Spotify Reports Q1 Revenue Growth
Spotify reported Q1 revenue of €4.5 billion, representing a 14% year-on-year increase. Monthly active users rose 12% to 761 million, while premium subscribers grew 9% to 293 million.
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Sources · 7 independent
Mastodon
“Spotify reports Q1 revenue up 14% YoY to €4.5B, MAUs up 12% YoY to 761M, above 759M est., Premium subscribers up 9% YoY to 293M, and a €715M operating income”
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