Here’s a detailed breakdown of Spotify’s income from 2012 to Q3 2022 Year Spotify had registered a yearly revenue of 9.67 billion Euros in 2021.Īgain, a substantial growth since 2020 (7.88 billion Euros) Spotify registered revenue of €3,036 million in Q3 2022. Spotify Premium Subscribers Spotify Revenue Spotify anticipates that by the end of Quarter 3 2022, it will have around 194 million premium subscribers.īelow is the entire breakdown of Spotify’s Premium subscriber growth since 2015 to Quaretr 3, 2022: Quarter, Year Spotify has 195 million premium subscribers globally. Monthly Active User Spotify Premium Subscribers Here’s a complete distribution of Spotify’s Monthly Active Users by region: Region With 237.1 million monthly active users, Europe and North America account for the bulk (52%) of Spotify’s Active User Base.Another 43% of Spotify’s MAUs are situated in North and Latin America.This translates to around 141.36 million monthly active users. Europe accounts for 31% of Spotify’s monthly active users.Spotify observed better momentum across the 86 markets in which it was newly introduced, with South Korea, Bangladesh, and Pakistan leading the way. Spotify’s total Monthly Active Users increased 20% year on year to 456 million in Quarter 3 2022, up from 433 million In Quarter 2 2022. Spotify Monthly User Spotify’s Region-wise Active Users Distribution (Monthly) Spotify anticipates that the platform will have 479 million monthly active users by the end of Quarter 4 2022, according to insights released in the shareholder letter of Q3 2022.Ī complete breakdown of quarterly growth in Spotify monthly users since Q1, 2015 to Q3, 2022: Quarter -year Since 2015, Spotify has shown a sustained (Q-O-Q) increase in the department. Spotify Active Users Īccording to official statistics, Spotify has 456 million active users as of quarter 3 of 2022. This feature wasn’t available to users before September 2022, and it is the first iteration of the audiobook experience for users on Spotify. Spotify Audiobooks: Spotify users in the United States can now listen to and download more than 300,000 audiobooks on the platform. Over 44% of users access Spotify every day.North America has the highest average Spotify daily usage.Males form 56%, whereas females form 44% of Spotify’s user base.The estimated value of a Spotify stream to an artist ranges from $0.006 to as little as $0.00318 per stream.Major record labels earned over $4 billion in profit in 2021.Over 1000 artists earned more than $1 Million through Spotify royalty in 2021.Spotify Broke the record for the biggest yearly payout from any retail business in history.That’s more than any other music streaming service. Spotify paid over $7 Billion to its artists in 2021.Bad Bunny’s Album titled “ Un Verano Sin Ti” is the most-streamed album of last year.
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