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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
Growth52.00%38.55%28.58%28.62%
Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020
Revenue€902 m€1.01 b€1.03 b€1.15 b€1.14 b€1.27 b€1.35 b€1.5 b€1.51 b€1.67 b€1.73 b€1.86 b€1.85 b€1.89 b

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

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

Spotify revenue breakdown by geographic segment: 51.6% from Other Countries, 10.7% from United Kingdom, 37.6% from United States and 0.1% from Other

FY, 2019FY, 2018FY, 2017FY, 2016
Premium€6.09 b€4.72 b€3.67 b€2.66 b
Ad-Supported€678 m€542 m€416 m€295 m
FY, 2019FY, 2018FY, 2017FY, 2016
United States$2.54 b$1.97 b$1.58 b$1.17 b
United Kingdom$727 m$576 m$444 m$342 m
Luxembourg$4 m$3 m$3 m$1 m
Other Countries$3.49 b$2.71 b$2.07 b$1.44 b

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