Spotify, a publicly owned company headquartered in Sweden, founded in 2006, employs approximately 16,200 individuals, and reported $18.7B in revenue as of 2025. The company provides audio streaming and media services, offering digital copyright restricted recorded music and podcasts, including content from record labels and media companies.

2025 Revenue

Founded

2006

Headcount

7,000

Headquarters

Sweden

Primary Segment

Media and TV services

Ownership

Publicly Owned

News Summary:

On July 24, 2026, Spotify reportedly deleted more than 500,000 fake streams of Malcolm Todd's "Earrings" after the song quickly rose on the U.S. chart, with a $3 million Kalshi market for June's most-streamed song identified as the suspected motive; a former SEC lawyer indicated the use of bots might constitute a federal crime. Concurrently, Spotify began building a music-video ecosystem, aiming to restore the prominence of music videos that largely faded with the advent of streaming. Previously, on July 23, the company appeared to be developing a new tool for song identification, with text strings within the app alluding to the functionality and requests for microphone access. This development follows broader discussions on July 23 highlighting how consumers increasingly rely on subscription services like Spotify to access music, essentially borrowing rather than owning it, a shift from traditional physical media.

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Spotify offers 2 products in the media and telecoms services and ad tech and services industries. Spotify's product portfolio comprises of ad measurement and verification and media and TV services.
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Spotify's revenues were $18.7B in 2025. Caretta Research has split Spotify's revenue into 2 different product categories, the largest of which is music streaming, which represents 100% of Spotify's revenue.
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Examples of Spotify's suppliers include The Trade Desk, Google and InMobi.

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