In a historical gain, Spotify saw a grounds summation of 38 cardinal monthly progressive users astatine the extremity of 2025.
According to the streamer’s fourth-quarter net study released Tuesday, the Sweden-based institution reported an 11% summation successful monthly progressive users, bringing the full to 751 million. It’s the biggest nett adhd successful the company’s history. There was likewise a 10% summation successful paid subscribers, rising to 290 million. Spotify’s full gross besides topped $5.3 billion, up 7%.
The institution credits overmuch of past quarter’s occurrence to what it says was its biggest Wrapped run yet, which engaged 300 cardinal users globally and had 630 cardinal shares successful 56 antithetic languages. Spotify besides expanded and enhanced tech features globally, similar adding euphony videos and much entree to audiobooks, for some premium and escaped subscribers.
“Today, what we’ve truly built is simply a exertion level for audio — and increasingly, for each the ways creators link with audiences. And this individuality volition substance adjacent much going forward,” said Daniel Ek, Spotify’s laminitis and enforcement chairman, successful a property release.
“The adjacent question of exertion shifts — AI, caller interfaces, wearables, caller ways of interacting with contented — these volition reshape however radical observe and acquisition audio and media. The hard problems up — successful music, successful podcasts, successful books, successful video, successful live, and successful things we haven’t built yet — we’re going to support gathering the exertion to lick them.”
The company’s operating income roseate 47% to $834 million. At the extremity of the 4th quarter, determination were 7,323 full-time employees globally.
Spotify’s ad-supported gross was down 4%, with the institution looking astatine a partial “offset by softness successful pricing” for its euphony advertising. Its podcasts’ enlargement was led mostly by sponsorships. But the gross was likewise “offset by optimization of our podcasting inventory.”
Just successful the past fewer months, Spotify has focused heavy connected its podcasting services — successful portion by opening a caller Hollywood studio, expanding creator monetization programs and premiering prime video podcasts connected Netflix successful a caller partnership.
On the euphony side, the streaming level antecedently reported that it paid retired much than $11 cardinal to the euphony manufacture past year. That sum was the “largest yearly outgo to euphony from immoderate retailer successful history,” according to Spotify.
When the euphony streaming concern exemplary was archetypal introduced, determination was contention astir however overmuch artists would gain from streams. But the institution said autarkic artists and labels accounted for fractional of each royalties.
Founded successful 2006, the institution maintains a ample beingness successful L.A.’s Arts District. Over the past 2 decades, it has go the world’s astir fashionable audio streaming subscription service. Beyond its euphony library, it present reports having much than 530,000 video podcasts and implicit 500,000 audiobooks successful English-language markets.
Starting this month, Spotify besides raised its prices for premium users to $12.99. For the archetypal 4th of 2026, the institution expects an summation of 8 cardinal monthly progressive users, bringing its full person to 759 cardinal users and a smaller, 3-million bump successful paying users. The institution projects full gross to enactment accordant astatine astir $5.3 billion.

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