Spotify Technology SA (SPOT)
298.12
-4.92
(-1.62%)
USD |
NYSE |
May 16, 16:00
299.22
+1.10
(+0.37%)
Pre-Market: 05:59
Spotify Technology Gross Profit Margin (Quarterly): 27.61% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 27.61% |
| December 31, 2023 | 26.70% |
| September 30, 2023 | 26.36% |
| June 30, 2023 | 24.11% |
| March 31, 2023 | 25.18% |
| December 31, 2022 | 25.30% |
| September 30, 2022 | 24.70% |
| June 30, 2022 | 24.58% |
| March 31, 2022 | 25.22% |
| December 31, 2021 | 26.48% |
| September 30, 2021 | 26.71% |
| June 30, 2021 | 28.44% |
| March 31, 2021 | 25.52% |
| December 31, 2020 | 26.52% |
| September 30, 2020 | 24.76% |
| Date | Value |
|---|---|
| June 30, 2020 | 25.36% |
| March 31, 2020 | 25.54% |
| December 31, 2019 | 25.55% |
| September 30, 2019 | 25.48% |
| June 30, 2019 | 26.03% |
| March 31, 2019 | 24.69% |
| December 31, 2018 | 26.69% |
| September 30, 2018 | 25.30% |
| June 30, 2018 | 25.84% |
| March 31, 2018 | 24.85% |
| December 31, 2017 | 24.54% |
| September 30, 2017 | 22.29% |
| June 30, 2017 | 23.04% |
| March 31, 2017 | 11.64% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
24.11%
Minimum
Jun 2023
28.44%
Maximum
Jun 2021
25.81%
Average
25.53%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Alphabet Inc | 58.14% |
| Meta Platforms Inc | 81.79% |
| Snap Inc | 51.89% |
| Netflix Inc | 46.89% |
| DoorDash Inc | 47.08% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -4.47% |
| Return on Assets | -1.39% |
| Return on Invested Capital | -3.01% |
| Profit Margin (Quarterly) | 5.42% |
| Operating Margin (Quarterly) | 4.62% |
| Return on Net Operating Assets | -4.28% |