Spotify revenue 2016 to 2024 ($mm) Spotify revenue 2016 to 2023 ($bn) YearRevenue (€bn) 20162.94 20174.62 20185.25 20196.76 20207.88 20219.66 202211.72 202313.24 Sources:Music App Report, Company data Spotify Profit Spotify has not reported an annual net profit in all the years it has been pu...
Spotify generated revenue of €845 million through ad-supported users in the first half of 2024. Of that, €456 million was generated in Q2, while €389 million was generated in Q1. Meanwhile, Spotify recorded a total revenue of €1.681 billion through ad-supported users in 2023. Here ...
Total revenue grew 14% year-over-year to €3.0 billion, below Spotify’s expectation of €3.1 billion “due to macro-related variability in our advertising business.” The company reported a Q1 operating loss of €156 million, which was better than the projected €194 million, helped by lowe...
With digital streaming music revenue in the United States surpassing 5.6 billion U.S. dollars in 2017, Spotify is strongly positioned to take advantage of the expanding North American streaming market. Read more Spotify's net income/loss from 2009 to 2023 (in million euros) ...
and collecting societies that represent songwriters,” according to the announcement, which also states that those entities “are seeing more than 2x the revenue ($5.5B in 2022) in the streaming era than they ever had in the CD/sales era ($2.5B in 2001), per the Global Value of...
The $9 billion in royalties— an amount paid for both recorded music and publishing rights — likely makes Spotify the single-largest source of music revenue globally. YouTube paid out $6 billion to rights holders in the last 12 months, the company announced on Feb. 1. Apple is a...
Number of Employees (2023):9123 Type:Public Ticker Symbol:SPOT Annual Revenue (2023):$ 14.33 Billion Profit | Net income (2023):-$0.57 Billion Products & Services:Online music Competitors:Apple iTunes Store|Amazon Music|Google Play| Pandora ...
When evaluated on a constant currency basis, Total Revenue displayed even more impressive growth, surging by 17% year-on-year compared to the 14% growth reported in Q2 2023. Innovative Features and Expansion: Spotify isn’t just about numbers; it continues to innovate and expand...
Here are a few of the most interesting Spotify statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available. ...
Spotify said the business had "performed well" in the quarter, "led by healthy subscriber gains, improved monetization and record strength in profitability." "Overall, we are encouraged by the strong start to the year," the company said in its earnings report. Revenue grew 20 percent year-on...