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net-income-chart

SPOT Net Income

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In Q1'26, Spotify's (SPOT) net income reached $733M USD, marking a robust recovery from the previous quarter's $1.17B USD peak in Q4'25 and a significant improvement over the $225M USD reported in Q1'25, with year-over-year growth of 226%. Over the period from Q2'23 to Q1'26, net income exhibited volatile trends, starting with a loss of -$302M USD in Q2'23, followed by fluctuations including a brief profit in Q3'23 ($65M USD) and a dip to -$86M USD in Q2'25, before accelerating into sustained growth with peaks in Q3'24 ($300M USD), Q4'24 ($367M USD), and Q4'25 ($1.17B USD). Year-over-year changes were erratic early on, with negative growth in Q2'23 (-142%) and Q2'25 (-131%), but turned strongly positive from Q3'24 onward, averaging over 200% growth in recent quarters, signaling improving profitability amid operational expansions. The bar chart highlights these swings, while the overlaid YoY line underscores the shift toward consistent positive momentum.