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SPOT

Spotify Technology S.A.

Stock

$472.89−18.51 (−3.77%)Close Oct 2, 2026

Research and development, 2025
€1.4B
YoY, 2025
−6.3%
5-year CAGR
+10.7%

Research and development

Research and development by fiscal year

PeriodR&DYoY
2025€1.4B−6.3%
2024€1.5B−13.9%
2023€1.7B+24.4%
2022€1.4B+52.1%
2021€912M+9.0%
2020€837M+36.1%
2019€615M+24.7%
2018€493M+24.5%
2017€396M+91.3%
2016€207M—