SPOTIFY TECHNOLOGY SA (SPOT) Earnings History & Surprises

NYSE:SPOT • LU1778762911

552.76 USD
+18.67 (+3.5%)
Last: Mar 5, 2026, 03:50 PM

Past quarterly earnings results for SPOTIFY TECHNOLOGY SA (SPOT), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateApr 21, 2026
PeriodQ1 / 2026
EPS Estimate€2.97
Revenue Estimate4.615B

Last Reported

Most Recent
Release DateFeb 10, 2026
PeriodQ4 / 2025
EPS Reported€4.43
EPS Surprise 58.63%
Revenue Surprise -1.78%

Beat Rate

Last 8 Quarters
25%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (EUR)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 4.43 2.79 58.63% 151.70% 4.531B 4.613B -1.78% 6.81%
Q3 2025 3.28 2.01 62.82% 126.21% 4.272B 4.315B -1.00% 7.12%
Q2 2025 -0.42 1.94 -121.70% -131.58% 4.193B 4.349B -3.59% 10.14%
Q1 2025 1.07 2.24 -52.29% 10.31% 4.19B 4.288B -2.29% 15.24%
Q4 2024 1.76 2.03 -13.10% 375.68% 4.242B 4.274B -0.75% 15.55%
Q3 2024 1.45 1.75 -17.36% 339.39% 3.988B 4.103B -2.80% 18.80%
Q2 2024 1.33 1.08 23.46% 185.81% 3.807B 3.899B -2.36% 19.83%
Q1 2024 0.97 0.67 45.84% 183.62% 3.636B 3.68B -1.20% 19.53%
Q4 2023 0.37 -0.21 273.18% 126.43% 3.671B 3.792B -3.19% 15.95%
Q3 2023 0.33 -0.22 248.37% 133.33% 3.357B 3.395B -1.12% 10.57%
Q2 2023 -1.55 -0.64 -140.60% -82.35% 3.177B 3.27B -2.84% 10.93%
Q1 2023 -1.16 -0.86 -34.11% -652.38% 3.042B 3.143B -3.21% 14.32%
Q4 2022 -1.40 -1.30 -7.77% -566.67% 3.166B 3.222B -1.74% 17.74%
Q3 2022 -0.99 -0.85 -16.17% -141.46% 3.036B 3.078B -1.36% 21.39%
Q2 2022 -0.85 -0.65 -31.28% -347.37% 2.864B 2.869B -0.17% 22.87%
Q1 2022 0.21 -0.24 186.14% 184.00% 2.661B 2.669B -0.30% 23.94%
Q4 2021 -0.21 -0.43 51.56% 68.18% 2.689B 2.705B -0.59% 24.03%
Q3 2021 -0.41 -0.18 -125.10% 29.31% 2.501B 2.495B 0.24% 26.63%
Q2 2021 -0.19 -0.38 49.94% 90.05% 2.331B 2.332B -0.04% 23.40%
Q1 2021 -0.25 -0.40 37.53% -25.00% 2.147B 2.188B -1.87% 16.18%
Q4 2020 -0.66 -0.56 -16.94% - 2.168B 2.193B -1.14% -
Q3 2020 -0.58 -0.57 -1.50% - 1.975B 2.039B -3.14% -
Q2 2020 -1.91 -0.46 -314.52% - 1.889B 1.966B -3.92% -
Q1 2020 -0.20 -0.50 60.10% - 1.848B 1.893B -2.38% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

SPOT EPS Q2Q GrowthSPOT EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 0 500 -500

Revenue Historical Q2Q growth and Acceleration

SPOT Revenue Q2Q GrowthSPOT Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 5 10 15 20 25

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
2
Average EPS beat (4)
-13.13%
Max EPS beat (4)
62.82%
Min EPS beat (4)
-121.70%

Revenue beat statistics

Revenue beat (4)
0
Average Revenue beat (4)
-2.16%
Max Revenue beat (4)
-1.00%
Min Revenue beat (4)
-3.59%

Analysis

In the last 4 quarters, SPOT has beaten EPS estimates in 2 out of 4 releases
SPOT has not beaten revenue estimates in any of the last 4 earnings releases
In the last 4 quarters, SPOT reported -13.1% below the EPS estimates on average.
In the last 4 quarters, SPOT reported -2.2% below the revenue estimates on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

SPOTIFY TECHNOLOGY SA / SPOT Earnings FAQ

What is the most recent earnings date for SPOT stock?

SPOTIFY TECHNOLOGY SA (SPOT) last reported earnings on 2/10/2026.


Did SPOT stock beat earnings estimates in the most recent quarter?

SPOTIFY TECHNOLOGY SA (SPOT) beat EPS estimates and missed revenue estimates in the most recent quarter.


Can you provide information on how often SPOTIFY TECHNOLOGY SA beats earnings estimates?

In the last 4 quarters, SPOTIFY TECHNOLOGY SA (SPOT) has beaten EPS estimates in 2 out of 4 releases.