Spotify is the leading global music streaming service provider, with over 600 million monthly active users and 250 million paying subscribers, with the latter comprising the firm's premium segment. most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a very comprehensive music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.

Spotify Technology S.A.

Anchor

Host, distribute, create, and monetize your podcast—for free. Available on iOS, Android, and web.

Spotify for Podcasters

Our favorite time of the year is here! We’re thrilled to bring the love, excitement, and data stories to more creators than ever with this year’s #PodcasterWrapped. 

Log in to your Spotify for Podcasters account and tap the Wrapped banner to dive into your year in podcasting!

A popular podcast creator and a LinkedIn executive explain how to foster community and grow your show on the platform.

It's almost time for Wrapped! Soon, millions of listeners will be sharing their favorite podcasts of 2023. In preparation, we’ve compiled some tips to help creators get their show looking its best for a next wave of listeners.

Review the checklist and stay tuned for when 2023 Wrapped for Podcasters goes live:

We’re excited to announce the newest edition of Fan Study: 2023 Podcast Edition! Creators are in for a treat. From peak listening hours to the most prominent discovery methods, we’re sharing never-before-seen Spotify insights, designed to help creators refine their creative process, connect with fans, and grow their show.

Stay tuned for our virtual “Office Hours” on November 16 if you’d like to hear from the Podcaster Insights team here at Spotify, and get answers on how to make the most of these findings. RSVP up here: https://lnkd.in/gKwM7XgP

Explore the Fan Study: 2023 Podcast Edition below:

Mark your calendars! 

We’re back with Episode 2 of Spotify for Podcasters Masterclass. 

Come learn about the most effective ways to connect with your audience and maximize listener engagement on Spotify. RSVP here to join us for a live watch party and Q&A on September 6th at 12pm EST. 

RSVP Here! https://lnkd.in/ewDGtVvV

Join us on the 23rd of August at Podcast Movement Denver! 🎙 We'll be in Aurora D discussing the future of podcasting, new features, monetization, and more.

10:30am -11:00am - The Future Of Podcasting featuring Austin Lamon 
11:15am - 11:45am - From Audio to Video: Embracing the Evolution of Podcast Formats featuring Jordan Newman and Reesha Sodha
12:00pm - 12:30pm - How to Future Proof your Podcast Marketing Strategy featuring Rae Palermo
1:45pm - 2:15pm - Podcast Interactivity 2.0: Fan Engagement featuring Reesha Sodha and Trace Gaynor 
2:30pm - 3:00pm - Building a Sustainable Monetization Strategy featuring 
Dave Zohrob
3:15pm - 3:45pm - Creator Roundtable: Exploring the Future of Audio Through a Podcaster's lens featuring Jordan Newman

Head here for more details on the programming:

Spotify + Patreon =  🤝🎙️💰 

Starting today, you can connect your Spotify and Patreon accounts to access patron-exclusive podcasts right where you’re already listening to your favorite audio content. We’re so excited to launch this partnership to empower podcasters to grow their businesses on their terms! 
 
Read more about this partnership and how to get started here:

Notice something different in Spotify for Podcasters today? We've made it easier than ever to upload your audio and video episodes. Let us know if you've already taken it for a spin! 👀

#videopodcast #podcastcommunity

Have you already RSVP'd to see the first episode of the Spotify for Podcasters Masterclass? Join us for the live watch party and Q&A with Gael Aitor of Teenager Therapy, a Top 200 Spotify show, tomorrow at 12pm EST ✨🎙️

https://lnkd.in/e99kzFpV

We’re Making Space in Atlanta!🍑 🎙️ 

On June 29, we’re proudly launching our third Making Space studio at Nourish Botanica. Through Making Space, we aim to invest in the future generation of podcast creators by offering historically marginalized groups a safe, accessible place to have their voices heard. We do this by offering professional podcast gear (provided by RØDE) to inclusive spaces. 

Come celebrate our newest studio! Visit https://lnkd.in/eQg8VKc6 to RSVP. 

#podcast #podcastcommunity #atlantageorgia

	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	1.94B -	2.95B 52.16%	4.09B 38.55%	5.26B 28.58%	6.76B 28.62%	7.88B 16.50%	9.67B 22.69%	11.73B 21.30%	13.25B 12.96%
cost of revenue	1.71B -	2.55B 48.83%	3.24B 27.05%	3.91B 20.52%	5.04B 29.08%	5.87B 16.32%	7.08B 20.66%	8.80B 24.36%	9.85B 11.92%
gross profit	226M -	401M 77.43%	849M 111.72%	1.35B 59.36%	1.72B 27.27%	2.02B 17.02%	2.59B 28.59%	2.93B 12.93%	3.40B 16.10%
selling and marketing expenses	219M -	368M 68.04%	567M 54.08%	620M 9.35%	826M 33.23%	1.03B 24.58%	1.14B 10.30%	1.57B 38.50%	1.53B 2.48%
general and administrative expenses	106M -	175M 65.09%	264M 50.86%	283M 7.20%	354M 25.09%	442M 24.86%	450M 1.81%	626M 39.11%	585M 6.55%
selling general and administrative expenses	325M -	543M 67.08%	831M 53.04%	903M 8.66%	1.18B 30.68%	1.47B 24.66%	1.58B 7.75%	2.20B 38.68%	2.12B 3.64%
research and development expenses	136M -	207M 52.21%	396M 91.30%	493M 24.49%	615M 24.75%	837M 36.10%	912M 8.96%	1.39B 52.08%	1.73B 24.37%
other expenses		-245M -	-524M 113.88%	-201M 61.64%			112M -	144M 28.57%
cost and expenses	2.17B -	3.30B 51.77%	4.47B 35.35%	5.30B 18.67%	6.84B 28.95%	8.17B 19.54%	9.57B 17.14%	12.39B 29.37%	13.69B 10.55%
operating expenses	461M -	750M 62.69%	1.23B 63.60%	1.40B 13.77%	1.79B 28.58%	2.31B 28.58%	2.50B 8.19%	3.58B 43.57%	3.84B 7.20%
interest expense	1M -	5M 400%	4M 20%	584M 14,500%	333M 42.98%	510M 53.15%	91M 82.16%	58M 36.26%	49M 15.52%
ebitda	-203M -	-553M 172.41%	-826M 49.37%	443M 153.63%	289M 34.76%	-88M 130.45%	467M 630.68%	-284M 160.81%	-146M 48.59%
operating income	-235M -	-349M 48.51%	-378M 8.31%	-43M 88.62%	202M 569.77%	-293M 245.05%	340M 216.04%	-659M 293.82%	-446M 32.32%
depreciation and amortization	30M -	38M 26.67%	54M 42.11%	32M 40.74%	87M 171.88%	205M 135.63%	127M 38.05%	375M 195.28%	158M 57.87%
total other income expenses net	9M -	-186M 2,166.67%	-872M 368.82%	-1M 99.89%	-333M 33,200%	-416M 24.92%	-91M 78.13%	289M 417.58%	-152M 152.60%
income before tax	-225M -	-535M 137.78%	-1.23B 130.47%	-173M 85.97%	-131M 24.28%	-709M 441.22%	249M 135.12%	-370M 248.59%	-505M 36.49%
income tax expense	5M -	4M 20%	2M 50%	-95M 4,850%	55M 157.89%	-128M 332.73%	283M 321.09%	60M 78.80%	27M 55.00%
net income	-230M -	-539M 134.35%	-1.24B 129.13%	-78M 93.68%	-186M 138.46%	-581M 212.37%	-34M 94.15%	-430M 1,164.71%	-532M 23.72%
weighted average shs out	167.78M -	167.78M 0%	178.11M 6.16%	177.15M 0.54%	180.96M 2.15%	187.58M 3.66%	191.30M 1.98%	192.93M 0.86%	194.73M 0.93%
weighted average shs out dil	167.78M -	167.78M 0%	178.11M 6.16%	181.21M 1.74%	180.96M 0.14%	187.58M 3.66%	193.94M 3.39%	195.85M 0.98%	194.73M 0.57%
eps	-1.37 -	-3.21 134.31%	-6.93 115.89%	-0.44 93.65%	-1.03 134.09%	-3.10 200.97%	-0.18 94.19%	-2.23 1,138.89%	-2.73 22.42%
epsdiluted	-1.37 -	-3.21 134.31%	-6.93 115.89%	-0.43 93.80%	-1.03 139.53%	-3.10 200.97%	-0.18 94.19%	-2.20 1,122.22%	-2.73 24.09%

NYSE:SPOT

Spotify Technology S.A.

Last Close

470.70

22/11 21:00

Market Cap

96.00B

Beta: 1.77

Volume Today

2.29M

Avg: 1.61M

PE Ratio

−53.06

PFCF: 193.49

Preview