Spotify's R&D costs 2013-2023

Published by Patrick Leu, May 29, 2024

In 2023, global music streaming service Spotify had research and development costs of 1.73 billion euros, up from 1.39 million in the previous year. Costs have been rising for years, and the 2023 figure was more than 22 times higher than the 73 million recorded in 2013.

Research and development costs of Spotify worldwide from 2013 to 2023 (in million euros)

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Release date

February 2024

Region

Worldwide

Survey time period

2013 to 2023

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