Spotify Technology S.A.

EUR, fiscal year ended 2021-12-31

Revenue: Top segments reported by the source sum to more than EUR 9.7B of revenue (a known FMP double-count pattern) - painted without v2 source/hub tags

Operating Expenses: R&D 9% | SG&A 16% of revenue

Tax: Actual tax was EUR 283.0M, a EUR 34.0M shortfall not covered by this flow

Revenue

EUR 9.7B

Gross margin

26.8%

Operating margin

1.0%

Net margin (loss)

-0.4%

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Revenue segments

Premium: EUR 10.0B103.4%
Ad-Supported: EUR 1.4B14.8%

Period history

Revenue, by year

Income statement

Line	FY2021
Revenue	EUR 9,668,000,000
Cost of revenue	EUR 7,077,000,000
Gross profit	EUR 2,591,000,000
Operating expenses	EUR 2,497,000,000
Operating income	EUR 94,000,000
Other income/expense, net	EUR 155,000,000
Income before tax	EUR 249,000,000
Income tax expense	EUR 283,000,000
Net income	-EUR 34,000,000

Spotify Technology S.A.

Revenue segments

Period history

Income statement

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