As of Q4'25, SPOT reported a net income of $1.17B USD, marking its highest quarterly profit in the period shown. The year-over-year growth rate for net income in this quarter reached 219.89%, indicating a substantial improvement compared to the same quarter in the previous year. From Q1'23 to Q4'25, SPOT's net income trend shifted from significant losses to robust profitability, with notable volatility along the way. After a series of negative quarters through mid-2023, the company turned positive in Q3'23, experienced fluctuations, and then saw accelerating gains from Q2'24 onward. The YoY growth rates also reflect this turnaround, with sharp positive spikes in late 2024 and 2025, highlighting a period of rapid financial improvement and strong earnings momentum.