Spotify Technology SA Net Income
| SPOT Stock | USD 458.34 12.55 2.82% |
As of the 17th of February 2026, Spotify Technology has the Risk Adjusted Performance of (0.1), coefficient of variation of (755.48), and Variance of 9.87. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spotify Technology, as well as the relationship between them.
Spotify Technology Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 4.1886 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income From Continuing Ops | 2.2 B | 2.3 B | |
| Net Income Applicable To Common Shares | 2.2 B | 2.3 B | |
| Net Income | 2.1 B | 2.2 B | |
| Net Income Per Share | 10.34 | 10.86 | |
| Net Income Per E B T | 0.99 | 0.97 |
Spotify | Net Income | Build AI portfolio with Spotify Stock |
The evolution of Net Income for Spotify Technology SA provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Spotify Technology compares to historical norms and industry peers.
Latest Spotify Technology's Net Income Growth Pattern
Below is the plot of the Net Income of Spotify Technology SA over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Spotify Technology financial statement analysis. It represents the amount of money remaining after all of Spotify Technology SA operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Spotify Technology's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spotify Technology's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.12 B | 10 Years Trend |
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Net Income |
| Timeline |
Spotify Net Income Regression Statistics
| Arithmetic Mean | 29,331,268 | |
| Geometric Mean | 364,171,021 | |
| Coefficient Of Variation | 3,161 | |
| Mean Deviation | 635,957,382 | |
| Median | (230,000,000) | |
| Standard Deviation | 927,102,055 | |
| Sample Variance | 859518.2T | |
| Range | 3.5B | |
| R-Value | 0.58 | |
| Mean Square Error | 605900.7T | |
| R-Squared | 0.34 | |
| Significance | 0.01 | |
| Slope | 106,915,084 | |
| Total Sum of Squares | 13752291.5T |
Spotify Net Income History
Other Fundumenentals of Spotify Technology
| Net Income From Continuing Ops | ||
| Net Income Applicable To Common Shares | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Spotify Technology Net Income component correlations
Spotify Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Spotify Technology is extremely important. It helps to project a fair market value of Spotify Stock properly, considering its historical fundamentals such as Net Income. Since Spotify Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Spotify Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Spotify Technology's interrelated accounts and indicators.
Click cells to compare fundamentals
Is there potential for Movies & Entertainment market expansion? Will Spotify introduce new products? Factors like these will boost the valuation of Spotify Technology. If investors know Spotify will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Spotify Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.139 | Earnings Share 12.47 | Revenue Per Share | Quarterly Revenue Growth 0.068 | Return On Assets |
Investors evaluate Spotify Technology using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Spotify Technology's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Spotify Technology's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Spotify Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spotify Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Spotify Technology's market price signifies the transaction level at which participants voluntarily complete trades.
Spotify Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Spotify Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Spotify Technology.
| 11/19/2025 |
| 02/17/2026 |
If you would invest 0.00 in Spotify Technology on November 19, 2025 and sell it all today you would earn a total of 0.00 from holding Spotify Technology SA or generate 0.0% return on investment in Spotify Technology over 90 days. Spotify Technology is related to or competes with DoorDash, ATT, Verizon Communications, Comcast Corp, Nebius Group, Reddit, and Tencent Music. Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide More
Spotify Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Spotify Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Spotify Technology SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 23.24 | |||
| Value At Risk | (6.31) | |||
| Potential Upside | 3.2 |
Spotify Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spotify Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spotify Technology's standard deviation. In reality, there are many statistical measures that can use Spotify Technology historical prices to predict the future Spotify Technology's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.64) |
Spotify Technology February 17, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (0.63) | |||
| Mean Deviation | 2.02 | |||
| Coefficient Of Variation | (755.48) | |||
| Standard Deviation | 3.14 | |||
| Variance | 9.87 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.64) | |||
| Maximum Drawdown | 23.24 | |||
| Value At Risk | (6.31) | |||
| Potential Upside | 3.2 | |||
| Skewness | 1.17 | |||
| Kurtosis | 7.95 |
Spotify Technology Backtested Returns
Spotify Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14 % return per unit of risk over the last 3 months. Spotify Technology SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spotify Technology's Risk Adjusted Performance of (0.1), variance of 9.87, and Coefficient Of Variation of (755.48) to confirm the risk estimate we provide. The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Spotify Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spotify Technology is expected to be smaller as well. At this point, Spotify Technology has a negative expected return of -0.45%. Please make sure to validate Spotify Technology's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Spotify Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
Spotify Technology SA has below average predictability. Overlapping area represents the amount of predictability between Spotify Technology time series from 19th of November 2025 to 3rd of January 2026 and 3rd of January 2026 to 17th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Spotify Technology price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Spotify Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1970.32 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Spotify Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Spotify Technology SA reported net income of 2.12 B. This is 33.19% higher than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The net income for all United States stocks is significantly lower than that of the firm.
Spotify Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spotify Technology's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Spotify Technology could also be used in its relative valuation, which is a method of valuing Spotify Technology by comparing valuation metrics of similar companies.Spotify Technology is currently under evaluation in net income category among its peers.
Spotify Technology Current Valuation Drivers
We derive many important indicators used in calculating different scores of Spotify Technology from analyzing Spotify Technology's financial statements. These drivers represent accounts that assess Spotify Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Spotify Technology's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 39.4B | 14.2B | 33.1B | 86.7B | 101.5B | 106.6B | |
| Enterprise Value | 38.4B | 13.4B | 31.7B | 83.9B | 98.6B | 103.5B |
Spotify Technology ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Spotify Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Spotify Technology's managers, analysts, and investors.Environmental | Governance | Social |
Spotify Technology Institutional Holders
Institutional Holdings refers to the ownership stake in Spotify Technology that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Spotify Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Spotify Technology's value.| Shares | Fisher Asset Management, Llc | 2025-06-30 | 2.5 M | Capital World Investors | 2025-06-30 | 1.9 M | Wellington Management Company Llp | 2025-06-30 | 1.9 M | Arrowstreet Capital Limited Partnership | 2025-06-30 | 1.8 M | Coatue Management Llc | 2025-06-30 | 1.6 M | Ubs Asset Mgmt Americas Inc | 2025-06-30 | 1.6 M | Geode Capital Management, Llc | 2025-06-30 | 1.6 M | Forsta Ap-fonden | 2025-06-30 | 1.5 M | Northern Trust Corp | 2025-06-30 | 1.5 M | Blackrock Inc | 2025-06-30 | 11.8 M | Baillie Gifford & Co Limited. | 2025-06-30 | 9.6 M |
Spotify Fundamentals
| Return On Equity | 0.32 | ||||
| Return On Asset | 0.1 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 85.43 B | ||||
| Shares Outstanding | 205.83 M | ||||
| Shares Owned By Insiders | 23.41 % | ||||
| Shares Owned By Institutions | 67.58 % | ||||
| Number Of Shares Shorted | 5.79 M | ||||
| Price To Book | 9.54 X | ||||
| Price To Sales | 5.49 X | ||||
| Revenue | 16.51 B | ||||
| Gross Profit | 5.5 B | ||||
| EBITDA | 2.49 B | ||||
| Net Income | 2.12 B | ||||
| Cash And Equivalents | 5.26 B | ||||
| Cash Per Share | 18.98 X | ||||
| Total Debt | 2.32 B | ||||
| Debt To Equity | 0.83 % | ||||
| Current Ratio | 1.31 X | ||||
| Book Value Per Share | 48.04 X | ||||
| Cash Flow From Operations | 2.84 B | ||||
| Short Ratio | 2.40 X | ||||
| Earnings Per Share | 12.47 X | ||||
| Price To Earnings To Growth | 1.92 X | ||||
| Target Price | 662.22 | ||||
| Number Of Employees | 7.29 K | ||||
| Beta | 1.67 | ||||
| Market Capitalization | 94.37 B | ||||
| Total Asset | 15.01 B | ||||
| Retained Earnings | (831.65 M) | ||||
| Working Capital | 4.41 B | ||||
| Net Asset | 15.01 B |
About Spotify Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spotify Technology SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spotify Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spotify Technology SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Spotify Stock Analysis
When running Spotify Technology's price analysis, check to measure Spotify Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.