Spotify Technology S.A.SPOTNYSE
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Cost of Revenue Over TimeStrong
Percentile Rank100
3Y CAGR+9.9%
5Y CAGR+14.8%
Year-over-Year Change
Direct costs attributable to producing goods sold
3Y CAGR
+9.9%/yr
vs +22.5%/yr prior
5Y CAGR
+14.8%/yr
Recent deceleration
Acceleration
-12.6pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
2x
Strong expansion
Streak
9 yr
Consecutive growthStrong
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $11.69B | +6.8% |
| 2024 | $10.95B | +11.2% |
| 2023 | $9.85B | +11.9% |
| 2022 | $8.80B | +24.4% |
| 2021 | $7.08B | +20.7% |
| 2020 | $5.87B | +16.3% |
| 2019 | $5.04B | +29.1% |
| 2018 | $3.91B | +20.5% |
| 2017 | $3.24B | +27.0% |
| 2016 | $2.55B | - |