Spotify
SPOT
$281.23
Share price
-7.28%
Change (1 day)
113.94%
Change (1 year)
Categories
Operating Margin for Spotify (SPOT)
Operating Margin as of April 2024 (TTM): -6.08%
According to Spotify's latest financial reports and stock price the company's current Operating Margin is -6.08%. At the end of 2022 the company had an Operating Margin of -3.16%.
Operating Margin history for Spotify from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -3.16% | -222.5% |
| 2021 | 2.58% | -128.62% |
| 2020 | -9.00% | 364.57% |
| 2019 | -1.94% | -41.13% |
| 2018 | -3.29% | -89.09% |
| 2017 | -30.15% | 66.34% |
| 2016 | -18.12% | 56.26% |
| 2015 | -11.60% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Perion Network PERI | 18.85% | -410.03% | 🇮🇱 Israel |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.