Tag: Roku

Spotify Reports Third Quarter 2023 Earnings

Today, we announced our third quarter 2023 performance. The business delivered strong results in Q3 as all of our key indicators exceeded guidance and we returned to profitability.

  • Monthly Active Users were up 26% to 574 million and 2 million ahead of guidance. This represents our second largest Q3 net addition performance in history. 
  • Subscribers grew 16% Y/Y to 226 million. Net additions of 6 million were 2 million ahead of guidance. 
  • Total Revenue grew 11% Y/Y to €3.4 billion, exceeding guidance.
  • Gross Margin finished above guidance at 26.4%.
  • Spotify returned to profitability, reporting Operating Income of €32 million for the quarter. 

In addition, we unveiled new personalized experiences for users and tools for creators:




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 Everywhere Shows the Way We Soundtrack Everyday Life

If it feels as though there are thousands of ways you can listen to Spotify, you’re right. In fact, we’re available on more than 2,000 devices that fit Spotify seamlessly into your life when they’re coupled with our exciting and innovative features and integrations.

As a way to showcase the many places you can listen to Spotify, we’re hosting Spotify Everywhere this week in New York City. This immersive audio experience lets guests try out interactive demos, take part in sharable photo opportunities, and discover new features that will make listening to songs and podcasts even more enjoyable.

Curious what’s on display? Here’s a glimpse at all the current (and future) ways that Spotify integrates with your life.

Lounging about in the living room 

Upon arriving at Spotify Everywhere, our guests first visit our living room experience. It’s here they learn about how Spotify Connect turns Spotify into the ultimate remote control for a wide range of speakers from companies like Sony, Google, Sonos, Bose, Amazon, Roku, Ikea, Devialet, Marshall, Naim, Bang & Olufsen, and more.

We also have the Microsoft Xbox gaming station, which highlights Spotify’s custom integration with Microsoft’s console to let people listen to their favorite songs while playing the hottest new games.

But ultimately, low-key moments in the living room are also a great time to discover new music, and so we’ve been inviting guests to sit down in our listening nook and take a moment to learn about the upcoming redesign of our Home feed, which will make it even easier to discover personalized recommendations for music and podcasts in the app.

Now you’re cooking 

For the foodies out there, there’s no better place to hang out than the kitchen. That’s why we’ve made sure to show how our integration with the Samsung Bespoke Family Hub™ refrigerator means all their favorite songs, podcasts, and playlists are at their fingertips while grabbing a snack. Those curious enough to peek inside will also discover a few easter eggs we left behind that offer some choice playlist recommendations.

And since no kitchen experience is complete without a little cooking, it’s here where we invite guests to grab a snack and check out our recipe book, which offers step-by-step tutorials on how to use some of Spotify’s more handy features, like how to look up lyrics to a song or make collaborative playlists with friends

The kitchen also features the Blender Bar, which provides a series of scannable QR codes that let guests experience the joy of Spotify’s Blend playlists. Combining the best of Spotify’s personalization capabilities and collaborative playlist functionality into a single shared playlist, the Blend feature allows you to combine your tastes with up to 10 friends, or with some of your favorite artists, such as Lizzo.

Where the magic happens

Next up on the Spotify Everywhere tour is a stop in the bedroom, which is where guests experience one of our most unique and innovative integrations: Philips Hue + Spotify. Any song played on Spotify is magically synced with Philips Hue’s array of smart bulbs and lamps, and the result is a symphony of light that pulses, flashes, and changes colors in time with the music.

It’s here that guests can also learn how to use the Google Clock App and our Sleep Timer feature. So whether you want to wake up to the Morning Coffee playlist or doze off with the Sleep playlist, Spotify will help make sure you’re ready to take on the day.

Time to accessorize

Those visiting Spotify Everywhere also have a chance to plunder our closet, which is full of Spotify-branded swag such as shirts, bucket hats, and socks. And they can check out some of the latest and greatest wearables, like smartwatches from Fossil and Garmin as well as wireless earbuds from Sony that take advantage of our Spotify Tap integration. With a single press of a button, anyone using Spotify Tap–enabled earbuds can jump back into the most recent playlist or album they were listening to, and even pause the audio or skip tracks.

Ready for a road trip?

While a house might serve as the setting for Spotify Everywhere, there are so many other places where you can access your favorite songs and podcasts. And so guests can step outside to the driveway to see all the ways to listen to Spotify in the car.

With our personalized Your Daily Drive playlist, the dreaded morning commute will feel like a breeze. If you’re hitting the highways and adventuring somewhere new, our in-app integrations with Google Maps and Waze will help ensure that you never get lost. And if you have a stereo equipped with Apple CarPlay or Android Auto, all you have to do is connect your phone via USB to activate the in-dash experience optimized for cars.

Step into the metaverse

Sure, you can listen to Spotify from the comfort of your home or while out in the world. But did you know you can also experience Spotify in the metaverse? Earlier this year, we launched Spotify Island on Roblox, where fans and artists from all over the world can hang out and explore a wonderland of sounds, quests, and exclusive merch. And to offer a taste of the metaverse IRL, we have a 360-degree photo booth to capture our Spotify Everywhere guests in a unique way.

Fun in the sun

To cap off the Spotify Everywhere experience, our guests can grab a drink and relax in our backyard while listening to a selection of chill tracks from our DJs, Brittany Sky and Vashtie.

And it’s a well-deserved rest because, as you can see, we have a lot to share at Spotify Everywhere. Whether you’re at home, on the go, or linked up with one of our many other partners such as Delta, Tinder, or Rivian, there is no shortage of ways to access all your favorite songs and podcasts on Spotify. And hopefully, you’ve also discovered a few new ways to get the most out of your Spotify experience. 

To learn more about Spotify Everywhere, check out our dedicated hub by clicking here.

Give Everyone on Your List the Gift of Spotify

Every year you vow that this will be the season you get all your shopping done early. But somehow the holidays always sneak up, and you’re left scrambling for last-minute gifts.

That’s why we’re making it easy to check off everyone on your list with the below roundup of Spotify-integrated tech gifts. Grouped for all the different audiophiles in your life, these recommendations make giving the gift of Spotify easy. 

Check out our top picks below.

For the multitasker

If you’re looking for the one-stop-shop of cell phones, check out the Galaxy Note10 and Galaxy Note10+. It’s designed for an immersive experience and features a super-powerful performance to handle your multitasking, so you can listen to podcasts, shop online, and answer work emails without skipping a beat.

For the one who’s constantly on the go

The Galaxy Watch Active2 has LTE connectivity so that users can call, text, or stream Spotify right from their wrists—even while offline. That way they can stay connected from the gym, on their commute, or just about anywhere. Plus, Spotify comes preloaded on select Samsung devices, so they’ll be able to get going the moment the wrapping paper is off.

For the one who’s always up on the latest TV

Take advantage of that state-of-the-art home entertainment unit—try the Roku Streaming Stick+ to make playing Spotify through the TV easier than ever. Or, if they’ve already got a Roku Smart Soundbar or Roku TVs with Roku TV Wireless Speakers attached, gift them a Wireless Subwoofer for more seamless streaming and exceptional sound quality all year round.

For the friend who’s throwing the holiday party

Give the gift of great sound for their music! The Sonos Move is a powerful, battery-powered smart speaker for music, news, and more in great sound indoors, outdoors, and on-the-go. Connect wirelessly with other Sonos speakers, including Sonos and IKEA’s SYMFONISK bookshelf or lamp WiFi speaker—fully integrated in the Sonos Home Sound System—to play music in any or every room for a rich, home-filling sound sure to liven up any gathering.

For the kids

Need a gift for the kids in your life? Youngsters will love the Ultimate Arendelle Castle Playset and the singing Anna and Elsa dolls inspired by Disney’s Frozen 2—especially when it’s paired with our Spotify Frozen 2 Playlists. The curated sound effects and music bring Anna and Elsa’s adventures to life from the warm comfort of your living room.

For the gamer who knows it’s all about the music

Take Xbox Game Pass Ultimate for a spin. Not only will they be able to play the hottest games, but new subscribers in the U.S. and U.K. who join Xbox Game Pass Ultimate will also receive six months of Spotify Premium for free for a limited time.

For the friend who’s spending the holidays outside

Have a friend who’s taking advantage of the time off to get outdoors? The Bose Portable Home Speaker is a wireless home speaker, portable Bluetooth speaker, and a voice-controlled speaker, all in one. So whether they’re preparing for a hike or an outdoor holiday party, the music will be totally covered. 

For the Spotify Premium newcomer

Spotify Premium allows you to play music on-demand, enjoy unlimited skips, and listen without ads between songs. It’s like magic. Bring someone else into the know by introducing them to the annual Spotify Premium holiday offer from November 18-December 31. New users can get three months free* (so your wallet will thank you, too), and anyone who was previously on Premium but has since dropped can get three months for $9.99 (meaning you pay once and get the next two months on us).**

And the options don’t end there—check out more Spotify Connect devices that let you play music or podcasts through them using the Spotify app as a remote, perfect for bringing in the holiday season or streaming all year round*.

As you’re doing your holiday shopping, get into the spirit of the season with our Happy Holidays playlist.

* Three Months Free is for new users who have never tried Premium, available across all Premium plans: Individual, Student (where available), Family (where available) and Duo (where available).
** Three Months for $9.99 is only for individual plan users and is not available to users who ended their Premium subscription after October 19, 2019.