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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 ...
For 2025, Spotify revenue is forecast to climb 15%, with EPS accelerating by 58% to the current $9.32 estimate. Metric. 2024 Estimate. 2025 Estimate. Revenue. $15.6 billion. $17.9 billion.
Spotify generates revenue by selling premium streaming subscriptions to users and advertising placements to third parties. Some of the premium options users may choose from include individual, duo, family, and student. [171] In December 2013, the company launched a new website, "Spotify for Artists", explaining its business model and revenue data.
Spotify reported first quarter earnings before the bell on Tuesday. Here's what to know. ... Revenue, meanwhile, totaled 3.64 billion euros ($3.88 billion) — 20% higher compared with the first ...
But overall revenue rose a less-than-expected 19% to 3.99 billion euros in the third quarter, missing estimates of 4.02 billion euros, driven by weakness in digital advertising market.
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 ...
Spotify implementeda broad set of price hikes across roughly 70% of its footprint by revenue in mid-2023. The hikes were "much larger and broader than they'd ever done before as a company," the ...
Spotify stock, which lost more than two-thirds of its value in 2022, is up more than 60% year-to-date and up about 20% on a year-over-year basis. Still, shares remain roughly 50% below their ...