Spotify Technology SA (SPOT)
471.69
+1.68
(+0.36%)
USD |
NYSE |
Nov 21, 15:05
Spotify Technology Gross Profit Margin (Quarterly): 31.09% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 31.09% |
| June 30, 2024 | 29.21% |
| 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% |
| Date | Value |
|---|---|
| September 30, 2020 | 24.76% |
| 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
31.09%
Maximum
Sep 2024
26.25%
Average
25.55%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Alphabet Inc | 58.68% |
| Meta Platforms Inc | 81.83% |
| Snap Inc | 53.45% |
| Pinterest Inc | 79.13% |
| DoorDash Inc | 49.22% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 20.79% |
| Return on Assets | 7.68% |
| Return on Invested Capital | 15.11% |
| Profit Margin (Quarterly) | 7.52% |
| Operating Margin (Quarterly) | 11.38% |
| Return on Net Operating Assets | 27.66% |