The platform released on Tuesday, 4, the numbers of the last quarter of 2024
THE Spotify On Tuesday, 4, the numbers reached by the audio platform in the last quarter of 2024, which represented the company’s first full profit of the company. Among the highlights are the number of users, there are 675 million, 22% from Latin America.
The number of subscribers on the platform increased by 11%, totaling 263 million. 22% of these subscribers are in Latin America. The company’s total revenue grew 16% over the previous year, reaching € 4.2 billion and the gross margin expanded 555 base points over the previous year, reaching 32.2%, a historic record for the Spotify. Operating profit also grew and reached the mark of € 477 million.
“I am very excited for 2025 and confident where we are both product and business. We will continue to bet on initiatives that generate long -term impacts, increasing our speed as we maintain the levels of efficiency we have achieved last year. It is this combination that will allow us build the best and most valuable user experience, grow sustainably and deliver creativity to the world, “declared Daniel Ekfounder and CEO of Spotify in note.
Spotify in numbers
- 675m of active users;
- 263m of subscribers;
- 6.5m of podcast titles;
- 500m+ of users have heard a podcast in Spotify;
- 330,000 podcasts with video;
- 350,000 audioolivros a la carte;
- 270m of users have already watched a video with video in the Spotify;
- $ 10b paid to the music industry in 2024;
- ~ $ 60b paid to the music industry since the founding of Spotify;
- The number of creators publishing videos actively grew more than 50% year by year;
- 70%+ of the eligible programs signed up for Spotify Partner Program.
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Source: Rollingstone

Earl Johnson is a music writer at Gossipify, known for his in-depth analysis and unique perspective on the industry. A graduate of USC with a degree in Music, he brings years of experience and passion to his writing. He covers the latest releases and trends, always on the lookout for the next big thing in music.