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Spotify's quarterly revenue 2016-2020

In the third quarter of 2020, Spotify generated revenue of over 1.98 billion euros, up from 1.73 billion in the corresponding quarter of the preceding fiscal period. This was a positive result for Spotify, which in Q1 2020 reported its first quarterly revenue decrease since the the beginning of 2018. Spotify acknowledged that the COVID-19 pandemic began to negatively impact the company's performance in February 2020, with consumption and daily active users decreasing in hard-hit markets such as Italy and Spain, but in its Q2 2020 press release noted that the company was operating at a high level in spite of the outbreak.

Revenue of Spotify worldwide from 1st quarter 2016 to 3rd quarter 2020

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Source

Release date

October 2020

Region

Worldwide

Survey time period

Q1 2016 to Q3 2020

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Statistics on "Spotify"

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