Spotify Technology Past Earnings Performance
Past criteria checks 0/6
Spotify Technology's earnings have been declining at an average annual rate of -33.8%, while the Entertainment industry saw earnings growing at 38.9% annually. Revenues have been growing at an average rate of 17.5% per year.
Key information
-33.8%
Earnings growth rate
-33.0%
EPS growth rate
| Entertainment Industry Growth | 30.3% |
| Revenue growth rate | 17.5% |
| Return on equity | -3.3% |
| Net Margin | -0.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Spotify Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 13,841 | -110 | 1,959 | 1,485 |
| 31 Dec 23 | 13,247 | -532 | 1,999 | 1,531 |
| 30 Sep 23 | 12,742 | -732 | 2,102 | 1,626 |
| 30 Jun 23 | 12,421 | -963 | 2,210 | 1,643 |
| 31 Mar 23 | 12,108 | -786 | 2,258 | 1,572 |
| 31 Dec 22 | 11,727 | -430 | 2,198 | 1,387 |
| 30 Sep 22 | 11,250 | -199 | 2,049 | 1,225 |
| 30 Jun 22 | 10,715 | -31 | 1,842 | 1,047 |
| 31 Mar 22 | 10,182 | 74 | 1,675 | 966 |
| 31 Dec 21 | 9,668 | -34 | 1,585 | 912 |
| 30 Sep 21 | 9,147 | -120 | 1,518 | 891 |
| 30 Jun 21 | 8,621 | -223 | 1,483 | 859 |
| 31 Mar 21 | 8,179 | -559 | 1,462 | 871 |
| 31 Dec 20 | 7,880 | -581 | 1,471 | 837 |
| 30 Sep 20 | 7,567 | -665 | 1,412 | 778 |
| 30 Jun 20 | 7,323 | -323 | 1,312 | 738 |
| 31 Mar 20 | 7,101 | -43 | 1,224 | 622 |
| 31 Dec 19 | 6,764 | -186 | 1,166 | 615 |
| 30 Sep 19 | 6,404 | 465 | 1,006 | 542 |
| 30 Jun 19 | 6,025 | 267 | 969 | 541 |
| 31 Mar 19 | 5,631 | -51 | 959 | 533 |
| 31 Dec 18 | 5,259 | -78 | 903 | 493 |
| 30 Sep 18 | 4,913 | -1,116 | 944 | 516 |
| 30 Jun 18 | 4,593 | -1,437 | 936 | 479 |
| 31 Mar 18 | 4,327 | -1,231 | 876 | 431 |
| 31 Dec 17 | 4,090 | -1,235 | 831 | 396 |
| 31 Dec 16 | 2,952 | -539 | 543 | 207 |
| 01 Jan 16 | 1,940 | -230 | 325 | 136 |
Quality Earnings: 639 is currently unprofitable.
Growing Profit Margin: 639 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 639 is unprofitable, and losses have increased over the past 5 years at a rate of 33.8% per year.
Accelerating Growth: Unable to compare 639's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 639 is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-8.7%).
Return on Equity
High ROE: 639 has a negative Return on Equity (-3.32%), as it is currently unprofitable.