Spotify has added five million premium users in the first quarter of this year (between January and March), the company has just revealed. That’s a 12% increase compared to Q1 2024, and brings the total paying subscribers to 268 million.
The streaming service has also reported a record quarterly operating income of €509 million (about $528 million). Revenue was €4.2 billion, or around $4.8 billion. Spotify now boasts that it has 678 million monthly active users, and 423 million ad-supported monthly active users, though the math doesn’t quite add up – if 423 million users are ad-supported…
