1 day ago · Today, we announced our fourth quarter 2024 earnings, closing Q4 stronger than ever by outperforming across key metrics and celebrating our first full year of profitability. Take a look at the highlights below: Monthly Active Users grew 12% Y/Y to 675 million. Subscribers increased 11% Y/Y to 263 million. Total Revenue was up 16% Y/Y to €4.2 ...

21 hours ago · Spotify reported solid Q4 and full-year 2024 earnings, with the streamer turning in its first annual net profit since it was founded in 2006. ... For Q4, Spotify’s total revenue increased 16% to ...

22 hours ago · In Spotify's Q4 2024 earnings report, ... Spotify’s gross margin–a key measure which strips the cost of sales out of the company’s revenue–came in above target at 32.2%, compared to 26.7% ...

Spotify Technology SPOT13.29%increase; green up pointing triangle reported its first ever full year of profitability, fueled by record user growth and austerity measures after years of heavy ...

17 hours ago · Spotify turned its attention to profits and free cash flow in 2024, and boy did it deliver. ... Q4 2023. Q4 2024. Change. vs. Expectations. Revenue. 3.67 billion euros. 4.24 billion euros +16% ...

22 hours ago · Premium revenue. In terms of finances, Spotify reports that its Premium subscriber growth translated into Premium revenue of €3.705 billion (USD $3.957bn) in Q4 2024.. Spotify’s Premium revenue was up 19% YoY at constant currency (see below).. Premium revenues were driven by subscriber growth of 11% YoY and a Premium ARPU (Average Revenue Per User) increase of 7% YoY at constant currency ...

21 hours ago · Spotify paid $10 billion to the music industry in 2024, contributing ~$60 billion since its founding. The premium subscribers rose to 252 million. The premium subscribers rose to 252 million.

23 hours ago · The music streaming giant hit 263 million paying customers in Q4 and closed 2024 with a $1.18 billion profit. Sean Burch ... Spotify’s big Q4 helped send the company’s stock price 10.5% higher ...

1 day ago · NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) has released its financial results for the fourth quarter of 2024 today. Please visit investors.spotify.com to view the Shareholder ...

22 hours ago · The announcement comes as part of Spotify’s fourth-quarter earnings release, with net profits at €1.14 billion (around $1.17 billion) for the whole of 2024, compared to the €532 million ...