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Communication Services - Internet Content & Information - NYSE - LU
$ 458.32
-4.02 %
$ 89.7 B
Market Cap
191.77
P/E
INCOME STATEMENT
13.2 B REVENUE
12.96%
-446 M OPERATING INCOME
32.32%
-532 M NET INCOME
-23.72%
EFFICIENCY
Earnings Waterfall Spotify Technology S.A.
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Revenue 13.2 B
Cost Of Revenue 9.85 B
Gross Profit 3.4 B
Operating Expenses 3.89 B
Operating Income -446 M
Other Expenses 86 M
Net Income -532 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015
REVENUE
Revenue 13 247.0 11 727.0 9 668.0 7 880.0 6 764.0 5 259.0 4 090.0 2 952.0 1 940.0
GROSS PROFIT
Cost Of Revenue 9 850.0 8 801.0 7 077.0 5 865.0 5 042.0 3 906.0 3 241.0 2 551.0 1 714.0
Gross Profit 3 397.0 2 926.0 2 591.0 2 015.0 1 722.0 1 353.0 849.0 401.0 226.0
OPERATING INCOME
Operating Expenses 3 894.0 3 585.0 2 497.0 2 308.0 1 795.0 1 396.0 1 227.0 750.0 461.0
Selling, General and Administrative Expenses 2 118.0 2 198.0 1 585.0 1 471.0 1 180.0 903.0 831.0 543.0 325.0
Research and Development Expenses 1 725.0 1 387.0 912.0 837.0 615.0 493.0 396.0 207.0 136.0
Operating Income (446.0) (659.0) 340.0 (293.0) 202.0 (43.0) (378.0) (349.0) (235.0)
PRE-TAX INCOME
Interest Income Expense 38.0 58.0 91.0 510.0 333.0 584.0 4.0 5.0 1.0
Total Other Income (59.0) 289.0 155.0 (416.0) (58.0) (130.0) (855.0) (186.0) 10.0
Pre-Tax Income (505.0) (370.0) 249.0 (709.0) (131.0) (173.0) (1 233.0) (535.0) (225.0)
NET INCOME
Tax Provision 27.0 60.0 283.0 (128.0) 55.0 (95.0) 2.0 4.0 5.0
Net Income (532.0) (430.0) (34.0) (581.0) (186.0) (78.0) (1 235.0) (539.0) (230.0)
EPS 2.73 2.23 0.18 3.1 1.03 0.44 6.93 3.21 1.37