Spotify Reports Record Growth In Monthly Listeners, Totaling 751 Million

In a historical gain, Spotify saw a grounds summation of 38 cardinal monthly progressive users astatine nan extremity of 2025.

According to nan streamer’s fourth-quarter net study released Tuesday, nan Sweden-based institution reported an 11% summation successful monthly progressive users, bringing nan full to 751 million. It’s nan biggest nett adhd successful nan company’s history. There was likewise a 10% summation successful paid subscribers, rising to 290 million. Spotify’s full gross topped $5.3 billion, up 7%, while nett income was astir $1.4 billion.

Spotify shares closed astatine $476.02, up astir 15% connected Tuesday.

The institution credits overmuch of past quarter’s occurrence to what it says was its biggest Wrapped campaign yet, an yearly tally of each user’s listening activity, which engaged 300 cardinal users globally and had 630 cardinal shares successful 56 different languages. Spotify besides expanded and enhanced tech features globally, specified arsenic adding euphony videos and more entree to audiobooks, for some premium and free subscribers.

“Today, what we’ve really built is simply a exertion level for audio — and increasingly, for each nan ways creators link pinch audiences. And this personality will matter moreover much going forward,” Daniel Ek, Spotify’s laminitis and executive chairman, said successful a property release.

“The adjacent activity of exertion shifts — AI, caller interfaces, wearables, caller ways of interacting pinch contented — these will reshape really group observe and acquisition audio and media. The difficult 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 building nan exertion to lick them.”

The company’s operating income roseate 47% to $834 million. At nan extremity of nan 4th quarter, location were 7,323 full-time labor globally.

Spotify’s ad-supported gross was down 4%, pinch nan institution looking astatine a partial “offset by softness successful pricing” for its euphony advertising. Its podcasts’ description was led mostly by sponsorships. But nan gross was likewise “offset by optimization of our podcasting inventory.”

Just successful nan 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 nan euphony side, nan streaming level antecedently reported that it paid retired more than $11 cardinal to nan euphony manufacture past year. That sum was nan “largest yearly costs to euphony from immoderate retailer successful history,” according to Spotify.

When nan euphony streaming business exemplary was first introduced, location was contention astir really overmuch artists would gain from streams. But nan institution said independent artists and labels accounted for half of each royalties.

Founded successful 2006, nan institution maintains a ample beingness successful L.A.’s Arts District. Over nan past 2 decades, it has go nan world’s astir celebrated audio streaming subscription service. Beyond its euphony library, it now reports having much than 530,000 video podcasts and complete 500,000 audiobooks successful English-language markets.

Starting this month, Spotify besides raised its prices for premium users to $12.99. For nan first 4th of 2026, nan 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.