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 November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/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 November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/statistics/245137/spotifys-cost-of-goods-sold/ (last visited November 10, 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.ezproxy.canberra.edu.au/statistics/245137/spotifys-cost-of-goods-sold/
