Spotify
SPOT
#890
Rank
$19.63 B
Marketcap
$101.65
Share price
1.62%
Change (1 day)
-41.84%
Change (1 year)

Operating Margin for Spotify (SPOT)

Operating Margin as of January 2023 (TTM): -0.59%

According to Spotify's latest financial reports and stock price the company's current Operating Margin is -0.59%. At the end of 2021 the company had an Operating Margin of 2.58%.

Operating Margin history for Spotify from 2017 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20212.58%-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
15.43%-104.29%๐Ÿ‡ฎ๐Ÿ‡ฑ 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.