Spotify Q1 2025 Financials Filed

Ticker: SPOT · Form: 6-K · Filed: 2025-04-29T00:00:00.000Z

Sentiment: neutral

Topics: financials, quarterly-report, sec-filing

TL;DR

Spotify dropped its Q1 2025 financials - check the numbers!

AI Summary

Spotify Technology S.A. filed a Form 6-K on April 29, 2025, reporting its interim condensed consolidated financial statements for the three months ended March 31, 2025. The filing includes statements of operations and comprehensive income, providing a snapshot of the company's financial performance during the first quarter of 2025.

Why It Matters

This filing provides investors with Spotify's latest financial performance data, crucial for assessing the company's operational health and future prospects.

Risk Assessment

Risk Level: low — This is a routine financial filing and does not contain new material events or significant changes.

Key Players & Entities

FAQ

What period do the interim condensed consolidated financial statements cover?

The interim condensed consolidated financial statements cover the three months ended March 31, 2025.

What type of financial statements are included in this filing?

This filing includes the interim condensed consolidated statement of operations and the interim condensed consolidated statement of comprehensive income.

What is the filing date for this Form 6-K?

This Form 6-K was filed on April 29, 2025.

Is Spotify Technology S.A. required to file Form 20-F annually?

Yes, Spotify Technology S.A. indicates it files annual reports under cover of Form 20-F.

Where is Spotify Technology S.A.'s principal executive office located?

Spotify Technology S.A.'s principal executive office is located at 33 Boulevard Prince Henri, L-1724 Luxembourg, Grand Duchy of Luxembourg.

From the Filing

0001639920-25-000006.txt : 20250429 0001639920-25-000006.hdr.sgml : 20250429 20250429164116 ACCESSION NUMBER: 0001639920-25-000006 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250429 DATE AS OF CHANGE: 20250429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Spotify Technology S.A. CENTRAL INDEX KEY: 0001639920 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] ORGANIZATION NAME: 06 Technology EIN: 000000000 STATE OF INCORPORATION: N4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38438 FILM NUMBER: 25888538 BUSINESS ADDRESS: STREET 1: 33 BOULEVARD PRINCE HENRI CITY: LUXEMBOURG STATE: N4 ZIP: L-1724 BUSINESS PHONE: 46 (70) 220-4607 MAIL ADDRESS: STREET 1: 33 BOULEVARD PRINCE HENRI CITY: LUXEMBOURG STATE: N4 ZIP: L-1724 6-K 1 spot-20250331x6xk.htm 6-K Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April, 2025 Commission File Number: 001-38438 Spotify Technology S.A. (Translation of registrant’s name into English) 33 Boulevard Prince Henri L-1724 Luxembourg Grand Duchy of Luxembourg (Address of principal executive office)   Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F   ☒     Form 40-F   ☐ Spotify Technology S.A. Interim condensed consolidated financial statements For the three months ended March 31, 2025 Table of contents       Page PART I - FINANCIAL INFORMATION     Item 1. Financial Statements   1 Interim condensed consolidated statement of operations   1 Interim condensed consolidated statement of comprehensive income   2 Interim condensed consolidated statement of financial position   3 Interim condensed consolidated statement of changes in equity   4 Interim condensed consolidated statement of cash flows   5 Notes to the interim condensed consolidated financial statements   6 Item 2. Management ’ s Discussion and Analysis of Financial Condition and Results of Operations   24 Item 3. Quantitative and Qualitative Disclosures About Market Risk   35 PART II - OTHER INFORMATION     Item 1. Legal Proceedings   38 Item 1A. Risk Factors   38 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds   38 Item 3. Defaults Upon Senior Securities   38 Item 5. Other Information   38 Signatures   39 Table of Contents PART I - FINANCIAL INFORMATION Item 1. Financial Statements Interim condensed consolidated statement of operations (Unaudited) (in € millions, except share and per share data)       Three months ended March 31, Note 2025 2024 Revenue 20 4,190  3,636  Cost of revenue 2,864  2,632  Gross profit 1,326   1,004   Research and development 379  389  Sales and marketing 314  324  General and administrative 124  123  817   836   Operating income 509   168   Finance income 4 71  59  Finance costs 4 (252) (53) Finance (cost)/income - net (181) 6   Income before tax 328   174   Income tax expense/(benefit) 5 103  (23) Net income attributable to owners of the parent 225   197   Earnings per share attributable to owners of the parent Basic 6 1.10  0.99  Diluted 6 1.07  0.97  Weighted-average ordinary shares outstanding Basic 6 204,467,927  198,025,456  Diluted 6 210,243,478  203,773,043    The accompanying notes are an integral part of the interim condensed consolidated financial statements. -1- Table of Contents Interim condensed consolidated statement of comprehensive inc

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