Spotify's global revenue in the second quarter of 2024 was mostly derived from the premium business, which amounted to 3.35 billion euros in that period. The drop in ad-supported revenue at the start of 2020 was attributed by the company to the negative impact of the COVID-19 pandemic. However, ad-supported revenue started to increase again in Q4 2020, and reached 456 million euros in the second quarter of 2024.
Revenue of Spotify worldwide from 1st quarter 2016 to 2nd quarter 2024, by segment
(in million euros)
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Spotify. (July 23, 2024). Revenue of Spotify worldwide from 1st quarter 2016 to 2nd quarter 2024, by segment (in million euros) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/813835/spotify-revenue-quarterly-by-segment/
Spotify. "Revenue of Spotify worldwide from 1st quarter 2016 to 2nd quarter 2024, by segment (in million euros)." Chart. July 23, 2024. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/813835/spotify-revenue-quarterly-by-segment/
Spotify. (2024). Revenue of Spotify worldwide from 1st quarter 2016 to 2nd quarter 2024, by segment (in million euros). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/813835/spotify-revenue-quarterly-by-segment/
Spotify. "Revenue of Spotify Worldwide from 1st Quarter 2016 to 2nd Quarter 2024, by Segment (in Million Euros)." Statista, Statista Inc., 23 Jul 2024, https://www.statista.com/statistics/813835/spotify-revenue-quarterly-by-segment/
Spotify, Revenue of Spotify worldwide from 1st quarter 2016 to 2nd quarter 2024, by segment (in million euros) Statista, https://www.statista.com/statistics/813835/spotify-revenue-quarterly-by-segment/ (last visited November 25, 2024)
Revenue of Spotify worldwide from 1st quarter 2016 to 2nd quarter 2024, by segment (in million euros) [Graph], Spotify, July 23, 2024. [Online]. Available: https://www.statista.com/statistics/813835/spotify-revenue-quarterly-by-segment/