Spotify, publicly owned and headquartered in Sweden, was founded in 2006 and employs approximately 16,200 individuals. The company reported $18.7B in revenue as of 2025. Functioning primarily within media and TV services, Spotify specializes in providing audio streaming and media services that offer digital copyright restricted recorded music and podcasts, sourcing content from record labels and various media companies.

2025 Revenue

Founded

2006

Headcount

16,199

Headquarters

Sweden

Primary Segment

Media and TV services

Ownership

Publicly Owned

News Summary:

On April 24, Spotify added playlist folders to its mobile application for Android and iOS, a much-requested feature that had been available on its web app for some time. Earlier the same day, marking its 20th anniversary, the company released its first-ever lists of most-streamed artists, songs, albums, podcasts, and audiobooks in its history, with Taylor Swift topping the artists list, followed by Bad Bunny, Drake, The Weeknd, and Ariana Grande. This follows a partnership that rolled out on April 23, Spotify's 20th birthday, enabling Anthropic’s Claude AI users to pull personalized music and podcast suggestions into their chats by connecting their accounts, drawing from their listening history.

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Spotify offers 2 products in the ad tech and services and media and telecoms services industries. Spotify's product portfolio comprises of media and TV services and ad measurement and verification.
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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, InMobi and Google.

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