Spotify Reaches 290 Million Paying Subscribers in Q4 2025

The streaming giant also earned $2.5 billion in operating income

Spotify delivered its Q4 earnings report on February 10. It shows growth in paying subscribers and the company’s second full year of profit.

The numbers:

  • The global Premium subscriber base of 290 million represents a 10% YoY increase.

  • There were 281 million paid subscribers at the end of Q3 2025.

  • Spotify’s monthly active users increased by 11% YoY to 751 million in Q4 2025.

  • Paid subscribers generated $4.67B in revenue during Q4 2025.

What they said:

  • Daniel Ek, Founder and Executive Chairman: “Today, what we’ve really built is a technology platform for audio – and increasingly, for all the ways creators connect with audiences. And this identity will matter even more going forward. The next wave of technology shifts – AI, new interfaces, wearables, new ways of interacting with content – these will reshape how people discover and experience audio and media.”

👋 Disclosures & Transparency Block
  • This article was written with information sourced from Music Business Worldwide.

  • We covered it because of Spotify’s influence on the music industry.

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