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Spotify revenue increased from €5.3 billion in 2018 to €6.8 billion in 2019, a 28.6% increase.

Annual Revenue ()

Spotify revenue was €6.76 b in FY, 2019 which is a 28.6% year over year increase from the previous period.

Quarterly Revenue ()

FY, 2016FY, 2017FY, 2018FY, 2019
Revenue€2.95 b€4.09 b€5.26 b€6.76 b
Growth52%38.55%28.58%28.62%
Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020
Revenue€902 m€1.01 b€1.03 b€1.15 b€1.14 b€1.27 b€1.35 b€1.50 b€1.51 b€1.67 b€1.73 b€1.86 b€1.85 b

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

Spotify revenue breakdown by business segment: 90.0% from Premium and 10.0% from Ad-Supported

Spotify revenue breakdown by geographic segment: 39.7% from United States, 11.6% from United Kingdom, 48.6% from Other Countries and 0.0% from Other

FY, 2019FY, 2018FY, 2017FY, 2016
Premium6.09 b4.72 b3.67 b2.66 b
Ad-Supported678 m542 m416 m295 m
FY, 2019FY, 2018FY, 2017FY, 2016
United States2.54 b1.97 b1.58 b1.17 b
United Kingdom727 m576 m444 m342 m
Luxembourg4 m3 m3 m1 m
Other Countries3.49 b2.71 b2.07 b1.44 b

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