1 day ago · Premium revenue. In terms of finances, Spotify reports that its Premium subscriber growth translated into Premium revenue of €3.705 billion (USD $3.957bn) in Q4 2024.. Spotify’s Premium revenue was up 19% YoY at constant currency (see below).. Premium revenues were driven by subscriber growth of 11% YoY and a Premium ARPU (Average Revenue Per User) increase of 7% YoY at constant currency ...

1 day ago · Record-breaking user growth and Spotify's first full-year profit since its 2008 inception were the results of its impressive Q4 performance. The CEO is indeed aiming for the stars! The Stockholm-based music streaming giant, Spotify, reported a significant surge in its fourth-quarter earnings for 2024. The number of regular users on the platform ...

1 day ago · Spotify Technology reported its first annual profit on Tuesday and forecast quarterly earnings above Wall Street estimates, as the Swedish audio-streaming giant benefits from strong user growth ...

1 day ago · Operating income finished at a high of €477 million, with Spotify’s first full year of operating income hitting €1.4 billion. Operating expenses declined 16% year over year in Q4.

1 day ago · Spotify matched its best quarter ever for subscriber growth during the fourth quarter of 2024, the Stockholm-based music streaming giant reported on Tuesday morning, while at the same time posting ...

1 day ago · Meanwhile, Spotify reported a fourth quarter profit of 367 million euros ($380 million), or 1.76 euros a share ($1.82). That's up from the prior-year period's loss of 70 million euros, or 36 euro ...

Spotify Technology SPOT13.29%increase; green up pointing triangle reported its first ever full year of profitability, fueled by record user growth and austerity measures after years of heavy ...

Nov 12, 2024 · Today, we announced our third quarter 2024 earnings where we outperformed across key metrics, moving us one step closer to a full year of profitability. Take a look at the highlights below: Monthly Active Users grew 11% Y/Y to 640 million. Subscribers increased 12% Y/Y to 252 million. Total Revenue was up 19% Y/Y to €4 billion.

Jan 28, 2025 · In 2014, the music industry reached a low point when global recorded music revenues hit $13 billion. Spotify’s annual contribution at the time was around $1 billion, with around 15 million paying subscribers. In 2024, Spotify alone paid out a record $10 billion to the music industry—totaling nearly $60 billion since our founding. For a... Read more »

Feb 6, 2024 · Monthly Active Users grew 23% Y/Y to 602 million and 1 million ahead of guidance. Net additions of 28 million represented the second largest Q4 net addition performance in our history. Subscribers grew 15% Y/Y to 236 million. Net additions were 1 million ahead of guidance.