Spotify Technology S.A. (SPOT)
About Spotify Technology S.A.
Spotify is the leading global music streaming service, with over 750 million monthly active users and nearly 300 million paying subscribers, with the latter constituting the firm's premium segment. Most of the firm's revenue and nearly all its gross profit come from subscribers, who pay a monthly fee to access a music library that includes most of the most popular songs ever recorded, including all from the major record labels. The firm also offers access to audiobooks and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog, but cannot customize a similar on-demand experience.
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Financial summary
- Market cap
- $99.2B
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $99.2B
- Shares outstanding
- 173.4M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Apr 3, 2018
Spotify Technology S.A. (SPOT) Stock Price
- Trading 23% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Spotify Technology S.A.: frequently asked questions
Is Spotify Technology S.A. an American company?
No — Spotify Technology S.A. is not an American company. Spotify Technology S.A. is incorporated in Luxembourg. It maintains US operations and its shares trade on NYSE — which is why it is often mistaken for a US company.
Where is Spotify Technology S.A. incorporated?
Spotify Technology S.A. is legally incorporated in Luxembourg, according to its GLEIF legal-entity record.
Is Spotify Technology S.A. traded on a US stock exchange?
Yes — Spotify Technology S.A. trades under the ticker SPOT on the NYSE. A US stock listing does not by itself make a company American — incorporation and ownership are what this page reports.
Is Spotify Technology S.A. publicly traded?
Yes — Spotify Technology S.A. is a publicly traded company. Its stock trades under the ticker symbol SPOT on the NYSE.
What does Spotify Technology S.A. do?
Spotify Technology S.A. is an American Telecom company in the Technology & Electronics sector.
When was Spotify Technology S.A. founded?
Spotify Technology S.A. was founded in 2007.
