Spotify Technology SA - Company Profile
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Spotify Technology SA (Spotify) is a digital music, podcast, and video streaming service provider. The company's primary activities include providing access to millions of songs and other content from artists all around the world. The company operates through its own platform, accessible on devices such as phones, computers, and tablets. Spotify's major services encompass music streaming, podcast hosting, and audiobook distribution. The company offers various subscription plans, including Family Plan, Student Plan, and Duo Plan. Spotify's services cater to a diverse range of customers, including individual users, families, and students. Spotify has a business presence across Asia, Africa, Europe, North America, and Latin America. Spotify is headquartered in Luxembourg.
Headquarters
Luxembourg
Address
33 Boulevard Prince Henri, Luxembourg, L-1724
Website
www.spotify.com/lu-fr/premium
No of Employees
7,287
Industry
Media
Ticker Symbol & Exchange
SPOT (NYSE)
Revenue (2024)
$19.4B
18.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
313.9%
(2024 vs 2023)
Market Cap*
$98.9B
Net Profit Margin (2023)
XYZ
280.6%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Services | Brands |
|---|---|
| Audio Streaming Service | Spotify |
| Advertising Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In February, the company signed a partnership with SeatGeek to launch official primary tickets directly into the streaming app's concert discovery experience. |
| 2025 | Contracts/Agreements | In December, the company partnered with the ATP Tour to create original tennis content, launching its first On Tour With video episode. |
| 2025 | New Products/Services | In December, the company launched music videos in beta to Premium users in the US and Canada. |
Competitor Comparison
| Key Parameters | Spotify Technology SA | Amazon.com Inc | Apple Inc | Alphabet Inc | Microsoft Corp |
|---|---|---|---|---|---|
| Headquarters | Luxembourg | United States of America | United States of America | United States of America | United States of America |
| City | Luxembourg | Seattle | Cupertino | Mountain View | Redmond |
| State/Province | - | Washington | California | California | Washington |
| No. of Employees | 7,287 | 1,576,000 | 166,000 | 194,668 | 228,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Daniel Ek | Chairman | Executive Board | 2008 | 42 |
| Alex Norstrom | Director; Co-Chief Executive Officer | Executive Board | 2026 | 49 |
| Gustav Soderstrom | Director; Co-Chief Executive Officer | Executive Board | 2026 | 49 |
| Christian Luiga | Chief Financial Officer | Senior Management | 2024 | 57 |
| Dustee Jenkins | Chief Public Affairs Officer | Senior Management | - | 47 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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