Spotify crushed it again! Q1-2025 Results
Hi HODLers, Hiveans and Lions,
Revenue of €4,190 million grew 15% Y/Y in Q1 (or 15% Y/Y constant currency*
Not much to say apart from the fact that they published good numbers. Growth continue to be impressive.
They had higher costs than expected but still generated stellar margins. They also had more Premium subscribers than expected which is a great sign as tehse users are generating the best ARPU (Average Revenue Per User).
They are venturing more into the creator's world and might even be a threat for Youtube if they keep getting traction.
Premium Subscribers
Our Premium Subscribers grew 12% Y/Y to 268 million, up from 263 million last quarter and 3 million above guidance.
To me, the most important is how many content creators can they attract on their platform and can they morph from a Music/Podcast/Audiobook platform towards a full video platform. Time will tell but I believe they can as their management team has proven it can wins even against the MAG7!
The Spotify Partner Program Expanded to 9 New Markets following the successful January launch of the Spotify Partner Program in the US, UK, Canada and Australia. Starting April 29, eligible creators in France, Belgium, Luxembourg, Netherlands, Ireland, New Zealand, Germany, Austria and Switzerland are able to enroll
I was waiting for a drop after earnings to add more and it was the right thing to do as it is now worth more than pre-results while it was down 10%+ following the Q1-2025 earnings!
This company is recession proof, I don't think anyone will cancel their subscription even if they are being laid off. Same for Netflix. Very few product gives you great entertainment for that cheap of a price.
Stay safe out there,
Posted Using INLEO
https://www.reddit.com/r/Economics/comments/1kbx99l/spotify_crushed_it_again_q12025_results/
The rewards earned on this comment will go directly to the people( @dkkfrodo ) sharing the post on Reddit as long as they are registered with @poshtoken. Sign up at https://hiveposh.com. Otherwise, rewards go to the author of the blog post.
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.