2012 to 2022 data recalculated by Statista on basis of restated Spotify figures, 2011 data published via The Guardian in November 2014. Cost of revenue does not solely refer to royalty fees paid out to artists.
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Spotify. (February 6, 2024). Share of Spotify's cost of revenue from 2011 to 2023 [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/370618/spotifys-cost-of-goods-sold-share/
Spotify. "Share of Spotify's cost of revenue from 2011 to 2023." Chart. February 6, 2024. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/370618/spotifys-cost-of-goods-sold-share/
Spotify. (2024). Share of Spotify's cost of revenue from 2011 to 2023. Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/370618/spotifys-cost-of-goods-sold-share/
Spotify. "Share of Spotify's Cost of Revenue from 2011 to 2023." Statista, Statista Inc., 6 Feb 2024, https://www.statista.com/statistics/370618/spotifys-cost-of-goods-sold-share/
Spotify, Share of Spotify's cost of revenue from 2011 to 2023 Statista, https://www.statista.com/statistics/370618/spotifys-cost-of-goods-sold-share/ (last visited December 12, 2024)
Share of Spotify's cost of revenue from 2011 to 2023 [Graph], Spotify, February 6, 2024. [Online]. Available: https://www.statista.com/statistics/370618/spotifys-cost-of-goods-sold-share/