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Spotify Technology (Spotify Technology) Pre-Tax Income : $-137 Mil (TTM As of Mar. 2024)


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What is Spotify Technology Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Spotify Technology's pretax income for the three months ended in Mar. 2024 was $189 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-137 Mil. Spotify Technology's pretax margin was 4.79%.

During the past 9 years, Spotify Technology's highest Pretax Margin was 2.58%. The lowest was -30.15%. And the median was -3.81%.


Spotify Technology Pre-Tax Income Historical Data

The historical data trend for Spotify Technology's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spotify Technology Pre-Tax Income Chart

Spotify Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only -145.56 -862.53 281.36 -391.95 -550.71

Spotify Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -220.56 -261.11 77.91 -142.86 189.13

Competitive Comparison of Spotify Technology's Pre-Tax Income

For the Internet Content & Information subindustry, Spotify Technology's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spotify Technology's Pre-Tax Income Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Spotify Technology's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Spotify Technology's Pre-Tax Income falls into.



Spotify Technology Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Spotify Technology's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-486.369+-165.758+-53.435+142.857+11.996
=-551

Spotify Technology's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=182.609+0+-57.609+64.13+0
=189

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-137 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Spotify Technology  (NYSE:SPOT) Pre-Tax Income Explanation

Spotify Technology's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=189.13/3952.174
=4.79%

During the past 9 years, Spotify Technology's highest Pretax Margin was 2.58%. The lowest was -30.15%. And the median was -3.81%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Spotify Technology Pre-Tax Income Related Terms

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Spotify Technology (Spotify Technology) Business Description

Address
5, Place de la Gare, Luxembourg, LUX, L-1616
Spotify, headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with 489 million total listeners. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 87% and 13% of Spotify's 2022 total revenue, respectively.

Spotify Technology (Spotify Technology) Headlines

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