Tag: Q1 Earnings

Spotify Reports First Quarter 2025 Earnings

April 29, 2025

Today, we announced our first quarter 2025 earnings, starting the year off strong by outperforming across key metrics, including the highest Q1 Subscriber net adds since 2020 and a record high Operating Income. Take a look at the highlights below:

  • Subscribers increased 12% Y/Y to 268 million. 
  • Monthly Active Users reached 678 million up by 10% Y/Y.
  • Total Revenue was up 15% Y/Y to €4.2 billion.
  • Gross Margin improved by ~400 bps YoY to 31.6%.
  • Operating Income rose to €509M.

“The underlying data at the moment is very healthy: engagement remains high, retention is strong, and thanks to our freemium model, people have the flexibility to stay with us even when things feel more uncertain,” said Daniel Ek, Spotify Founder & CEO. “So yes, the short term may bring some noise, but we remain confident in the long-term story, and the direction we’re heading in feels clearer than ever.”

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 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 rapporterar intäkter för första kvartalet 2022

April 27, 2022

Idag publicerar Spotify sina finansiella resultat för första kvartalet 2022. Klicka här för att ta del av hela den finansiella pressreleasen och kolla in höjdpunkterna nedan:

Vill du höra mer? Lyssna gärna på vår Q&A-webcast på IR-sajten här. 

Klicka nedan för att kolla in trailers från några av våra senaste original och exklusiva podcasts. 

Spotify Reports First Quarter 2022 Earnings

April 27, 2022

Spotify Q1 2022 earnings results showing growing users and subscribers. we have reached 422 million monthly active users, up 19% year over year. We have reached 182 million subscribers, up 15% year over year.

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

Spotify Q1 2022 earnings results showing growing users and subscribers. we have reached 422 million monthly active users, up 19% year over year. We have reached 182 million subscribers, up 15% year over year.

Building the World’s #1 Audio Network. Continued to introduce new content and franchises for fans. Acquired Podsights and Chartable to advance podcast measurement for advertisers and insights for publishers

Enhancing our Platform & User Experience. Expanded Blend's reach by enabling fans to discover and listen to music with up to 10 people or with some of their favorite artists. Introduced a natural language podcast search for show episodes. Announced a multi-year partnership with Google to offer user choice billing

Empowering creators & connecting fans. Celebrated one year of EQUAL with a live music festival in Colombia. Published new and updated info on music economics on Loud & Clear. Continued Sound Up in even more markets and with kid and family shows in mind. FC Barcelona partnership: bringing the worlds of music and football together, giving a global stage to players and artists at Spotify Camp Nou. Celebrated this year's best new artist nominees through collaborations on new Spotify Singles. Celebrated three years of amplifying musicians and podcasters in India. Partnered with Gold House Futures to bolster Asian and Pacific Islander artists.

Interested in hearing more? You can listen to the webcast Q&A on the IR 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 First Quarter 2020 Earnings

April 29, 2020

Today, we (NYSE: SPOT) announced our first 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, we upped it a notch this quarter with a sizzle reel to showcase audio trailers from a few of our original and exclusive podcasts. Click below to check out the sizzle reel.