SPOT

Spotify Technology SA
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SPOT

Arincen74/100B

Spotify Technology SA company profile

CEO
Alex Norström
Employees
7,000
Headquarters
Regeringsgatan 19, Stockholm, AB 111 53, SE
Sector
Communication Services
Industry
Internet Content & Information
IPO date
3 Apr 2018
Stock exchange
NYSE
ISIN
LU1778762911

Website:open.spotify.com

About the company

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.

Employees

Spotify Technology SA had about 7,287 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 5.3% fewer than a year before.

Employees Change on the year
Fiscal yearEmployeesChange on the yearRevenue per employeeNet income per employee
FY20257,287-5.25%2.36M EUR303.55K EUR
FY20247,691-15.70%2.04M EUR147.97K EUR
FY20239,123+9.14%1.45M EUR-58.31K EUR
FY20228,359+26.33%1.40M EUR-51.44K EUR
FY20216,617+18.50%1.46M EUR-5.14K EUR
FY20205,584+26.77%1.41M EUR-104.05K EUR
FY20194,405+20.65%1.54M EUR-42.22K EUR
FY20183,651—1.44M EUR-21.36K EUR

Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.

Who owns Spotify Technology SA

Institutions such as funds, banks and insurers held 66.0% of Spotify Technology SA's shares on 30 June 2026, 1,343 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.

Institutions 66.0%Other shareholders 34.0%

Shares free to trade

Free float 157.05M shares ·76.4% Closely held 48.48M shares ·23.6%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Common questions about Spotify Technology SA

Source: Financial Modeling PrepVerified against SEC filings