v3.25.0.1
Segment information (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of operating segments [abstract]  
Summary of Key Financial Performance Measures of Segments Including Revenue, Cost of Revenue, and Gross Profit
Key financial performance measures of the segments including revenue, cost of revenue, and gross profit are as follows:
202420232022
(in € millions)
Premium
Revenue13,819 11,566 10,251 
Cost of revenue9,324 8,231 7,355 
Gross profit4,495 3,335 2,896 
Ad-Supported
Revenue1,854 1,681 1,476 
Cost of revenue1,625 1,619 1,446 
Gross profit229 62 30 
Consolidated
Revenue15,673 13,247 11,727 
Cost of revenue10,949 9,850 8,801 
Gross profit4,724 3,397 2,926 
Summary of Reconciliation Between Reportable Segment Gross Profit to Group’s Income/(Loss) Before Tax The reconciliation between reportable segment gross profit to the Group’s income/(loss) before tax is as follows:
202420232022
(in € millions)
Segment gross profit4,724 3,397 2,926 
Research and development(1,486)(1,725)(1,387)
Sales and marketing(1,392)(1,533)(1,572)
General and administrative(481)(585)(626)
Finance income328 161 421 
Finance costs(352)(220)(132)
Income/(loss) before tax1,341 (505)(370)
Summary of Revenue and Non-current Asset by Geographic Country
Revenue by country
202420232022
(in € millions)
United States6,136 5,225 4,712 
United Kingdom1,483 1,230 1,113 
Luxembourg10 9 7 
Other countries8,044 6,783 5,895 
Total15,673 13,247 11,727 
Non-current assets for this purpose consist of property and equipment and lease right-of-use assets.
202420232022
(in € millions)
Sweden67 84 142 
United States270 387 529 
Other countries77 76 94 
Total414 547 765