Pakistan, Feb. 6 -- Today, Spotify released its Q4 2024 earnings, closing Q4 stronger than ever by outperforming across key metrics and celebrating the first full year of profitability.
By the end of December 2024, Spotify's monthly active users (MAU) reached a record high of 675 million, a 12% year-over-year surge. This represents the highest Q4 net MAU additions ever. Spotify Premium subscriptions also grew 11% YoY to 263 million, highlighting continued consumer appetite for ad-free listening and personalized content.
Financially, the company saw strong growth, with revenue up 16% year-over-year to €4.2 billion, driven by increases in both subscriptions and advertising. A record-high gross margin of 32.2% was achieved, and opera...
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