Spotify's quarterly revenue 2016-2024, by segment
Spotify's global revenue in the fourth quarter of 2024 was primarily derived from its premium segment, which generated 3.71 billion euros during that period. Meanwhile, following a decline in ad-supported revenue in 2020 due to the negative impact of the COVID-19 pandemic, the segment began to recover and reached an all-time high of 537 million euros in the fourth quarter of 2024.