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:

Co-founder Martin Lorentzon stated, according to a September 5 Bloomberg report, that he would immediately leave Sweden if the country introduces a new tax on large fortunes. Earlier on September 11, Spotify announced a partnership with Danny Wimmer Presents (DWP) for Louder Than Life 2026, aiming to introduce new ways for fans to discover artists and prepare for the festival. On September 10, the company also released a Spotify Singles track titled 'ROOTS,' set for September 11 at 1 PM KST, which unites Korean hip-hop artists across several generations including Lil Moshpit, The Quiett, and Tiger JK. This followed the platform's application of Morocco's 20% value-added tax (VAT) to some services for Moroccan customers, effective September 10, providing a clear indication that the country's new digital tax regime is taking effect.

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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 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 Google, The Trade Desk and InMobi.

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