Spotify operates a leading digital audio streaming platform that provides on-demand access to tens of millions of songs, podcasts, and audiobooks. It distinguishes itself through advanced personalization algorithms, curated playlists, and a freemium business model that combines free ad-supported listening with paid subscriptions. The service targets global consumers of music and spoken audio as well as artists and podcasters seeking broad distribution and audience analytics.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 4,190 | — | 225 | 17% |
| Q2 2025 | 4,193 | — | -86 | -132.2% |
| Q3 2025 | 4,272 | — | 899 | 208.2% |
| Q4 2025 | 4,531 | — | 1,174 | 230.1% |
| Q1 2026 | 4,533 | 8.2% | 721 | 220.4% |
| Q2 2026 | 4,777 | 13.9% | 545 | — |
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