Business description: Spotify Technology S.A.

Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. The Company 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. Its 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 audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries. Its service offers a music listening experience without commercial breaks.

Number of employees: 7,000

Sales by Activity: Spotify Technology S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Premium

8.46B 10.25B 11.57B 13.82B 15.35B

Ad-Supported

1.21B 1.48B 1.68B 1.85B 1.84B

Geographical breakdown of sales: Spotify Technology S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Other Countries

4.98B 5.9B 6.78B 8.04B 10.7B

United States

3.69B 4.71B 5.22B 6.14B 6.47B

Luxembourg

6M 7M 9M 10M 13M

United Kingdom

994M 1.11B 1.23B 1.48B -

Executive Committee: Spotify Technology S.A.

Manager TitleAgeSince
Chief Executive Officer 50 31/12/2025
Chief Executive Officer 50 31/12/2025
Director of Finance/CFO 58 15/09/2004
Investor Relations Contact - 30/06/2020
Human Resources Officer 43 31/03/2025

Composition of the Board of Directors: Spotify Technology S.A.

Director TitleAgeSince
Chairman 43 26/12/2006
Chairman 57 20/07/2008
Director/Board Member 64 12/06/2017
Director/Board Member 65 12/06/2017
Director/Board Member 58 15/06/2015
Director/Board Member 47 12/06/2017
Director/Board Member 61 04/12/2017
Director/Board Member 73 07/01/2020
Director/Board Member 50 31/12/2025
Director/Board Member 50 31/12/2025

Shareholders: Spotify Technology S.A.

NameEquities%Valuation
9.231 %
19,000,000 9.231 % 8 484 M $
8.08 %
16,631,969 8.08 % 7 427 M $
5.827 %
11,993,298 5.827 % 5 356 M $
Baillie Gifford & Co.
3.993 %
8,218,203 3.993 % 3 670 M $
BlackRock Advisors LLC
3.943 %
8,116,939 3.943 % 3 625 M $
NameEquities%Valuation
54.21 %
190,000,000 54.21 % 84 845 M $
34.22 %
119,932,980 34.22 % 53 556 M $
NameEquities%Valuation
Caixa DTVM SA
0.001049 %
8,634 0.001049 % 944 465 $

Holdings: Spotify Technology S.A.

NameEquities%Valuation
282,830,698 16.47% 1 267 M $

Company details: Spotify Technology S.A.

Spotify Technology SA

Regeringsgatan 19

111 53, Stockholm

+

http://www.spotify.com
address Spotify Technology S.A.(SPOT)

Group companies: Spotify Technology S.A.

NameCategory and Sector
Internet Software/Services
Internet Software/Services
Spotify India LLP
Spotify India LLP
Internet Software/Services

Other Internet Services

Change 5d. change 1-year change 3-years change Capi.($)
+1.01%+1.87%-31.24%+201.92% 88.6B
-0.52%-0.60%-9.05%+40.22% 533B
+0.56%-1.98%-16.81%+97.19% 152B
-3.24%-7.72%-17.36%+24.00% 109B
-1.60%+17.10%+1,072.17%+2,681.47% 105B
-0.09%-5.31%-3.24%+25.73% 78.92B
+3.24%-9.86%-21.53%+133.32% 64.95B
+3.67%-4.71%-17.66%+38.82% 40.49B
-1.45%+13.00%-3.42%-0.39% 28.58B
+3.36%-4.00%+6.12%+292.68% 22.84B
Average +0.48%-1.56%+95.80%+353.50% 122.33B
Weighted average by Cap. -0.20%-1.33%+80.52%+292.57%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
41
Last Close Price
367.99EUR
Average target price
506.57EUR
Spread / Average Target
+37.66%

Quarterly revenue - Rate of surprise

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  2. Equities
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  4. Company Spotify Technology S.A.