology SA

SPOT · NYSE · Communication Services / Internet Content & Information

612.63USD+14.12 (+2.36%)

Price History

Full chart

Market Stats

Previous Close598.51
Open600.93
Day Range598.35 – 616.56
52-Week Range405.00 – 676.67
Volume958.04K
Market Cap120.01B
P/E (TTM)30.18
Forward P/E28.57
EPS19.34
Dividend Yield0.00%
Beta1.61
50-Day Avg524.29
200-Day Avg496.54

About

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.

Company Details

  • SectorCommunication Services
  • IndustryInternet Content & Information
  • CEOMr. Alex Norström
  • Employees7.00K
  • HeadquartersRegeringsgatan 19, Stockholm, Sweden, 111 53, USA
  • Websitehttps://www.spotify.com

Leadership

  • Mr. Daniel G. EkFounder & Executive Chairman · b. 1983
  • Mr. Alex NorströmCo-CEO & Director · b. 1977
  • Mr. Gustav SöderströmCo-CEO & Director · b. 1977
  • Mr. Sven Martin LorentzonCo-Founder & Director · b. 1969
  • Mr. Christian LuigaChief Financial Officer · b. 1968
  • Ms. Dustee Tucker JenkinsChief Public Affairs Officer · b. 1979
  • Mr. John P. GiraldoChief Accounting Officer · b. 1968
  • Mr. Bryan Daniel GoldbergHead of Investor Relations
  • Ms. Aditi ShorewalHead of PR & Communications
  • Mr. Tanmaya TrivediDirector of Sales

Financials

Income Statement

Currency: EUR2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.94B2.95B4.09B5.26B6.76B7.88B9.67B11.73B13.25B15.67B17.19B
Growth (%)-+52.16%+38.55%+28.58%+28.62%+16.50%+22.69%+21.30%+12.96%+18.31%+9.65%
Cost of Revenue1.71B2.55B3.24B3.91B5.04B5.87B7.08B8.80B9.85B10.95B11.69B
Gross Profit226.00M401.00M849.00M1.35B1.72B2.02B2.59B2.93B3.40B4.72B5.50B
Gross Margin11.65%13.58%20.76%25.73%25.46%25.57%26.80%24.95%25.64%30.14%31.98%
Operating Expense461.00M750.00M1.23B1.40B1.79B2.31B2.50B3.58B3.84B3.36B3.30B
Operating Income-235.00M-349.00M-378.00M-43.00M-73.00M-293.00M94.00M-659.00M-446.00M1.36B2.20B
Operating Margin-12.11%-11.82%-9.24%-0.82%-1.08%-3.72%0.97%-5.62%-3.37%8.71%12.79%
EBITDA-194.00M-492.00M-1.18B-135.00M-1.00M-544.00M416.00M-158.00M-309.00M1.50B2.36B
EBITDA Margin-10.00%-16.67%-28.73%-2.57%-0.01%-6.90%4.30%-1.35%-2.33%9.56%13.71%
Net Income-230.00M-539.00M-1.24B-78.00M-186.00M-581.00M-34.00M-430.00M-532.00M1.14B2.21B
Net Income Margin-11.86%-18.26%-30.20%-1.48%-2.75%-7.37%-0.35%-3.67%-4.02%7.26%12.87%
R&D136.00M207.00M396.00M493.00M615.00M837.00M912.00M1.39B1.73B1.49B1.39B
R&D as % of Total Revenue7.01%7.01%9.68%9.37%9.09%10.62%9.43%11.83%13.02%9.48%8.11%
Interest Expense1.00M5.00M508.82M6.00M42.39M50.25M40.00M41.00M38.00M36.00M31.00M
Interest Expense % of Total Revenue0.05%0.17%12.44%0.11%0.63%0.64%0.41%0.35%0.29%0.23%0.18%

Balance Sheet

Currency: EUR2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.05B2.10B3.11B4.34B5.12B6.33B7.17B7.64B8.35B12.01B15.02B
Total Liabilities822.00M2.34B1.93B2.24B3.08B3.52B5.05B5.24B5.82B6.48B6.69B
Total Equity229.00M-240.00M1.18B2.09B2.04B2.81B2.12B2.40B2.52B5.53B8.33B
Cash597.00M755.00M477.00M891.00M1.06B1.15B2.74B2.48B3.11B4.78B5.26B
Total Debt510.00M1.11B945.00M123.00M2.08B2.35B3.67B1.68B1.70B2.08B1.96B
Net Debt-586.00M357.00M-476.00M-891.00M-443.00M-574.00M-963.00M-800.00M-1.42B-2.71B-3.30B

Cash Flow

Currency: EUR2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-38.00M101.00M179.00M344.00M573.00M259.00M361.00M46.00M680.00M2.30B2.93B
Investing Cash Flow-67.00M-827.00M-435.00M-22.00M-218.00M-372.00M-187.00M-423.00M-217.00M-1.49B-1.78B
Financing Cash Flow476.00M916.00M34.00M92.00M-203.00M285.00M1.25B-40.00M234.00M729.00M-381.00M
Capital Expenditure49.00M27.00M46.00M125.00M135.00M78.00M85.00M25.00M6.00M17.00M61.00M
Free Cash Flow-87.00M74.00M133.00M219.00M438.00M181.00M276.00M21.00M674.00M2.28B2.87B
Dividends Paid0000242.30M30.00M205.90M42.23M---
FCF to OCF228.95%73.27%74.30%63.66%76.44%69.88%76.45%45.65%99.12%99.26%97.92%
Dividend Paid to FCF0.00%0.00%0.00%0.00%55.32%16.57%74.60%201.07%---

Earnings

Report DateMay 4, 2017Aug 4, 2017Nov 4, 2017Mar 20, 2018May 2, 2018Jul 26, 2018Nov 1, 2018Feb 6, 2019Apr 29, 2019Jul 31, 2019Oct 28, 2019Feb 5, 2020Apr 29, 2020Jul 29, 2020Oct 29, 2020Feb 3, 2021Apr 28, 2021Jul 28, 2021Oct 27, 2021Feb 2, 2022Apr 27, 2022Jul 27, 2022Oct 25, 2022Jan 31, 2023Apr 25, 2023Jul 25, 2023Oct 24, 2023Feb 6, 2024Apr 23, 2024Jul 23, 2024Nov 12, 2024Feb 4, 2025Apr 29, 2025Jul 29, 2025Nov 4, 2025Feb 10, 2026Apr 28, 2026Aug 4, 2026Oct 22, 2026
EPS Estimate0.000.000.00--0.35-0.63-0.15-0.17-0.47-0.45-0.28-0.28-0.36-0.47-0.43-0.51-0.41-0.44-0.17-0.36-0.23-0.64-0.84-1.28-0.82-0.57-0.20-0.260.631.011.672.002.211.982.022.782.943.273.10
EPS Actual-1.15-1.24-1.84-3.87-0.45-1.780.360.36-0.79-0.420.36-1.14-0.20-1.91-0.53-0.66-0.25-0.100.01-0.200.21-0.65-0.86-1.40-1.16-1.550.33-0.360.971.331.451.761.07-0.423.284.433.453.032.48
Surprise-----28.57%-182.54%340.00%311.76%-68.09%6.67%228.57%-307.14%44.44%-306.38%-23.26%-29.41%39.02%77.27%105.88%44.44%191.30%-1.56%-2.38%-9.38%-41.46%-171.93%265.00%-38.46%53.97%31.68%-13.17%-12.00%-51.58%-121.21%62.38%59.35%17.35%-7.34%-20.00%
Timing---After-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap120.01B
Enterprise Value94.72B
Trailing P/E30.18
Forward P/E28.57
PEG Ratio1.44
Price / Sales6.63
Price / Book10.92
EPS19.34
Book Value45.82
Revenue (TTM)18.11B
Gross Profit (TTM)5.94B
EBITDA2.68B
Profit Margin18.43%
Operating Margin13.71%
Return on Equity44.48%
Return on Assets12.19%
Shares Outstanding205.62M
Shares Float157.11M
Beta1.61
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 40 analystsTarget 599.92
  • Strong Buy
    22
  • Buy
    9
  • Hold
    9

Ownership Breakdown

Institutions
68.88%
Insiders
23.46%
Retail / Other
7.66%

Top Institutional Holders

  • BlackRock Inc
    10.89M5.30%
  • Baillie Gifford & Co Limited.
    7.93M3.86%
  • Morgan Stanley - Brokerage Accounts
    7.42M3.61%
  • State Street Corp
    4.63M2.25%
  • T. Rowe Price Associates, Inc.
    3.60M1.75%
  • Wellington Management Company LLP
    3.11M1.51%
  • WCM Investment Management
    2.84M1.38%
  • Jennison Associates LLC
    2.81M1.37%
  • Fisher Asset Management, LLC
    2.67M1.30%
  • DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main
    2.46M1.20%
  • BAMCO Inc
    2.43M1.18%
  • Massachusetts Financial Services Company
    2.13M1.04%
  • Jupiter Topco LLC
    2.02M0.98%
  • Deutsche Bank AG
    1.87M0.91%
  • The Goldman Sachs Group Inc
    1.84M0.89%
  • Sands Capital Management, LLC
    1.76M0.86%
  • Geode Capital Management, LLC
    1.75M0.85%
  • HHG PLC
    1.71M0.83%
  • Principal Financial Group Inc
    1.60M0.78%

Top Fund Holders

  • Vanguard International Growth Inv
    2.36M1.15%