Spotify Hits 252 Million Premium Subscribers, Eyes First Full Year of Profit

Stockholm, Thursday, 14 November 2024.
Spotify’s Q3 2024 results show impressive growth with 252 million premium subscribers, up 12% year-over-year. The company reported record operating income of €454 million, putting it on track for its first full year of profitability. This milestone underscores Spotify’s successful strategy in the competitive music streaming market.