What is the current annual net margin of SPOT?

As of today, SPOT annual net margin is 12.87%

What is 1-year change in SPOT annual net margin?

SPOT annual net margin is up +77.27% year-over-year

What is 3-year change in SPOT annual net margin?

SPOT annual net margin is up +450.68% over the past 3 years

How far is SPOT annual net margin from its all-time high?

SPOT annual net margin is currently at its all-time high

How does SPOT annual net margin rank versus sector peers?

SPOT annual net margin is higher than 83.40% of companies in Communication Services sector

When is SPOT next annual earnings release?

The next annual earnings release for SPOT is on February 9, 2027

What is the current quarterly net margin of SPOT?

As of today, SPOT quarterly net margin is 10.42%

What is SPOT quarterly net margin most recent change?

SPOT quarterly net margin was down -8.68% on September 30, 2026

What is 1-year change in SPOT quarterly net margin?

SPOT quarterly net margin is down -50.48% year-over-year

How far is SPOT quarterly net margin from its all-time high?

SPOT quarterly net margin is currently -64.76% below its historical high of 29.57% set on December 31, 2018

How does SPOT quarterly net margin rank versus sector peers?

SPOT quarterly net margin is higher than 78.57% of companies in Communication Services sector

When is SPOT next earnings release?

The next earnings release for SPOT is on February 9, 2027

SPOT Net Margin History & Chart Since 2015

Annual Net Margin

12.87%5.61%+77.27%

December 31, 2025

Summary

Current Value: As of today, SPOT annual net margin is 12.87%, up +77.27% on December 31, 2025
Historical Performance: SPOT annual net margin is up +450.68% over the past 3 years, up +274.63% over the past 5 years
All-Time High Comparison: SPOT annual net margin is currently at its all-time high
3-Year Low Comparison: SPOT annual net margin is +420.15% above its 3-year low of -4.02% reached on December 31, 2023
Sector Comparison: SPOT annual net margin is higher than 83.40% of companies in Communication Services sector

Net Margin Chart

beforeafter

Performance

SPOT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	12.87%	+77.3%	+450.7%	+274.6%	+208.5%
Quarterly Net Margin	Sep 30, 26	10.42%	-50.5%	+437.1%	+10000.0%	–
Price	Nov 5, 26	$614.41	-0.9%	+261.5%	+112.6%	–
PE Ratio	Nov 5, 26	40.74	-57.9%	–	–	–
Annual Revenue	Dec 31, 25	$19.40B	+14.4%	+57.4%	+115.9%	+801.6%
Annual Net Income	Dec 31, 25	$2.50B	+102.8%	+652.4%	+476.9%	+1078.8%
Annual Gross Margin	Dec 31, 25	31.86%	+6.0%	+29.5%	+25.7%	+178.5%
Annual Operating Margin	Dec 31, 25	12.84%	+43.0%	+331.8%	+467.9%	+206.0%

Net Margin Highs

SPOT Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	12.87%	Dec 31, 25	at high
5Y	12.87%	Dec 31, 25	at high
All	12.87%	Dec 31, 25	at high

Net Margin Lows

SPOT Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	-4.02%	Dec 31, 23	+420.1%
5Y	-7.37%	N/A	+274.6%
All	-30.20%	Dec 31, 17	+142.6%

Net Margin History

Year	Value	Change
2025	12.87%	+77.3%
2024	7.26%	+280.6%
2023	-4.02%	-9.5%
2022	-3.67%	-948.6%
2021	-0.35%	+95.3%
2020	-7.37%	-168.0%

Year	Value	Change
2019	-2.75%	-85.8%
2018	-1.48%	+95.1%
2017	-30.20%	-65.4%
2016	-18.26%	-54.0%
2015	-11.86%	-

FAQ

What is the current annual net margin of SPOT?: As of today, SPOT annual net margin is 12.87%
What is 1-year change in SPOT annual net margin?: SPOT annual net margin is up +77.27% year-over-year
What is 3-year change in SPOT annual net margin?: SPOT annual net margin is up +450.68% over the past 3 years
How far is SPOT annual net margin from its all-time high?: SPOT annual net margin is currently at its all-time high
How does SPOT annual net margin rank versus sector peers?: SPOT annual net margin is higher than 83.40% of companies in Communication Services sector
When is SPOT next annual earnings release?: The next annual earnings release for SPOT is on February 9, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

10.42%0.99%-8.68%

September 30, 2026

Summary

Current Value: As of today, SPOT quarterly net margin is 10.42%, down -8.68% on September 30, 2026
Historical Performance: SPOT quarterly net margin is down -50.48% year-over-year, up +437.11% over the past 3 years
All-Time High Comparison: SPOT quarterly net margin is currently -64.76% below its historical high of 29.57% set on December 31, 2018
3-Year Low Comparison: SPOT quarterly net margin is +608.29% above its 3-year low of -2.05% reached on June 30, 2025
Sector Comparison: SPOT quarterly net margin is higher than 78.57% of companies in Communication Services sector

Performance

SPOT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	10.42%	-8.7%	-50.5%	+437.1%	+10000.0%
Annual Net Margin	Dec 31, 25	12.87%	–	+77.3%	+450.7%	+274.6%
Price	Nov 5, 26	$614.41	+27.4%	-0.9%	+261.5%	+112.6%
PE Ratio	Nov 5, 26	40.74	+35.7%	-57.9%	–	–
Quarterly Revenue	Sep 30, 26	$5.72B	+2.9%	+14.5%	+56.5%	+93.9%
Quarterly Net Income	Sep 30, 26	$595.97M	-6.0%	-43.3%	+742.8%	+10000.0%
Quarterly Gross Margin	Sep 30, 26	32.88%	-1.4%	+4.3%	+25.9%	+24.2%
Quarterly Operating Margin	Sep 30, 26	13.52%	-1.4%	-0.7%	+1323.2%	+350.7%

Quarterly Net Margin Highs

SPOT Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	25.91%	Dec 31, 25	-59.8%
3Y	25.91%	Dec 31, 25	-59.8%
5Y	25.91%	Dec 31, 25	-59.8%
All	29.57%	Dec 31, 18	-64.8%

Quarterly Net Margin Lows

SPOT Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	10.42%	Sep 30, 26	at low
3Y	-2.05%	Jun 30, 25	+608.3%
5Y	-9.51%	Jun 30, 23	+209.6%
All	-51.87%	Dec 31, 17	+120.1%

Quarterly Net Margin History

Month	Value	Change
Sep 2026	10.42%	-8.7%
Jun 2026	11.41%	-28.3%
Mar 2026	15.91%	-38.6%
Dec 2025	25.91%	+23.1%
Sep 2025	21.04%	+1,126.3%
Jun 2025	-2.05%	-138.2%
Mar 2025	5.37%	-37.9%
Dec 2024	8.65%	+15.0%
Sep 2024	7.52%	+4.4%
Jun 2024	7.20%	+32.8%
Mar 2024	5.42%	+383.8%
Dec 2023	-1.91%	-198.5%
Sep 2023	1.94%	+120.4%
Jun 2023	-9.51%	-28.5%
Mar 2023	-7.40%	+13.2%
Dec 2022	-8.53%	-55.9%
Sep 2022	-5.47%	-25.5%
Jun 2022	-4.36%	-188.6%
Mar 2022	4.92%	+439.3%
Dec 2021	-1.45%	-1,912.5%
Sep 2021	0.08%	+109.3%
Jun 2021	-0.86%	-180.4%

Month	Value	Change
Mar 2021	1.07%	+118.5%
Dec 2020	-5.77%	-12.9%
Sep 2020	-5.11%	+72.9%
Jun 2020	-18.85%	>-9,900.0%
Mar 2020	0.05%	+100.4%
Dec 2019	-11.27%	-181.0%
Sep 2019	13.92%	+405.3%
Jun 2019	-4.56%	+51.5%
Mar 2019	-9.40%	-131.8%
Dec 2018	29.57%	+829.9%
Sep 2018	3.18%	+110.3%
Jun 2018	-30.95%	-108.6%
Mar 2018	-14.84%	+71.4%
Dec 2017	-51.87%	-92.5%
Sep 2017	-26.94%	-44.3%
Jun 2017	-18.67%	+2.7%
Mar 2017	-19.18%	-96.7%
Dec 2016	-9.75%	+44.0%
Sep 2016	-17.40%	+32.8%
Jun 2016	-25.91%	-15.4%
Mar 2016	-22.46%	-

FAQ

What is the current quarterly net margin of SPOT?: As of today, SPOT quarterly net margin is 10.42%
What is SPOT quarterly net margin most recent change?: SPOT quarterly net margin was down -8.68% on September 30, 2026
What is 1-year change in SPOT quarterly net margin?: SPOT quarterly net margin is down -50.48% year-over-year
How far is SPOT quarterly net margin from its all-time high?: SPOT quarterly net margin is currently -64.76% below its historical high of 29.57% set on December 31, 2018
How does SPOT quarterly net margin rank versus sector peers?: SPOT quarterly net margin is higher than 78.57% of companies in Communication Services sector
When is SPOT next earnings release?: The next earnings release for SPOT is on February 9, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

SPOT Official Website www.spotify.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1639920/000162828026006874/0001628280-26-006874-index.htm
SPOT Profile on Yahoo Finance finance.yahoo.com/quote/SPOT
SPOT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/spot