US EditionSpotify posts record profit in first quarter
- Spotify, a Swedish music and podcast streaming company, reported a record operating profit of 509 million euros in the first quarter of 2025.
- This strong profit follows growth in paying subscribers to 268 million and active users to 678 million, driven by Spotify's freemium model of free and paying users.
- Spotify's revenue rose 15 percent to 4.2 billion euros, while costs were controlled despite 76 million euros in social charges that offset gross profit gains and lower marketing expenses.
- Spotify CEO Daniel Ek emphasized that key metrics are robust, noting strong user engagement and retention, with their free-plus-paid user approach allowing customers to remain connected amid uncertain times.
- Spotify’s success led to a 34 percent rise in its share price since early 2025 and plans to raise subscription prices in Europe and Latin America this summer.
58 Articles
58 Articles
Substantial profit increase for Spotify – but worse than expected
Profits rose by over 200 percent in the first quarter of this year compared to the same quarter last year for the streaming service Spotify. "The underlying data is very positive right now," writes founder and CEO Daniel Ek in a comment.
Spotify's Push Into Videos, Podcasts Sees Traction, With 12% Gain in Subscribers in First Quarter
Spotify on Tuesday morning reported it added another 5 million paying customers during the first quarter, indicating its bet on podcasts is continuing to help attract users who are interested in more than just music. But the stock price of the Stockholm, Sweden-based streaming giant took a big early hit after its quarterly report was released, as its first quarter revenue matched analyst estimates and its operating profit fell short of what Wall…
Spotify Adds More Premium Subs in Q1 Than Expected to Reach 268 Million, but CEO Warns of Near-Term ‘Noise’ Amid Economic Uncertainty
Spotify gained a better-than-expected 5 million paid subscribers for Q1 2025 but its CEO said macroeconomic headwinds could bring near-term 'noise.'
Substantial profit increase for Spotify – but the stock is falling
Profits rose by over 200 percent in the first quarter of this year compared to the same quarter last year for the streaming service Spotify. "The underlying data is very positive right now," writes co-founder and CEO Daniel Ek in a comment.
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