Spotify's quarterly revenue 2016-2024, by segment

Published by Patrick Leu, Oct 10, 2024

Spotify's global revenue in the second quarter of 2024 was mostly derived from the premium business, which amounted to 3.35 billion euros in that period. The drop in ad-supported revenue at the start of 2020 was attributed by the company to the negative impact of the COVID-19 pandemic. However, ad-supported revenue started to increase again in Q4 2020, and reached 456 million euros in the second quarter of 2024.

Revenue of Spotify worldwide from 1st quarter 2016 to 2nd quarter 2024, by segment (in million euros)

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Release date

July 2024

Region

Worldwide

Survey time period

Q1 2016 to Q2 2024

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