Spotify Technology (LTS:0SPT) Research & Development : €1,578 Mil (TTM As of Sep. 2024)

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What is Spotify Technology Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Spotify Technology's Research & Development for the three months ended in Sep. 2024 was €342 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was €1,578 Mil.

Spotify Technology Research & Development Historical Data

The historical data trend for Spotify Technology's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Spotify Technology Research & Development Chart

Spotify Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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615.00

837.00

912.00

1,387.00

1,725.00

Spotify Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Research & Development	Get a 7-Day Free Trial															369.00	468.00	389.00	379.00	342.00

Spotify Technology Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,578 Mil.

Spotify Technology (LTS:0SPT) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Spotify Technology Research & Development Related Terms

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Spotify Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (LTS:0SPT) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

SPOT:USA SPOT:Mexico 1SPOT:Italy 639:Germany S1PO34:Brazil SPOT:Austria

Address

5, Place de la Gare, Luxembourg, LUX, L-1616

Website

https://www.spotify.com

Spotify is the leading global music streaming service provider, with over 600 million monthly active users and 250 million paying subscribers, with the latter comprising the firm's premium segment. most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a very comprehensive music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions 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.

Spotify Technology Headlines

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