Spotify, the world’s largest audio streaming service, reported strong financial results for the third quarter of 2025. The number of paying premium subscribers rose from 276 million in Q2 to 281 million, beating expectations. Monthly active users (MAUs) also rose to 713 million, an 11% increase from the previous year and more than the company had predicted
The business made a great operating profit of €582 million, which is 28% more than the same time last year. Total revenue was €4.27 billion, a 7% increase overall and a 12% increase when currency fluctuations are taken into account. This was due to steady subscriber growth and new product launches.
Even though advertising revenue dropped by 6% because of changes in currency, Spotify’s growth in premium subscriptions and monthly users shows that it is the leader in the music and podcast streaming market. Key product updates, such as better lossless audio, playlist mixing, messaging tools, and taste profile controls, got people in all regions more interested in using the service.
Spotify expects to have 745 million total users and 289 million paying subscribers by the end of Q4 2025, with projected revenue of €4.5 billion. The company is hopeful about long-term growth and better margins as it keeps putting money into new products and expanding around the world.
Starting in January 2026, Spotify’s CEO Daniel Ek will become Executive Chairman. Co-CEOs Gustav Söderström and Alex Norström will take over day-to-day leadership. This means that the streaming giant will have a smooth transition of power in the future.
