Spotify Technology S.A.

NYSE:SPOT

Sector

💬 Communication Services

Industries

📺 Streaming Services

🎉 Entertainment

🌐 Internet Services & Media

Location

Luxembourg

Market Cap

USD 145.06 B

Share Price

USD 707.42

Avg Daily Volume

2,627,485

Change (1 day)

-0.39%

Change (1 year)

125.37%

Change (YTD)

58.13%

Spotify Technology S.A. Research and Development (R&D) Expenses for the Trailing 12 Months (TTM) ending March 30, 2025: USD 1.59 B

Spotify Technology S.A. Research and Development (R&D) Expenses is USD 1.59 B for the Trailing 12 Months (TTM) ending March 30, 2025, a -14.89% change year over year. Research and development (R&D) expenses are the costs associated with the development of new products, technologies, or improvements to existing products.

Spotify Technology S.A. Research and Development (R&D) Expenses for the Trailing 12 Months (TTM) ending March 31, 2024 was USD 1.87 B, a 13.33% change year over year.
Spotify Technology S.A. Research and Development (R&D) Expenses for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 1.65 B, a 48.61% change year over year.
Spotify Technology S.A. Research and Development (R&D) Expenses for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 1.11 B, a 8.66% change year over year.
Spotify Technology S.A. Research and Development (R&D) Expenses for the Trailing 12 Months (TTM) ending March 31, 2021 was USD 1.02 B, a 47.18% change year over year.

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Key data

Date	Research and Development (R&D) Expenses	Revenue	Revenue	Gross Profit

NYSE: SPOT

Spotify Technology S.A.

CEO	Mr. Daniel G. Ek
IPO Date	April 3, 2018
Location	Luxembourg
Headquarters	42-44, avenue de la Gare
Employees	7,258
Sector	💬 Communication Services
Industries Streaming Services 🎉 Entertainment 🌐 Internet Services & Media

Description

Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.