Spotify Technology S.A. | Large-cap | Communication Services
$749.91
2.57%
| Spotify Technology Stock Comparison:
Spotify Technology vs AlphabetSpotify Technology vs AlphabetSpotify Technology vs DoordashSpotify Technology vs PinterestSpotify Technology vs RedditSpotify Technology vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 15.7B
Gross Profit 4.7B 30.14%
Operating Income 1.4B 8.71%
Net Income 1.1B 7.26%
EPS (Diluted) $5.50

Balance Sheet Metrics

Total Assets 12.0B
Total Liabilities 6.5B
Shareholders Equity 5.5B
Debt to Equity 1.17

Cash Flow Metrics

Operating Cash Flow 2.1B
Free Cash Flow 2.3B

Revenue & Profitability Trend

Spotify Technology Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 15.7B 13.2B 11.7B 9.7B 7.9B
Cost of Goods Sold 10.9B 9.8B 8.8B 7.1B 5.9B
Gross Profit 4.7B 3.4B 2.9B 2.6B 2.0B
Operating Expenses 3.4B 3.8B 3.6B 2.5B 2.3B
Operating Income 1.4B -446.0M -659.0M 94.0M -293.0M
Pre-tax Income 1.3B -505.0M -370.0M 249.0M -709.0M
Income Tax 203.0M 27.0M 60.0M 283.0M -128.0M
Net Income 1.1B -532.0M -430.0M -34.0M -581.0M
EPS (Diluted) $5.50 -$2.73 -$2.93 -$1.03 -$3.10

Income Statement Trend

Spotify Technology Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 8.4B 5.3B 4.4B 4.4B 2.4B
Non-Current Assets 3.6B 3.1B 3.3B 2.8B 4.0B
Total Assets 12.0B 8.3B 7.6B 7.2B 6.3B
Liabilities
Current Liabilities 4.4B 4.1B 3.5B 3.2B 2.9B
Non-Current Liabilities 2.0B 1.7B 1.7B 1.8B 621.0M
Total Liabilities 6.5B 5.8B 5.2B 5.1B 3.5B
Equity
Total Shareholders Equity 5.5B 2.5B 2.4B 2.1B 2.8B

Balance Sheet Composition

Spotify Technology Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 1.1B -532.0M -430.0M -34.0M -581.0M
Operating Cash Flow 2.1B 441.0M 116.0M 456.0M 318.0M
Investing Activities
Capital Expenditures -17.0M -6.0M -25.0M -85.0M -78.0M
Investing Cash Flow -1.5B -217.0M -423.0M -187.0M -372.0M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -204.0M -132.0M -83.0M 1.1B -34.0M
Free Cash Flow 2.3B 674.0M 21.0M 276.0M 181.0M

Cash Flow Trend

Spotify Technology Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 109.87
Forward P/E 79.78
Price to Book 23.33
Price to Sales 8.98
PEG Ratio 79.78

Profitability Ratios

Profit Margin 7.19%
Operating Margin 12.15%
Return on Equity 24.40%
Return on Assets 10.05%

Financial Health

Current Ratio 1.48
Debt to Equity 34.87
Beta 1.66

Per Share Data

EPS (TTM) $6.47
Book Value per Share $30.47
Revenue per Share $80.24

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
spot 145.8B 109.87 23.33 24.40% 7.19% 34.87
Alphabet 2.1T 19.85 6.25 34.79% 30.86% 8.25
Alphabet 2.0T 18.58 5.87 34.79% 30.86% 8.25
Doordash 97.6B 291.54 11.63 4.34% 3.02% 6.28
Pinterest 22.9B 12.44 4.88 48.41% 50.41% 3.07
Reddit 21.4B 23.33 9.66 5.77% 8.07% 1.20

Financial data is updated regularly. All figures are in the company's reporting currency.