Spotify Q2 Revenue Jumps on Podcast and Ad-Supported Streaming Growth
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Spotify Technology S.A. reported impressive second-quarter earnings on June 19, 2025, with revenues reaching €3.9 billion, a 20% increase year-over-year. The company’s strong performance was fueled by growth in podcast listenership and its ad-supported streaming service.
Spotify’s expanding podcast library attracted millions of new listeners, with exclusive content deals helping to increase engagement and advertiser interest. The platform’s AI-powered personalized playlists and ad targeting also contributed to monetization gains.
CEO Carlos Mendes emphasized Spotify’s commitment to diversifying revenue streams. “Our investments in podcasts and audio innovation are transforming how people consume audio content globally,” Mendes said during the earnings call.
Premium subscriber growth remained steady, supported by new family and student plans.
Despite increased competition in the streaming market, Spotify improved operating margins through scale and efficient content licensing agreements.
Shares rose 5.1% in New York trading following the earnings release.
Looking ahead, Spotify plans to launch new audio formats, expand creator tools, and invest in global market expansion, particularly in emerging economies.
