Spotify Technology S.A.SPOTNYSE
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Gross Profit Over TimeExpanding
Percentile Rank100
3Y CAGR+23.4%
5Y CAGR+22.2%
Studio
Year-over-Year Change

Revenue minus cost of goods sold

3Y CAGR
+23.4%/yr
vs +21.3%/yr prior
5Y CAGR
+22.2%/yr
Consistent
Acceleration
+2.1pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.7x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$5.50B+16.3%
2024$4.72B+39.1%
2023$3.40B+16.1%
2022$2.93B+12.9%
2021$2.59B+28.6%
2020$2.02B+17.0%
2019$1.72B+27.3%
2018$1.35B+59.4%
2017$849.00M+111.7%
2016$401.00M-