Data on Spotify's cost of goods sold from 2012 to 2024, which is mostly comprised of the music streaming company's licensing expenses, revealed that the company's cost of sales amounted to 10.95 billion U.S. dollars in 2024, more than seven billion greater than the figure recorded six years earlier.
Spotify's cost of goods sold from 2012 to 2024
(in million euros)
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Spotify. (February 5, 2025). Spotify's cost of goods sold from 2012 to 2024 (in million euros) [Graph]. In Statista. Retrieved May 03, 2025, from https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/
Spotify. "Spotify's cost of goods sold from 2012 to 2024 (in million euros)." Chart. February 5, 2025. Statista. Accessed May 03, 2025. https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/
Spotify. (2025). Spotify's cost of goods sold from 2012 to 2024 (in million euros). Statista. Statista Inc.. Accessed: May 03, 2025. https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/
Spotify. "Spotify's Cost of Goods Sold from 2012 to 2024 (in Million Euros)." Statista, Statista Inc., 5 Feb 2025, https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/
Spotify, Spotify's cost of goods sold from 2012 to 2024 (in million euros) Statista, https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/ (last visited May 03, 2025)
Spotify's cost of goods sold from 2012 to 2024 (in million euros) [Graph], Spotify, February 5, 2025. [Online]. Available: https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/