NYSE$SPOT

Spotify Technologies SA · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

SPOT Q2 2024 — €578.0M revenue

Interim results are not necessarily indicative of the results for a full year. Spotify Technologies SA reported Q2 2024 results. Headline numbers extracted from the Form 6-K press release; narrative is light because this row was processed without an LLM call.

  • Revenue: €578.0M.
  • Gross profit: €1K.
  • Filed on Form 6-K (accession 0001639920-24-000009).

Headline financials

Total Revenue

$4.1B

Previous: $3.46B+18.3%
EPS (adj)

$1.43

Previous: -$1.69+184.6%
Capital Expenditures

-$2.04M

No prior period
Net Income

$295M

No prior period
Operating Income

$286M

No prior period
Gross Profit

$1.19B

No prior period
R&D Expense

$400M

No prior period

Revenue & EPS history

Spotify · Revenue · Quarterly

$4.1B

Q2 2024+18.3%vs Q2 2023
Beat estimate in 5 of 12 quarters(42%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-0.8%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+0.7%

Avg return

30 days after

42%

14 / 33 earnings

Positive

+18.1%

Q4 2022

Best reaction

-21.5%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-12.4%-11.0%+4.0%
Q1 2026-12.3%-11.0%+4.0%
Q3 2025-2.1%-4.2%-12.9%
Q2 2025-11.5%-10.5%-1.9%
Q1 2025-3.5%+7.7%+6.5%
Q4 2024+13.2%+13.5%-1.0%
Q3 2024+13.9%+11.7%+17.0%
Q2 2024+13.9%+8.9%+15.8%
Q1 2024+3.3%+6.4%+10.4%
Q4 2023+7.9%+7.8%+21.1%
Q3 2023+4.7%+3.1%+17.2%
Q2 2023-8.9%-9.2%-17.1%
Q1 2023+1.3%+1.6%+12.3%
Q4 2022+18.1%+21.2%+18.5%
Q3 2022-10.8%-11.9%-17.3%
Q2 2022+10.2%+10.9%+5.1%
Q1 2022-7.0%-1.4%+2.3%
Q4 2021-21.5%-15.8%-33.6%
Q3 2021+14.6%+19.3%-0.5%
Q2 2021-4.9%-3.6%-4.6%
Q1 2021-10.5%-15.4%-17.5%
Q4 2020-8.8%-6.2%-20.3%
Q3 2020-13.1%-14.3%+0.5%
Q2 2020-2.0%-4.8%+4.6%
Q1 2020+8.4%+4.0%+29.4%
Q4 2019+0.0%-3.9%-5.9%
Q3 2019+12.7%+21.7%+18.4%
Q2 2019+0.3%-3.4%-13.0%
Q1 2019-1.8%-1.5%-9.1%
Q4 2018-5.9%-1.1%+0.6%
Q3 2018-7.1%-4.7%-8.9%
Q2 2018-0.9%-2.7%+2.3%
Q1 2018-2.7%-9.0%-3.4%
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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