SPOT
Spotify Technology SA
NYSE: SPOT · COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION
$443.57
+2.16% today
Updated 2026-04-29
Market cap
$106.65B
P/E ratio
42.18
P/S ratio
6.21x
EPS (TTM)
$12.28
Dividend yield
—
52W range
$405 – $785
Volume
2.1M
Spotify Technology SA (SPOT) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
3 of 8
Last 8 quarters
Avg EPS surprise
-24.9%
Last 4 quarters
Revenue YoY growth
—
Most recent quarter
EPS YoY growth
-100.0%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
-1.0%
Last 4 reports
Positive reaction rate
25%
1 of 4 quarters
Largest single-day move
+17.4%
2026-02-10
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-04-28 | $0.00 | -100.0% | $495.82 | $443.57 | -10.5% |
| 2026-02-10 | $4.43 | +59.4% | $414.84 | $487.17 | +17.4% |
| 2025-11-04 | $3.28 | +62.4% | $644.09 | $620.00 | -3.7% |
| 2025-07-29 | $-0.42 | -121.2% | $700.98 | $650.47 | -7.2% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2026-03-31 | $2.94 | $0.00 | -100.0% | — | — |
| 2025-12-31 | $2.78 | $4.43 | +59.4% | $4.53B | +6.8% |
| 2025-09-30 | $2.02 | $3.28 | +62.4% | $4.27B | +7.1% |
| 2025-06-30 | $1.98 | $-0.42 | -121.2% | $4.19B | +10.1% |
| 2025-03-31 | $2.33 | $1.07 | -54.1% | $4.19B | +15.2% |
| 2024-12-31 | $2.06 | $1.76 | -14.6% | $4.24B | +15.6% |
| 2024-09-30 | $1.66 | $1.45 | -12.7% | $3.99B | +18.8% |
| 2024-06-30 | $1.06 | $1.33 | +25.5% | $3.81B | — |
| 2024-03-31 | $0.63 | $0.97 | +54.0% | $3.64B | — |
| 2023-12-31 | $-0.18 | $-0.36 | -100.0% | $3.67B | — |
| 2023-09-30 | $-0.19 | $0.33 | +273.7% | $3.36B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $13.26 | $19.9B | +15.7% | 27 | high |
| 2027 (E) | $16.58 | $22.6B | +13.8% | 27 | high |
| 2028 (E) | $20.15 | $25.9B | +14.5% | 27 | medium |
| 2029 (E) | $23.80 | $29.3B | +13.0% | 27 | medium |
| 2030 (E) | $27.50 | $32.8B | +12.2% | 27 | medium |
Frequently asked questions
Has Spotify Technology SA beaten earnings estimates?
Spotify Technology SA has beaten Wall Street EPS estimates in 3 of its last 8 quarterly reports, with an average EPS surprise of -24.9% over the last 4 quarters.
How does SPOT stock react to earnings?
SPOT stock has moved an average of -1.0% in the trading day following earnings over its last 4 reports, with positive reactions in 25% of those quarters.
What is the expected EPS for SPOT in 2026?
Analysts expect Spotify Technology SA to report EPS of $13.26 for fiscal year 2026, on revenue of $19.9B, based on estimates from 27 analysts.