Spotify Statistics By Revenue, Users, Demographics and Subscribers

Barry Elad
Written by
Barry Elad

Updated · Apr 04, 2025

Rohan Jambhale
Edited by
Rohan Jambhale

Editor

Spotify Statistics By Revenue, Users, Demographics and Subscribers

Introduction

Spotify Statistics: Many people worldwide use Spotify daily to enjoy music, find new artists, and explore playlists. It has become one of the top music apps, growing fast and adding new features for users in different countries. By looking at Spotify’s latest statistics, we can understand how people use the app, what music they love, and how artists benefit.

These numbers also show how big Spotify has become in the music industry. In this article, we’ll explore some key Spotify stats that highlight its growth, user habits, and global impact, all in simple terms that are easy to understand. 

Editor’s Choice

  • Spotify Statistics for 2025 show that the monthly active users of Spotify are estimated to reach 675 million, a 12% increase from the previous year.
  • Meanwhile, around 263 million premium subscribers pay for ad-free listening and extra features, up 11% year over year.
  • Almost 31.7% of the global music streaming market maintains its leadership position.
  • In 2025, annual revenue reached €15.6 billion (approximately USD 16.8 billion), a 17.9% increase compared to 2024.
  • In the same period, annual operating profit increased to €1.4 billion (USD 1.5 billion).
  • Payouts to the music industry totaled USD 10 billion in 2024 alone, totaling nearly USD 60 billion since inception. ​
  • Spotify Statistics also states that it contains over 100 million tracks and 6 million podcasts available to users.
  • Spotify is also available in 184 countries, expanding its international presence.
  • On the other hand, there were 7,691 employees in 2024, reflecting a 15.7% decrease from the previous year. ​
  • Users spend an average of 20 hours and 42 minutes per week listening to content on the platform.
  • Spotify gives people access to a huge collection with over 100 million music tracks and around 5 million podcast shows.

Features of Spotify

  • Spotify creates custom playlists like Discover Weekly and Daily Mix based on your listening habits. ​
  • Control music playback on different devices using your phone or computer as a remote.
  • Download songs and podcasts to enjoy without an internet connection.
  • Create playlists with friends, allowing multiple users to add and edit tracks.
  • Enjoy music with enhanced sound quality, especially with the Premium subscription.
  • Stay updated on concerts and events of your favorite artists in your area.

General Spotify Statistics

  • Spotify started on April 23, 2006, as a new way to stream music online.
  • The company’s main office is based in Stockholm, Sweden.
  • Daniel Ek and Martin Lorentzon were the ones who began the company.
  • Today, Daniel Ek leads Spotify as the CEO.
  • Spotify is a public company listed on the New York Stock Exchange as SPOT.
  • It works in the music streaming business, helping people listen to songs anytime.
  • Spotify’s 2024 statistics stated that the company earned around USD 13.82 billion from Premium users and about USD 1.85 billion from ads.
  • Spotify has the largest music streaming market share, with 31.7% of people using paid services choosing it.
  • In 2025, about 42.4 million people in the US are expected to listen to podcasts on Spotify.
  • This number was 40.0 million in 2024, rising from 36.3 million in 2023.
  • In 2024, Spotify made about USD 15.6 billion, 17.9% more than the previous year.
  • Its total income has become three times bigger over the last five years.
  • The average money earned from each user in 2024 was around USD 4.62.
  • That year, 626 million people used Spotify for free with ads or by paying for no ads.
  • In 2024, 92 million people in Europe and 64 million in North America paid to use Spotify.

Spotify Revenue Statistics

Spotify Technology Revenue (Source: macrotrends.com)

  • As mentioned in Spotify Statistics, Spotify’s revenue for the quarter ending December 31, 2024, was USD 4.527B, a 14.5% increase year over year.

Other quarterly revenues of Spotify are detailed in the table below:

Quarter Revenue (USD) Growth Rate (YoY)
Q1 3.948 billion

20.92%

Q2

4.100 billion 18.36%
Q3 4.385 billion

20.1%

Spotify Gross Profit Statistics

  • Spotify’s gross profit was USD 1.461 billion in the last quarter of 2024, up over 38% from the same period in 2023.
  • Spotify’s gross profit reached USD 5.112 billion for December 2024, nearly 39% more than the previous year.
  • In 2023, Spotify earned USD 3.677 billion in gross profit, a rise of about 19% from 2022.

Spotify Operating Income Statistics

  • Spotify Statistics states that in the last quarter of 2024, Spotify made about USD 0.509 billion in operating profit, which dropped sharply down over 730% from the same time in 2023.
  • For the full year of 2024, Spotify’s operating income reached nearly USD 1.48 billion.
  • Spotify’s operating loss was USD 483 million in 2023, a 30% bigger drop than in 2022.

Spotify Net Income Statistics

  • Spotify’s net income was 0.393 billion USD in the last quarter of 2024 (ending December 31), down over 618% from the same time in 2023.
  • For 2024, the company earned 1.231 billion USD in net income, which was 314% lower than in 2023.
  • Spotify’s net loss in 2023 was 0.576 billion USD, which was still an improvement of about 27% from the loss it reported in 2022.

Spotify Statistics by EBITDA and EPS

Quarterly Analysis EBITDA (USD) EPS (USD)
2024-03-31 216 million

1.05

2024-06-30

318 million 1.43
2024-09-30 534 million

1.59

2024-12-31

540 million

1.88

Spotify User Statistics

spotify-monthly-active-users (Reference: simplebeen.com)

  • Spotify had 675 million monthly users by the end of 2024, 12.1% more than last year’s 602 million, and in 2023, it reached 600 million users for the first time.
  • Spotify Statistics further states that Spotify’s Premium users grew to 263 million in 2024, rising by 11.4% from 236 million back in 2023.
  • Other 2024 quarterly users are Q1 (615 million), Q2 (626 million), and Q3 (640 million).

By Demographics, 2024

Age (Years) User Share
25-34

29%

18-24

26%
55+

19%

35-44

16%
45-54

11%

  • Spotify Statistics also show that women make up more than half of Spotify listeners (56%), while men make up the remaining 44%.

By Region

  • In 2024, 27% of Spotify’s listeners were in Europe, with 182 million people using it monthly.

Furthermore, other regions’ user analysis in 2024 is detailed in the table below:

Region Monthly Active Users Monthly User Share
Latin America 149 million 22%
North America 115 million 17%
Rest of the World 230 million 34%

Spotify Usage Time by Region, 2024

Region Average daily usage (minutes)
North America 140
Middle East & Africa 124
Latin America 117
Asia Pacific 110
Europe 99

 Spotify Subscriber Statistics

spotify-revenue-2016-to-2024 (Reference: businessofapps.com)

  • According to Spotify statistics, about 246 million people paid for Spotify in 2024, which is almost 12% more than last year.
  • Paid users grew each quarter: 239 million in Q1, 246 million in Q2, and 252 million in Q3.

This table elaborates the Spotify subscribers by region in 2024:

Region Premium Subscribers (million) Premium Subscribers Share
Europe 92

38%

Latin America

64 27%
North America 55

22%

Rest of the World

35

14%

Spotify Employees Statistics

number-of-spotify-employees-from-2011-to-2024 (Reference: statista.com)

  • In 2024, Spotify had around 7,691 workers, less than the 9,123 it had had in 2023.
  • But it’s still a huge increase from only 311 employees in 2011.

Music Streaming Market Share Statistics

Music streaming platform market share (Source: buttercms.com)

  • Spotify holds the biggest part of the music streaming market at 31.7%.
  • Other top platforms include Tencent Music with 14.4%, Apple Music at 12.6%, and Amazon with 11.1%.
  • YouTube Music has 9.7%, NetEase has 6.7%, Yandex has 3.4%, and Deezer has 1.3%.
  • All other services together make up the last 9.7% of the market.

Top Music Streaming Services Statistics by Monthly Cost

Streaming Service Monthly Cost (USD)
Spotify Premium

10.99

Apple Music

10.99
Tidal

10.99

Amazon Music Unlimited

9.99
YouTube Music

10.99

Spotify Pay Per Stream Statistics

  • Spotify Statistics further stated that each time someone plays a song on Spotify, the artist usually gets about USD 0.003 to USD 0.005 per play.

Estimated payouts by another number of streams are stated below:

Number of Streams Payouts (USD)
100

0.3 to 0.5

1,000

3 to 5
1 million

300 to 500

10 million

30,000 to 50,000

Spotify Podcast Statistics

  • By April 2025, Spotify has more than 6.5 million podcasts that people can listen to anytime.
  • Video podcasts on Spotify have grown fast, jumping from 100,000 in 2023 to over 250,000 now.
  • Spotify Statistics show that more than 170 million people have watched video podcasts on Spotify.
  • About 70% of video podcast viewers like to keep the video playing in front of them, not just in the background.
  • In the U.S., around 1 out of 3 podcast users watch video podcasts; globally, it’s nearly 1 out of 4.
  • The number of people who watch video podcasts worldwide has increased by 40% compared to last year.
  • Creators making video podcasts every month have increased by nearly 70% in one year.
  • Most video podcast creators are based in the U.S., Brazil, and Mexico.
  • About 1 in 5 podcast creators in Brazil and the Philippines release video content regularly.
  • In the U.S., more than 60 million people listen to podcasts on Spotify and Apple Music.

Podcast Platforms Statistics

  • In October 2024, 62% of weekly podcast listeners in the U.S. mostly used YouTube, Spotify, or Apple Podcasts.
  • Moreover, YouTube (34%), Spotify (17%), and Apple Podcasts (11%) are the platforms with the highest share of weekly podcast consumers.

preferred-podcast-platforms-in-the-u-s- (Reference: backlinko.com)

  • Spotify Statistics show that in the U.S., most monthly podcast listeners like YouTube the best (33%), while 24% go with Spotify and 12% choose Apple Podcasts.
  • Other platforms people use include Pandora (7%), Amazon Music (6%), iHeartRadio (6%), SiriusXM (4%), Stitcher (1%), and 4% use different apps or none at all.

Spotify Genre Statistics

  • Hip-Hop/R&B dominated with 30.7% of total streams, underscoring its widespread appeal. ​
  • Rock and Pop: Each genre accounted for 14.7% of streams.
  • Latin Music: Achieved an 8.2% share.
  • Country Music: Held a 5.9% share.
  • Electronic Dance Music (EDM): Represented 5.2% of streams.

Top Artists on Spotify Statistics by Monthly Listeners

Artist Monthly Listeners (Million)
Bruno Mars

146.53

The Weeknd

116.99
Lady Gaga

116.83

Ariana Grande

113.33
Billie Eilish

105.28

Justin Bieber

99.18
Coldplay

95.08

Taylor Swift

94.51
Ed Sheeran

87.44

Sabrina Carpenter

85.86

Most Streamed Songs on Spotify

Song No. Of Streams
Die With A Smile

70,779,585

APT.

64,078,762
That’s So True

47,295,577

BIRDS OF A FEATHER

46,903,880
Who

32,153,248

luther (with sza)

30,513,094
Messy

28,337,928

Sailor Song

27,798,855
Espresso

27,798,332

Timeless (with Playboi Carti)

27,118,202

Conclusion

Spotify lets people listen to music anytime and anywhere, making it easy and fun. Its smart tools, like custom playlists and podcasts, help users enjoy more of what they like. Even with many other apps, Spotify is a top choice because it listens to people’s wants. As streaming becomes more common, Spotify will likely keep getting bigger. With new updates and a strong brand, it has a good chance to stay a top choice for music lovers worldwide.

FAQ.

Is Spotify free?

Spotify is free to use but has ads and fewer features than the paid version.

Can I listen offline?

Yes, you can download and listen offline without needing the internet.

What is Spotify Premium?

Spotify Premium is a paid music service that lets you listen to songs without ads and download them to play offline.

What devices can I use Spotify on?

Spotify can be used on phones, tablets, computers, smart TVs, game consoles, and smart speakers or watches.

Does Spotify have podcasts?

Yes, Spotify has many free news, stories, and music podcasts.

Can I use Spotify in other countries?

You can use Spotify in different countries, but some features might differ based on location.

Is Spotify safe for kids?

Kids can safely use Spotify if parents set controls or use the special Spotify Kids app made for them.

Barry Elad
Barry Elad

Barry Elad is a tech enthusiast passionate about exploring various technology topics. He collects key statistics and facts to make tech easier to understand. Barry focuses on software and its benefits for everyday life. In his free time, he enjoys creating healthy recipes, practicing yoga, meditating, and walking in nature with his child. Barry's mission is to simplify complex tech information for everyone.

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