Spotify Historical Income Statement

SPOT Stock

USD 476.96 1.72 0.36%

Historical analysis of Spotify Technology income statement accounts such as Interest Expense of 36.1 M, Selling General Administrative of 401.5 M, Selling And Marketing Expenses of 961.8 M or Total Revenue of 7.8 B can show how well Spotify Technology SA performed in making a profits. Evaluating Spotify Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Spotify Technology's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Spotify Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Spotify Technology is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spotify Technology SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About Spotify Income Statement Analysis

Spotify Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Spotify Technology shareholders. The income statement also shows Spotify investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Spotify Technology Income Statement Chart

At this time, Spotify Technology's Research Development is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 97.7 M in 2024, whereas Tax Provision is likely to drop slightly above 26 M in 2024.

Tax Provision Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts Spotify Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Spotify Technology SA minus its cost of goods sold. It is profit before Spotify Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Spotify Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Spotify Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spotify Technology SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

	2021	2022	2023	2024 (projected)
Interest Expense	91M	58M	38M	36.1M
Depreciation And Amortization	132.1M	167.9M	158M	98.0M

Interest Expense Depreciation And Amortization

Spotify Technology income statement Correlations

	Tax Provision	Interest Income	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Reconciled Depreciation
Tax Provision		0.65	0.41	-0.41	0.25	0.28	0.31	0.32	0.3	0.45	0.26	0.28	0.21	0.34	0.31	0.26	0.5	0.34	0.25	1.0	0.4
Interest Income	0.65		0.71	0.13	0.65	0.67	0.71	0.74	0.69	0.38	0.13	0.29	0.59	0.4	0.7	0.66	0.27	0.17	0.11	0.65	0.66
Depreciation And Amortization	0.41	0.71		0.12	0.97	0.98	0.97	0.96	0.98	-0.14	-0.13	-0.05	0.87	0.11	0.98	0.97	-0.02	0.16	-0.15	0.41	0.98
Interest Expense	-0.41	0.13	0.12		0.31	0.26	0.25	0.31	0.24	0.34	0.18	0.5	0.12	0.52	0.23	0.24	0.04	-0.19	0.17	-0.41	0.0
Selling General Administrative	0.25	0.65	0.97	0.31		1.0	0.99	0.98	0.99	-0.15	-0.2	-0.02	0.89	0.13	0.99	0.99	-0.13	0.05	-0.22	0.25	0.91
Selling And Marketing Expenses	0.28	0.67	0.98	0.26	1.0		0.99	0.99	1.0	-0.16	-0.17	-0.02	0.9	0.13	0.99	1.0	-0.1	0.09	-0.19	0.28	0.93
Total Revenue	0.31	0.71	0.97	0.25	0.99	0.99		1.0	1.0	-0.11	-0.12	0.03	0.9	0.18	1.0	1.0	-0.05	0.12	-0.14	0.31	0.93
Gross Profit	0.32	0.74	0.96	0.31	0.98	0.99	1.0		0.99	-0.05	-0.09	0.09	0.89	0.24	0.99	0.99	-0.02	0.11	-0.11	0.32	0.91
Other Operating Expenses	0.3	0.69	0.98	0.24	0.99	1.0	1.0	0.99		-0.15	-0.14	-0.01	0.91	0.14	1.0	1.0	-0.07	0.12	-0.17	0.3	0.93
Operating Income	0.45	0.38	-0.14	0.34	-0.15	-0.16	-0.11	-0.05	-0.15		0.57	0.82	-0.28	0.79	-0.13	-0.18	0.63	0.02	0.56	0.45	-0.24
Net Income From Continuing Ops	0.26	0.13	-0.13	0.18	-0.2	-0.17	-0.12	-0.09	-0.14	0.57		0.85	-0.21	0.83	-0.13	-0.17	0.97	0.76	1.0	0.26	-0.11
Ebit	0.28	0.29	-0.05	0.5	-0.02	-0.02	0.03	0.09	-0.01	0.82	0.85		-0.13	0.99	0.0	-0.04	0.83	0.44	0.84	0.28	-0.12
Research Development	0.21	0.59	0.87	0.12	0.89	0.9	0.9	0.89	0.91	-0.28	-0.21	-0.13		0.03	0.91	0.91	-0.15	0.12	-0.23	0.21	0.87
Ebitda	0.34	0.4	0.11	0.52	0.13	0.13	0.18	0.24	0.14	0.79	0.83	0.99	0.03		0.16	0.11	0.83	0.47	0.82	0.34	0.03
Cost Of Revenue	0.31	0.7	0.98	0.23	0.99	0.99	1.0	0.99	1.0	-0.13	-0.13	0.0	0.91	0.16		1.0	-0.06	0.12	-0.16	0.31	0.93
Total Operating Expenses	0.26	0.66	0.97	0.24	0.99	1.0	1.0	0.99	1.0	-0.18	-0.17	-0.04	0.91	0.11	1.0		-0.11	0.1	-0.2	0.26	0.93
Income Before Tax	0.5	0.27	-0.02	0.04	-0.13	-0.1	-0.05	-0.02	-0.07	0.63	0.97	0.83	-0.15	0.83	-0.06	-0.11		0.78	0.97	0.5	-0.01
Total Other Income Expense Net	0.34	0.17	0.16	-0.19	0.05	0.09	0.12	0.11	0.12	0.02	0.76	0.44	0.12	0.47	0.12	0.1	0.78		0.77	0.34	0.24
Net Income	0.25	0.11	-0.15	0.17	-0.22	-0.19	-0.14	-0.11	-0.17	0.56	1.0	0.84	-0.23	0.82	-0.16	-0.2	0.97	0.77		0.25	-0.13
Income Tax Expense	1.0	0.65	0.41	-0.41	0.25	0.28	0.31	0.32	0.3	0.45	0.26	0.28	0.21	0.34	0.31	0.26	0.5	0.34	0.25		0.4
Reconciled Depreciation	0.4	0.66	0.98	0.0	0.91	0.93	0.93	0.91	0.93	-0.24	-0.11	-0.12	0.87	0.03	0.93	0.93	-0.01	0.24	-0.13	0.4

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Spotify Technology Account Relationship Matchups

Spotify Technology income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	55M	(128M)	283M	60M	27M	26.0M
Interest Income	31M	94M	246M	47M	131M	74.4M
Depreciation And Amortization	86.7M	103.4M	132.1M	167.9M	158M	98.0M
Interest Expense	333M	510M	91M	58M	38M	36.1M
Selling General Administrative	354M	442M	450M	626M	585M	401.5M
Selling And Marketing Expenses	826M	1.0B	1.1B	1.6B	1.5B	961.8M
Total Revenue	6.8B	7.9B	9.7B	11.7B	13.2B	7.8B
Gross Profit	1.7B	2.0B	2.6B	2.9B	3.4B	1.9B
Other Operating Expenses	6.8B	8.2B	9.6B	12.4B	13.7B	8.1B
Operating Income	202M	(293M)	340M	(659M)	(446M)	(423.7M)
Net Income From Continuing Ops	(186M)	(581M)	(34M)	(430M)	(532M)	(558.6M)
Ebit	202.3M	(396.4M)	334.9M	(451.9M)	(456M)	(478.8M)
Research Development	615M	837M	912M	1.4B	1.7B	1.8B
Ebitda	289M	(293M)	467M	(284M)	(298M)	(312.9M)
Cost Of Revenue	5.0B	5.9B	7.1B	8.8B	9.9B	5.9B
Total Operating Expenses	1.8B	2.3B	2.5B	3.6B	3.8B	2.2B
Income Before Tax	(131M)	(709M)	249M	(370M)	(505M)	(530.3M)
Total Other Income Expense Net	(333M)	(416M)	155M	289M	(59M)	(62.0M)
Net Income Applicable To Common Shares	(186M)	(581M)	(34M)	(430M)	(494.5M)	(519.2M)
Net Income	(186M)	(581M)	(34M)	(430M)	(532M)	(558.6M)
Income Tax Expense	55M	(128M)	283M	60M	27M	26.0M
Net Interest Income	(11M)	(416M)	155M	2M	93M	97.7M
Reconciled Depreciation	87M	111M	127M	171M	158M	116.3M

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Spotify Historical Income Statement

About Spotify Income Statement Analysis

Spotify Technology Income Statement Chart

Tax Provision

Total Revenue

Gross Profit

Spotify Technology income statement Correlations

Spotify Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Spotify Technology income statement Accounts

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COMMON DESTINATIONS

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Tax Provision	Interest Income
Discontinued Operations	Depreciation And Amortization
Interest Expense	Selling General Administrative
Selling And Marketing Expenses	Total Revenue
Gross Profit	Other Operating Expenses
Preferred Stock And Other Adjustments	Operating Income
Net Income From Continuing Ops	Ebit
Research Development	Ebitda
Cost Of Revenue	Non Recurring
Total Operating Expenses	Effect Of Accounting Charges
Income Before Tax	Non Operating Income Net Other
Extraordinary Items	Total Other Income Expense Net
Net Income Applicable To Common Shares	Net Income
Income Tax Expense	Minority Interest
Other Items	Net Interest Income
Reconciled Depreciation

Income Tax Expense	+ 1.0	Tax Provision
Selling And Marketing Expenses	+ 1.0	Selling General Administrative
Other Operating Expenses	+ 1.0	Selling And Marketing Expenses
Total Operating Expenses	+ 1.0	Selling And Marketing Expenses
Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue

Income Tax Expense	- 0.41	Interest Expense
Interest Expense	- 0.41	Tax Provision
Research Development	- 0.28	Operating Income
Reconciled Depreciation	- 0.24	Operating Income
Net Income	- 0.23	Research Development
Net Income	- 0.22	Selling General Administrative