Does Robust Cash Generation Highlight Spotify's Operational Prowess?

Key Takeaways SPOT's Q2 2025 free cash flow increased 8% sequentially and 115% year over year.Gross margins rose to 31.5% on premium and ad-supported growth, up 227 basis points year over year.SPOT's shares surged 109.3% in a year, outpacing Apple's 1.9% and Amazon's 26.6% gains.Spotify Technology S.A.’s (SPOT) rapidly growing free cash flow (“FCF”) highlights its operational strength and prudent capital management strategy. During the second quarter of 2025, SPOT reported FCF of €2.8 billion, up 8% from th ...