Spotify Spotify Technology is a provider of commercial music streaming services that offer digital content from a range of record labels and artists. | |||
Founding Date | Founding Date 2000 | Founding Date 2006 | Founding Date 2007 |
Type | Type Subsidiary | Type Public | Type Public |
Tags | |||
Locations | Locations Oakland, US HQ Atlanta, US Birmingham, US Chicago, US Dallas, US New York, US Santa Monica, US | Locations Stockholm, SE HQ Sydney, AU Brussels, BE Toronto, CA København, DK Helsinki, FI Paris, FR see more | Locations Paris, FR HQ Itaim Bibi, BR Berlin, DE Ciudad De México, MX Amsterdam, NL Singapore, SG Barcelona, ES see more |
Employees | Employees 1,622 | Employees 7,2422% decrease | Employees 5852% decrease |
Valuation ($) | Valuation ($) N/A | Valuation ($) 67.5 b | Valuation ($) 244.4 m |
Financial | |||
Revenue (est.) | Revenue (est.) $1.5b (FY, 2017) | Revenue (est.) €13.2b (FY, 2023) | Revenue (est.) €484.7m (FY, 2023) |
Cost of goods | Cost of goods $967.1m (FY, 2017) | Cost of goods €9.6b (FY, 2023) | Cost of goods €393.2m (FY, 2023) |
Gross profit | Gross profit $499.7m (FY, 2017) | Gross profit €3.7b (FY, 2023) | Gross profit €91.4m (FY, 2023) |
Net income | Net income ($518.4m) (FY, 2017) | Net income (€532m) (FY, 2023) | Net income (€59.6m) (FY, 2023) |
Operating ⚠ | |||
Active Users | Active Users 71.4 m (Q2, 2018) | Active Users N/A | Active Users 14 m (Aug, 2018) |
Countries | Countries N/A | Countries 184 (FY, 2022) | Countries 180 (Aug, 2018) |
Tracks | Tracks 40 m (Q4, 2016) | Tracks 70 m (FY, 2020) | Tracks 5 m (Aug, 2018) |
Funding | |||
Total funding raised | Total funding raised $ 750.4m | Total funding raised $ 2.6b | Total funding raised $ 531.8m |