In the first quarter of 2020, music streaming service Spotify was operating at a loss of 17 million euros. The company noted that its operating expenses were lower than planned due to the COVID-19 pandemic, which meant that Spotify slowed down recruitment and spent less than planned on travel, events, and campaigns.
Operating income/loss of Spotify worldwide from 1st quarter 2017 to 1st quarter 2020
(in million euros)
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Spotify. (April 29, 2020). Operating income/loss of Spotify worldwide from 1st quarter 2017 to 1st quarter 2020 (in million euros) [Graph]. In Statista. Retrieved July 14, 2020, from https://www.statista.com/statistics/1022122/spotify-operating-income-quarterly/
Spotify. "Operating income/loss of Spotify worldwide from 1st quarter 2017 to 1st quarter 2020 (in million euros)." Chart. April 29, 2020. Statista. Accessed July 14, 2020. https://www.statista.com/statistics/1022122/spotify-operating-income-quarterly/
Spotify. (2020). Operating income/loss of Spotify worldwide from 1st quarter 2017 to 1st quarter 2020 (in million euros). Statista. Statista Inc.. Accessed: July 14, 2020. https://www.statista.com/statistics/1022122/spotify-operating-income-quarterly/
Spotify. "Operating Income/Loss of Spotify Worldwide from 1st Quarter 2017 to 1st Quarter 2020 (in Million Euros)." Statista, Statista Inc., 29 Apr 2020, https://www.statista.com/statistics/1022122/spotify-operating-income-quarterly/
Spotify, Operating income/loss of Spotify worldwide from 1st quarter 2017 to 1st quarter 2020 (in million euros) Statista, https://www.statista.com/statistics/1022122/spotify-operating-income-quarterly/ (last visited July 14, 2020)
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