Added to YB: 2025-05-02
Pitch date: 2025-04-30
SPOT [neutral]
Spotify Technology S.A.
-4.78%
current return
Author Info
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Company Info
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide.
Market Cap
$100.1B
Pitch Price
$606.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
45.60
P/E
72.67
EV/Sales
5.61
Sector
Entertainment
Category
growth
Spotify Q1 2025: Record Profits, Robust User Growth, and Strategic Content Expansion
SPOT (earnings update): Q1 2025 shows strong momentum - MAUs +10% YoY to 678M, Premium subs +12% to 268M. Revenue €4.2B (+15% YoY) with 31.6% gross margin (+400bps). Record Q1 op income €509M (12.1% margin), though missed due to €76M payroll tax hit. Video podcasts thriving (+44% engagement time). Q2 guide: €4.3B rev, €539M op income (below est). Risks: FX, competition, content costs.
Read full article (5 min)