Tag: investor relations

Spotify rapporterar intäkter för första kvartalet i 2024

April 23, 2024

Idag publicerar Spotify sina finansiella resultat för första kvartalet 2024. Året har inletts stabilt: 

  • Månatliga aktiva användare ökade med 19 % jämfört med föregående år och uppgick till 615 miljoner.
  • Antalet premiumanvändare ökade med 14 % jämfört med föregående år och uppgick till 239 miljoner.
  • De totala intäkterna ökade med 20 % jämfört med föregående år och uppgick till 3,6 miljarder euro. 
  • Bruttomarginalen uppgick till 27,6 %.
  • Rörelseresultatet uppgick till 168 miljoner euro.

– Vi har talat om 2024 som ett år med fokus på intäktsgenerering och vi levererar nu på den ambitionen. När vi nu har skiftat fokus mot stark intäktstillväxt och förbättrad marginal ser vi tydliga möjligheter att även fortsätta växa intagandet av nya användare. Jag känner mig nöjd med de förändringar vi implementerar och är övertygad om att vi ska nå de ambitiösa planer som vi tidigare har presenterat, kommenterar Daniel Ek, grundare och VD på Spotify.

Vill du veta mer? Klicka här för att ta del av hela den finansiella pressreleasen, och lyssna gärna på vår Q&A-webcast på IR-sajten här.

Spotify Reports First Quarter 2024 Earnings

April 23, 2024

Today, we announced our first quarter 2024 earnings. In a solid start to the year, Spotify reported…

  • Monthly Active Users grew 19% Y/Y to 615 million.
  • Subscribers increased 14% Y/Y to 239 million.
  • Total Revenue was up 20% Y/Y to €3.6 billion.
  • Gross Margin reached 27.6%.
  • Operating Income improved to €168 million.

“We’ve talked about 2024 as the year of monetization and we’re delivering on that ambition,” said Spotify co-founder and CEO Daniel Ek. “Now as we’ve shifted to focus on strong revenue growth and margin expansion, we see a clear opportunity to ensure we are also continuing to grow the top of our funnel. I feel good about the changes we are implementing and remain very confident in our ability to reach the ambitious plans we’ve outlined.”

Interested in hearing more? Click here to review the full earnings release, and listen to the webcast Q&A on our Investor Relations site here.

Spotify Reports Fourth Quarter 2023 Earnings

February 6, 2024

Today, we announced our fourth quarter 2023 performance. The business delivered strong results in Q4, as all of our KPIs met or exceeded guidance. With revenue and profitability trends both inflecting favorably heading into 2024, we view the business as well positioned to deliver improving growth and profitability. 

  • 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. Q4 net additions of 10 million contributed to a record full year of net additions of 31 million.
  • Total Revenue grew 16% Y/Y to €3.7 billion.
  • Gross Margin finished at 26.7%.
  • Operating Loss was (€75) million for the quarter, which was better than our updated guidance.

In addition, we completed our 9th annual Wrapped Campaign, drawing in more than 225 million MAU. Our user engagement grew more than 40% y/y across 170 markets.

We also proudly incorporated more than 200,000 audiobook titles into our premium offering within the United States. 

Interested in hearing more? Click here to review the full earnings release and listen to the webcast Q&A on our Investor Relations site here. 

Click below to check out a sizzle reel of audio trailers from a few of our recent original and exclusive podcasts and audiobook offerings. 

Spotify Reports First Quarter 2023 Earnings

April 25, 2023

Today, Spotify announced our first quarter 2023 financial performance, showing outperformance across nearly all key performance metrics. Take a look at the highlights below:




We had our strongest Q1 since going public in 2018, with nearly all our KPIs surpassing expectations:

  • Monthly Active Users grew by 22% year-over-year to 515 million driven by strength in both developed and developing markets, and nearly all age groups. 
  • Premium Subscribers grew 15% year-over-year to 210 million with outperformance across all regions, led by Europe and Latin America.
  • Total Revenue grew 14% year-over-year to €3.0 billion, led by Subscriber gains.
  • Gross Margin finished at 25.2%, reflecting improved music and podcast profitability.
  • Operating (Loss)/Income finished at €(156) million, aided by lower marketing spend.

Interested in hearing more? Click here to review the full earnings release and listen to the webcast Q&A on our Investor Relations site here. 

Click below to check out a sizzle reel of audio trailers from a few of our recent original and exclusive podcasts.

Spotify Reports Fourth Quarter 2022 Earnings

January 31, 2023

Q4 Earnings GIF

Today, Spotify announced our fourth quarter 2022 financial performance. Click here to review the full earnings release, and take a look at the highlights below:


Interested in hearing more? You can listen to the webcast Q&A on our Investor Relations site here. 

Click below to check out a sizzle reel of audio trailers from a few of our recent original and exclusive podcasts. 

Hear from our CEO, Daniel Ek, CFO, Paul Vogel, and Co-President and Chief Business Officer Alex Norström as they talk about our progress this quarter, including topping 200m Premium subscribers, and what they’re excited about in the coming months on Spotify: For the Record.

Spotify Reports Second Quarter 2020 Earnings

July 29, 2020

Today, we (NYSE: SPOT) announced our second quarter 2020 financial performance. Click here to review the full earnings release, and take a look at the highlights below:

Interested in hearing more? You can listen to the webcast Q&A on the IR site here. Instead of the typical “hold” music, check out our sizzle reel of audio trailers from a few of our original and exclusive podcasts. Click below to listen