Spotify Technology Gross Margin 2018-2024 | SPOT

Spotify Technology gross margin for the quarter ending September 30, 2024 was 28.73%.

  • Spotify Technology average gross margin for 2023 was 25.16%, a 1.91% increase from 2022.
  • Spotify Technology average gross margin for 2022 was 25.65%, a 2.84% decline from 2021.
  • Spotify Technology average gross margin for 2021 was 26.4%, a 3.53% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Spotify Technology Gross Margin 2018-2024 | SPOT

  • Spotify Technology average gross margin for 2023 was 25.16%, a 1.91% increase from 2022.
  • Spotify Technology average gross margin for 2022 was 25.65%, a 2.84% decline from 2021.
  • Spotify Technology average gross margin for 2021 was 26.4%, a 3.53% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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