Spotify Technology S.A.SPOTNYSE
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R&D Expenses Over TimeStrong
Percentile Rank80
3Y CAGR+0.1%
5Y CAGR+10.7%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+0.1%/yr
vs +29.5%/yr prior
5Y CAGR
+10.7%/yr
Recent deceleration
Acceleration
-29.4pp
Decelerating
Percentile
P80
Within normal range
vs 5Y Ago
1.7x
Solid growth
Streak
2 yr
Consecutive declineStrong
PeriodValueYoY Change
2025$1.39B-6.3%
2024$1.49B-13.9%
2023$1.73B+24.4%
2022$1.39B+52.1%
2021$912.00M+9.0%
2020$837.00M+36.1%
2019$615.00M+24.7%
2018$493.00M+24.5%
2017$396.00M+91.3%
2016$207.00M-