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Spotify Technology (Spotify Technology) Research & Development : $1,818 Mil (TTM As of Mar. 2024)


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What is Spotify Technology Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Spotify Technology's Research & Development for the three months ended in Mar. 2024 was $423 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $1,818 Mil.

Spotify Technology Research & Development Historical Data

The historical data trend for Spotify Technology's Research & Development 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 Research & Development Chart

Spotify Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only 683.33 1,018.25 1,030.51 1,469.28 1,881.13

Spotify Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development 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 465.74 490.79 393.81 510.36 422.83

Spotify Technology Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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 $1,818 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) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Spotify Technology Research & Development Related Terms

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Spotify Technology (Spotify Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (NYSE:SPOT) » Definitions » Research & Development
Comparable Companies
DASH BIDU PINS SNAP TME MTCH TWLO ZG IAC ATHM GOOGL META HKSE:00700 XAMS:PRX JSE:NPN HKSE:01024 XKRX:035420 XKRX:035720 ASX:REA OSL:ADE
Traded in Other Exchanges
SPOT:Mexico 1SPOT:Italy 639:Germany 639:Germany S1PO34:Brazil SPOT:Austria
Address
5, Place de la Gare, Luxembourg, LUX, L-1616
Website
https://www.spotify.com
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.