SPOTNEUTRAL

Revenue Growth (YoY)

8.2%

Higher than 39% of Communication Services sector peers

Updated 94h ago

Sector Performance

39th percentile

SPOT

8.2%

Sector Median

12.1%

Sector Avg

15.6%

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Deep Analysis

Revenue growth (year-over-year) compares a company’s current quarterly revenue to the same quarter last year, showing how fast sales are increasing; Spotify’s current rate of 8.2% means its revenue rose by that much versus a year ago.

This figure sits below the sector median of 12.1%, placing the company in the 39th percentile among its Communication Services peers—indicating it is growing slower than most competitors. Trend data is limited: the year-over-year change is not available, but quarter-over-quarter revenue growth fell by 18.0%, meaning the most recent quarter’s revenue was notably lower than the prior quarter. The combination of below-median growth and a sharp quarterly decline suggests near-term revenue momentum is weakening, which raises the risk of continued underperformance. This metric does not support a bullish case and instead aligns with the overall NEUTRAL verdict, as the moderate growth level is offset by the negative quarter-over-quarter signal leaving no clear catalyst for outperformance.

Frequently Asked Questions

What does the Revenue Growth (YoY) tell investors about SPOT?

Year-over-year revenue acceleration is one of the strongest signals of business momentum. Sustained >15% growth is rare and typically re-rated by the market.

How is the Revenue Growth (YoY) calculated?

Revenue Growth (YoY) is calculated as: (Revenue_t - Revenue_t-4) / Revenue_t-4.

How does SPOT's Revenue Growth (YoY) compare to its sector?

SPOT's Revenue Growth (YoY) of 8.2% compares to a Communication Services sector median of 12.1%, placing it in the 39th percentile.

Who are SPOT's closest peers by Revenue Growth (YoY)?

The closest Communication Services peers by Revenue Growth (YoY) include: SNAP (12.1%), NYT (12.0%), NFLX (16.2%), DIS (6.5%), PINS (17.8%).

The Formula

(Revenue_t - Revenue_t-4) / Revenue_t-4

Why It Matters

Year-over-year revenue acceleration is one of the strongest signals of business momentum. Sustained >15% growth is rare and typically re-rated by the market.