Spotify is gaining more subscribers, but its profits didn’t hit the mark

Spotify's shares are feeling a little blue

Apr 29, 2025 - 16:14
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Spotify is gaining more subscribers, but its profits didn’t hit the mark

In a world where everyone has a playlist for every mood, Spotify just dropped some numbers that prove music streaming isn’t just alive—it’s thriving. The streaming giant's subscriber base climbed 12%, reaching 268 million paid users. That's 5 million more people jamming out with Spotify Premium since last quarter, as per Bloomberg's report.