Spotify Technology S.A.SPOT
What Spotify Technology S.A. does.
We are the world’s most popular audio streaming subscription service with a community of 751 million MAUs and 290 million Premium Subscribers across 184 countries and territories as of December 31, 2025.
Spotify has transformed the way people access and enjoy music, podcasts, and audiobooks. Today, millions of people around the world have access to over 100 million music tracks and 7 million podcast titles through Spotify whenever and wherever they want. In select markets, eligible Premium Subscribers receive a specified number of hours of monthly access to a subscriber catalog containing 500,000 audiobooks.
Since our founding in 2006, we have transformed the music industry by allowing users to move from a “transaction-based” experience of buying and owning music to an “access-based” model, which allows users to stream music on demand. Since 2019, we expanded our podcast offerings and helped advance the growth of the podcast industry by making significant investments in content, giving podcasters scale via our large user base established in music, and enhancing the podcast discovery experience. Since 2022, we further expanded our offerings to help drive audiobook adoption among our users and grow the earnings potential of authors, including by bringing elements of our revolutionary music access model to the audiobooks landscape.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $7.9B | $9.7B | $11.7B | $13.2B | $15.7B | $17.2B |
| Net income | -$581.0M | -$34.0M | -$430.0M | -$532.0M | $1.1B | $2.2B |
| Free cash flow | $181.0M | $276.0M | $21.0M | $674.0M | $2.3B | $2.9B |
More on SPOT.
- Spotify Technology S.A. summary
- Spotify Technology S.A. financial statements
- Spotify Technology S.A. key metrics
- Spotify Technology S.A. health scores and style box
- Spotify Technology S.A. earnings
- Spotify Technology S.A. dividends
- Spotify Technology S.A. valuation
- Spotify Technology S.A. ownership and insiders
- Spotify Technology S.A. peers
Figures from Spotify Technology S.A.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.