Spotify Technology S.A. has grown revenue 14% a year over three years and 17% a year over five. Revenue growth, 3-year annual rate: +14% (Internet Content & Information median +9.8%). Revenue growth, 5-year rate: +17%, growth has slowed since the five-year average. Years of annual history on file: 10, FY2016 to FY2025, as filed.

SPOTSpotify Technology S.A.

Communication Services

$529.23-28% 1Y

$529.23

$412.7552 weeks$738.53

Is it growing?

Good

Growing: earnings up +91% year on year and operating margin widening (+11.8 points).

2 good, 1 neutral

Revenue trend+10% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +17% a year.

Earnings trend+91% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing faster than revenue, so margins or the share count are helping.

Margin direction+11.8 points operating

Trailing-twelve-month operating margin, 12.8% now against 1.0% a year earlier.

All from SEC EDGAR, as of Dec 31, 2025.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is SPOT growing?

Spotify Technology S.A. has grown revenue 14% a year over three years and 17% a year over five.

+14%

Revenue growth, 3-year annual rate · Internet Content & Information median +9.8% · steady growth, ahead of inflation · compounded from fiscal years as filed

Revenue growth, 5-year rate: +17%
Revenue growth, 5-year rate · +14% over three · growth has slowed since the five-year average
Years of annual history on file: 10
Years of annual history on file · FY2016 to FY2025, as filed

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