Financial Results

Spotify subscribers hit 252 million in Q3 2024, a 12% increase year on year, according to its recently released Q3 2024 financial results. Monthly Active Users (MAU) increased 11% to 640 million. Key financial results in Q3 2024 Monthly Active Users grew 11% year on year to 640 million with net additions of 14 million which was 1 million ahead of guidance Subscribers grew 12% year on year to 252 million. Net additions of 6 million were […]

Spotify subscribers hit 236 million in Q4 2023, a 15% increase year on year, according to its recently released Q4 2023 financial results. Monthly Active Users (MAU) increased 23% to 602 million. Key financial results in Q4 2023 Monthly Active Users grew 23% year on year 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% year on year to […]

Spotify subscribers hit 205 million in Q4 2022, a 14% increase year on year, according to its recently released Q4 2022 financial results. Monthly Active Users (MAU) increased 20% to 489 million. Revenue of €3166 million was up 18% year on year in the quarter. The streamer also showed strong growth in its ad-supported revenue of €449 million up 14% from a year before led by Podcasting gains. Despite these impressive growth figures the company continues […]

Spotify subscribers hit 180 million in Q4 2021, a 16% increase year on year, according to its recently released Q4 2021 financial results. Monthly Active Users (MAU) increased 18% to 406 million. Revenue of €2,689 million was up 24% year on year in the quarter despite the impact of the COVID-19 pandemic. The streamer also showed strong growth in its advertising revenue of €394 million up 40% from a year before. The company posted a […]

Spotify subscribers hit 172 million in Q3 2021, a 19% increase year on year, according to its recently released Q3 2021 financial results. Monthly Active Users (MAU) increased 19%% to 381 million. Revenue of €2,501 million was up 27% year on year in the quarter despite the impact of the COVID-19 pandemic. The streamer also showed strong growth in its advertising revenue of €323 million up 75% from a year before. The company posted a […]