Data on Spotify's cost of goods sold from 2012 to 2023, which is mostly comprised of the music streaming company's licensing expenses, revealed that the company's cost of sales amounted to 9.8 billion U.S. dollars in 2023, more than six billion greater than the figure recorded five years earlier.
Spotify's cost of goods sold from 2012 to 2023
(in million euros)
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Spotify. (February 6, 2024). Spotify's cost of goods sold from 2012 to 2023 (in million euros) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/
Spotify. "Spotify's cost of goods sold from 2012 to 2023 (in million euros)." Chart. February 6, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/
Spotify. (2024). Spotify's cost of goods sold from 2012 to 2023 (in million euros). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/
Spotify. "Spotify's Cost of Goods Sold from 2012 to 2023 (in Million Euros)." Statista, Statista Inc., 6 Feb 2024, https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/
Spotify, Spotify's cost of goods sold from 2012 to 2023 (in million euros) Statista, https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/ (last visited December 21, 2024)
Spotify's cost of goods sold from 2012 to 2023 (in million euros) [Graph], Spotify, February 6, 2024. [Online]. Available: https://www.statista.com/statistics/245137/spotifys-cost-of-goods-sold/
