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SPOT| Name | Value |
|---|---|
| Revenues | 3,636.0M |
| Cost of Revenue | 2,632.0M |
| Gross Profit | 1,004.0M |
| Operating Expense | 836.0M |
| Operating I/L | 168.0M |
| Other Income/Expense | 6.0M |
| Interest Income | 59.0M |
| Pretax | 174.0M |
| Income Tax Expense | -23.0M |
| Net Income/Loss | 197.0M |
Spotify Technology S.A. provides audio streaming services globally through its Premium and Ad-Supported segments. The Premium segment offers ad-free music and podcast streaming, while the Ad-Supported segment provides on-demand music and podcast access with ads. The company also offers sales, marketing, research and development, and customer support services. With 406 million monthly active users and 180 million premium subscribers, Spotify generates revenue primarily through premium subscriptions and advertising on its platform.
