In the second quarter of 2021, music streaming service Spotify was operating at an income of 12 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. However, in the second quarter of 2022, the company operated at a loss of 194 million euros.
Operating income/loss of Spotify worldwide from 1st quarter 2017 to 2nd quarter 2022
(in million euros)
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Spotify. (August 1, 2022). Operating income/loss of Spotify worldwide from 1st quarter 2017 to 2nd quarter 2022 (in million euros) [Graph]. In Statista. Retrieved August 19, 2022, from https://www.statista.com/statistics/1022122/spotify-operating-income-quarterly/
Spotify. "Operating income/loss of Spotify worldwide from 1st quarter 2017 to 2nd quarter 2022 (in million euros)." Chart. August 1, 2022. Statista. Accessed August 19, 2022. https://www.statista.com/statistics/1022122/spotify-operating-income-quarterly/
Spotify. (2022). Operating income/loss of Spotify worldwide from 1st quarter 2017 to 2nd quarter 2022 (in million euros). Statista. Statista Inc.. Accessed: August 19, 2022. https://www.statista.com/statistics/1022122/spotify-operating-income-quarterly/
Spotify. "Operating Income/Loss of Spotify Worldwide from 1st Quarter 2017 to 2nd Quarter 2022 (in Million Euros)." Statista, Statista Inc., 1 Aug 2022, https://www.statista.com/statistics/1022122/spotify-operating-income-quarterly/
Spotify, Operating income/loss of Spotify worldwide from 1st quarter 2017 to 2nd quarter 2022 (in million euros) Statista, https://www.statista.com/statistics/1022122/spotify-operating-income-quarterly/ (last visited August 19, 2022)