Spotify Technology Gross Margin 2018-2025 | SPOT
- Spotify Technology average gross margin for 2024 was 28.16%, a 11.92% increase from 2023.
- 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.
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.