Financial Results Archives

Spotify subscribers hit 236 million in Q4 2023

06/02/2024

Spotify subscribers hit 236 million in Q4 2023, a 15% increase year on year, according to its recently released Q4 2023 financial results. Monthly Active Users (MAU) increased 23% to 602 million. Key financial results in Q4 2023 Monthly Active Users grew 23% year on year to 602 million and 1 million ahead of guidance. Net additions of 28 million represented the second largest Q4 net addition performance in our history. Subscribers grew 15% year on year to […]

Spotify subscribers hit 205 million in Q4 2022

01/02/2023

Spotify subscribers hit 205 million in Q4 2022, a 14% increase year on year, according to its recently released Q4 2022 financial results. Monthly Active Users (MAU) increased 20% to 489 million. Revenue of €3166 million was up 18% year on year in the quarter. The streamer also showed strong growth in its ad-supported revenue of €449 million up 14% from a year before led by Podcasting gains. Despite these impressive growth figures the company continues […]

Spotify subscribers hit 180 million in Q4 2021

03/02/2022

Spotify subscribers hit 180 million in Q4 2021, a 16% increase year on year, according to its recently released Q4 2021 financial results. Monthly Active Users (MAU) increased 18% to 406 million. Revenue of €2,689 million was up 24% year on year in the quarter despite the impact of the COVID-19 pandemic. The streamer also showed strong growth in its advertising revenue of €394 million up 40% from a year before. The company posted a […]

SiriusXM reaches 32 million paying subscribers in 2021

02/02/2022

SiriusXM reaches 32 million paying subscribers in 2021 adding 1,152,000 net new subscribers for 2021, a 27% increase from the 909,000 added in 2020. Total revenue for the group reached a record $8.70 Bn in 2021 – an Increase of 8% compared to 2020. Net income climbed to $1.3 Bn which exceeded expectations for the year. SiriusXM’s hardware was incorporated into approximately 82% of new vehicles sold in the US in 2021, up from approximately […]

Spotify subscribers hit 172 million in Q3 2021

06/11/2021

Spotify subscribers hit 172 million in Q3 2021, a 19% increase year on year, according to its recently released Q3 2021 financial results. Monthly Active Users (MAU) increased 19%% to 381 million. Revenue of €2,501 million was up 27% year on year in the quarter despite the impact of the COVID-19 pandemic. The streamer also showed strong growth in its advertising revenue of €323 million up 75% from a year before. The company posted a […]

SiriusXM reaches a record 31 million paying subscribers in Q1 2021

01/05/2021

SiriusXM reaches a record 31 million paying subscribers in Q1 2021 adding 126,000 net new subscribers in Q1 2021, an 83% increase from the 69,000 added in the first quarter of 2020. Total revenue increased 2% to $1.62 Bn with gross profit totalling $993 million, relatively unchanged compared to the first quarter of 2020. Advertising revenue grew 24%, helped by strong results in its growing podcast market. The Pandora streaming arm of the business saw Monthly […]

Spotify subscribers hit 155 million in Q4 2020

07/02/2021

Spotify subscribers hit 155 million in Q4 2020, a 24% increase year on year, according to its recently released Q4 2020 financial results. Monthly Active Users (MAU) increased 27% to 345 million. Revenue of €2,168 million was up 17% year on year in the quarter despite the impact of the COVID-19 pandemic. Despite this growth the streamer continues to make a loss (€125 million) and forecasts continuing losses despite predicted increases in streaming subscriptions and revenue. […]