Spotify Technology Past Earnings Performance
Past criteria checks 0/6
Spotify Technology's earnings have been declining at an average annual rate of -39.5%, while the Entertainment industry saw earnings growing at 21% annually. Revenues have been growing at an average rate of 17.9% per year.
Key information
-39.5%
Earnings growth rate
-38.6%
EPS growth rate
Entertainment Industry Growth | 18.1% |
Revenue growth rate | 17.9% |
Return on equity | -21.1% |
Net Margin | -4.0% |
Next Earnings Update | 23 Apr 2024 |
Recent past performance updates
Recent updates
Spotify's Faceoff With YouTube Is Intriguing, But A Sanity Check Is Due
Mar 21Wall Street Lunch: Spotify To Introduce Music Videos
Mar 13Spotify's Long-Term Prospects Outweigh Present Stock Valuation Concerns
Feb 28Spotify: Time To Lock In Gains For Now (Rating Downgrade)
Feb 14Spotify Q4 2023 Earnings Update
Feb 07Spotify: Music Streaming Remains A Competitive Nightmare
Jan 08Spotify's Headcount Reduction - A Strategic Reorientation
Dec 11Spotify: Optimism Is Returning
Dec 04Spotify: Adding To The Watchlist, But Not Buying
Nov 20Spotify: Focus On Profitability Makes Me Positive
Oct 31Spotify Q3 Earnings Preview: Fasten The Seat Belt
Oct 23Spotify Technology: Be Careful
Oct 06Ads, AI, And Spotify's Growth Prospects
Sep 29Spotify: Don't Lose Patience
Sep 07Spotify: Focus On User Growth
Aug 26Spotify Q2 2023 Earnings Update
Jul 26Spotify: Quietly Outperforming
Jun 26Spotify: I Will Buy After The Dip
Jun 08Spotify: The Closer I Look, The More Bullish I Become
May 25Spotify: Product Expansion Represents An Opportunity
Feb 21Spotify gains on report activist ValueAct has taken stake
Feb 10Spotify: Earnings Miss But Undervalued Intrinsically
Feb 02Spotify Q4 Preview: A Compelling Contrarian Bet
Jan 26Rowan Street Capital - Spotify: A Favorite Idea That's Extremely Mispriced
Jan 21Spotify's Future Financial Performance Is Too Much Of A Guessing Game
Jan 13Spotify: Making Profits On Thin Profit Margins
Dec 27Spotify: Likely On Track For A Tenfold Revenue Expansion By 2030
Dec 08Time To Take A Closer Look At Spotify
Nov 04Spotify GAAP EPS of -€0.99 misses by v0.15, revenue of €3.04B beats by €20M
Oct 25Spotify: Cathie Wood Almost Done Selling
Oct 13Spotify removes 11 original podcasts, lays off approximately 5% of staff: report
Oct 07Spotify: The Transition Is Slowly Happening
Sep 30Spotify Continues To Evolve
Sep 11The Market Is Not Buying Spotify's Narrative
Aug 29Spotify testing direct concert ticket sales as further step into events
Aug 10Spotify GAAP EPS of -€0.85 misses by €0.31, revenue of $2.86B beats by €40M
Jul 273 Reasons Spotify Can Be A Long-Term Winner
Jul 18Spotify Technology acquires music trivia game Heardle
Jul 12Spotify Has Numerous Advantages
Jun 09Arch Capital - Spotify: Evolving Beyond Music
Jun 02Revenue & 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 Dec 23 | 13,247 | -532 | 1,999 | 1,531 |
30 Sep 23 | 12,742 | -732 | 2,076 | 1,602 |
30 Jun 23 | 12,421 | -963 | 2,184 | 1,619 |
31 Mar 23 | 12,108 | -786 | 2,232 | 1,548 |
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: SPOT is currently unprofitable.
Growing Profit Margin: SPOT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SPOT is unprofitable, and losses have increased over the past 5 years at a rate of 39.5% per year.
Accelerating Growth: Unable to compare SPOT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPOT is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (12.1%).
Return on Equity
High ROE: SPOT has a negative Return on Equity (-21.09%), as it is currently unprofitable.