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[a] Since 2012, Spotify has published a yearly list of its most-streamed artists, which has been topped by Drake and Puerto Rican rapper Bad Bunny a record three times, with Bad Bunny being the only artist to do so in consecutive years (2020–2022). Swift is the only female artist to have topped the list (2023–2024).
Spotify's revenue for Q1 2020 amounted to €1.85 billion ($2 billion). A large part of this sum, €1.7 billion ($1.84 billion), came from Spotify Premium subscribers. Gross profit in the same quarter amounted to €472 million ($511 million), with an operating loss of €17 million ($18 million). [205]
The average revenue per user (ARPU) is up 11% year over year on a constant currency basis, ... Spotify revenue is forecast to climb 15%, with EPS accelerating by 58% to the current $9.32 estimate.
Premium revenue grew 17% year over year while ad-Supported revenue grew 12% to an all-time quarterly high of €501 million, according to Spotify. Music advertising revenue grew double-digits ...
Spotify stock has surged more than 100% over the past year and is up 43% year to date. Spotify spent $1 billion pushing into the podcast market over the past four years with splashy A-list deals ...
Spotify's most streamed song for the longest period of time was "Shape of You" (2017) by the English singer-songwriter Ed Sheeran. Currently, 870 songs have surpassed one billion streams on Spotify, [1] 135 have surpassed two billion, 17 have surpassed three billion, and two have surpassed four billion Spotify streams.
Spotify (SPOT) delivered earnings and revenue surprises of -12.50% and 0.39%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
But the stock might be a little expensive based on the traditional price-to-sales (P/S) valuation metric, which divides a company's market cap by its trailing-12-month revenue. Spotify's P/S ratio ...