• Spotify Technology average net profit margin for 2023 was -6.12%, a 401.64% decline from 2022.
• Spotify Technology average net profit margin for 2022 was -1.22%, a 55.64% increase from 2021.
• Spotify Technology average net profit margin for 2021 was -2.75%, a 47.72% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.