{
  "docId": "019dd923-5efe-75c0-8dff-1d4dc0c0abfb",
  "docSlug": "d662fc26fcd3802e",
  "documentTitle": "2025 Q2 Shareholder Deck",
  "authorId": "Spotify",
  "authorName": "Spotify",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.777,
  "pageNumber": 22,
  "pageCount": 37,
  "prevPage": 21,
  "nextPage": 23,
  "slideType": "kpi_dashboard",
  "function": "summarize",
  "density": "balanced",
  "nDataPoints": 5,
  "notes": "The slide includes specific assumptions regarding foreign exchange, regulatory charges, and social charges.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "data_table"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5efe-75c0-8dff-1d4dc0c0abfb/22",
  "deckHref": "/decks/019dd923-5efe-75c0-8dff-1d4dc0c0abfb",
  "deckJsonHref": "/decks/019dd923-5efe-75c0-8dff-1d4dc0c0abfb.json",
  "deckAnchorHref": "/decks/019dd923-5efe-75c0-8dff-1d4dc0c0abfb#slide-22",
  "components": [
    {
      "bbox": null,
      "kind": "metric",
      "text": "Total Revenue: €4.2 billion",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-832b-73b4-83bb-d28d29b9f29a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.7,
        "x": 0.05,
        "y": 0.17
      },
      "kind": "subtitle",
      "text": "The following forward-looking statements reflect Spotify's expectations for Q3 2025 as of July 29, 2025 and are subject to substantial uncertainty.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6cfb8167-cacb-47b3-8465-e53961089943",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.9,
        "x": 0.05,
        "y": 0.3
      },
      "kind": "table",
      "text": "Total MAUs: 710 million; Total Premium Subscribers: 281 million; Total Revenue: €4.2 billion; Gross Margin: 31.1%; Operating Income: €485 million",
      "attrs": null,
      "subkind": "kpi",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "40809695-3618-4de1-9fae-0bb8a774de96",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.25,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Outlook for Q3'25",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "975c2cd8-1f13-42e2-ae55-2db4571bd77d",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Chunking",
      "slug": "chunking",
      "agent": "Architect",
      "layer": "loop",
      "matchId": "019debd2-6e77-77ae-b491-4631bb28b853",
      "evidence": "Outlook chunked into Users Financials Assumptions",
      "confidence": 60
    },
    {
      "name": "Annotation",
      "slug": "annotation",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "019debd2-6e56-74cd-9943-efd91ea61c6d",
      "evidence": "Guidance metrics with FX and social charge assumptions footnoted",
      "confidence": 70
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 22,
      "from": 21,
      "beatId": "019debd2-6862-739a-9825-f4675762df96",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Action (Now What)",
      "beatSlug": null,
      "evidence": "Q3 25 outlook with specific guidance metrics",
      "position": 3,
      "confidence": 60,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}