Spotify Tops 700 Million Monthly Users in Q3, Revenue Climbs 7%: ‘It All Comes Back to User Fundamentals,’ Says Outgoing CEO Daniel Ek

VarietyTuesday, November 4, 2025 at 1:33:23 PM
Spotify Tops 700 Million Monthly Users in Q3, Revenue Climbs 7%: ‘It All Comes Back to User Fundamentals,’ Says Outgoing CEO Daniel Ek
Spotify has reached a significant milestone, surpassing 700 million monthly users in the third quarter of 2025, with a 7% increase in revenue. This growth is attributed to both free and paid subscriptions, with 5 million new Premium subscribers added, bringing the total to 281 million. Outgoing CEO Daniel Ek emphasized that this success is rooted in strong user fundamentals, highlighting the company's ability to meet or exceed Wall Street expectations. This achievement not only showcases Spotify's resilience in the competitive streaming market but also sets a positive tone for its future growth.
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