Spotify announced its third-quarter 2025 earnings, exceeding the major milestone of 700 million Monthly Active Users while achieving double-digit subscriber growth.
The company attributed this to continued momentum, with accelerated product updates across music, podcasts, and audiobooks.
Revenue increased 12% year-over-year to €4.3 billion, with 281 million paying subscribers and engagement at all-time highs. Gross margin improved to 31.6%, while Spotify posted €582 million in operating income.
CEO Daniel Ek himself highlighted that faster feature rollout, combined with sustained pricing power, product innovation, and advertising improvements, positions the company for continued long-term growth.
As Spotify retains more users and arms creators with even more tools, it continues to scale its platform around the world.
Investors can find the complete earnings information and webcast Q&A on the company’s Investor Relations page.
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