609.10
+1.01%
Close of 9 Nov 2026, in USD
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About Spotify Technology
Its shares trade under the ticker SPOT. It has been listed since 3 April 2018. In the fiscal year to 31 December 2025, it reported revenue of €19.83bn and net income of €2.55bn. At that date it held total assets of €17.32bn and shareholders' equity of €9.61bn.
Spotify Technology SA is a digital music service offering music fans instant access to a world of music. The firm enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and high quality audio. The firm operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Communication Services
- Industry
- Entertainment
- Listed since
- 3 Apr 2018
- Employees
- 7,287
- Website
- spotify.com ↗
- Head office
- 33 BOULEVARD PRINCE HENRI, LUXEMBOURG
- Incorporated in
- N4
- Classification
- Radio Broadcasting Stations
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Daniel EkChairman of the Board, Chief Executive Officer, Founder$667,308
- Mr. Gustav SoderstromCo-President, Chief Product and Technology Officer, since 2023$18.7m
- Mr. Alex NorstroemCo-President, Chief Business Officer, since 2023$18.4m
- Mr. Martin LorentzonCo-Founder, Director, since 2008$752,626
- Mr. Christian LuigaChief Financial Officer$6.0m
- Ms. Dustee JenkinsChief Public Affairs Officer$6.3m
- Mr. Christopher MarshallLead Independent Director$339,964
- Mr. Barry McCarthyDirector$456,418
- Mr. Shishir MehrotraDirector$649,488
- Ms. Heidi O'NeillDirector$339,964
- Mr. Theodore SarandosDirector$456,418
- Mr. Thomas StaggsIndependent Director$496,687
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 50
- Environment
- 42
- Social
- 59
- Governance
- 49
- Direct emissions (scope 1)
- 1,053 t
- Energy emissions (scope 2)
- 4,178 t
- Value chain emissions (scope 3)
- 275,891 t
- Women in the workforce
- 43.9%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Spotify is a leading global music streaming platform with a large user base and a vast music library, giving it a competitive edge. The platform offers personalized recommendations and curated playlists, enhancing the user experience and driving user engagement.
- The company has strong partnerships with major record labels and artists, allowing it to offer exclusive content and access to popular music. This helps differentiate Spotify from its competitors and attract new users.
Weaknesses
- Although Spotify has a strong user base, it faces significant competition from other music streaming platforms such as Apple Music and Amazon Music. These competitors have their own advantages, such as integration with popular hardware devices, which may affect Spotify's market share.
- The company heavily relies on music licensing agreements, which can be costly. Changes in licensing terms or disputes with record labels could impact Spotify's profitability and availability of certain music content.
Opportunities
- The growing trend of music streaming presents a significant opportunity for Spotify to expand its user base and revenue. Additionally, the company can explore partnerships with emerging artists and independent labels to offer unique and exclusive content, catering to niche audiences.
- Spotify can also leverage its user data and analytics capabilities to offer targeted advertising and personalized promotions, creating an additional revenue stream and attracting potential advertisers.
Threats
- The music industry is highly competitive and continually evolving. Competitors can innovate, launch new features, and secure exclusive content, potentially eroding Spotify's market share.
- Regulatory challenges, such as copyright laws and royalty disputes, can pose threats to Spotify's operations and financial performance. Additionally, data privacy concerns and security breaches may damage the company's reputation and result in user attrition.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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