Spotify Q4 Revenue Climbs 18% to €4.8B; Adjusted Profit Hits €150M
Spotify reported Q4 revenue of €4.8 billion, up 18% year-over-year, and achieved an adjusted operating profit of €150 million versus a €85 million loss a year earlier. Monthly active users rose 10% to 615 million, while premium subscribers climbed 9% to 223 million.
1. Q4 Financial Results
Spotify delivered Q4 revenue of €4.8 billion, marking an 18% increase from the prior year. The company swung to an adjusted operating profit of €150 million, reversing a €85 million loss in the same period last year.
2. User Base Expansion
Total monthly active users grew 10% to 615 million, driven by increased engagement in key markets. Premium subscribers rose 9% to 223 million as the platform continues to convert free users to paid tiers.
3. Profitability Turnaround
An improved mix of ad-supported and premium offerings, along with cost efficiencies, drove the adjusted operating margin to approximately 3.1%. Spotify’s EBITDA margin expanded notably, underlining its shift toward sustainable profitability.