Spotify

Spotify is a Swedish audio streaming and media service provider founded in April 2006 by Daniel Ek and Martin Lorentzon. As of December 2025, it was one of the... Wikipedia

• Type of business:  Public
• Founded:  April 2006
• Country of origin:  Sweden
• No. of locations:  15 offices
• Area served:  Worldwide (except blocked countries)
• Founder(s):  Daniel Ek, Martin Lorentzon
• Key people:  Daniel Ek (executive chairman), Alex Norström (co-CEO), Gustav Söderström (co-CEO)
• Industry:  Audio streaming, Podcasting
• Revenue:  €15.67 billion (2024)
• Operating income:  €1.365 billion (2024)
• Net income:  €4.5 billion (2025)
• Total assets:  €12.01 billion (2024)
• Total equity:  €5.525 billion (2024)
• Employees:  7,261 (December 2024)
• Subsidiaries:  Spotify AB, Spotify USA Inc, Spotify Ltd (UK), Several other regional subsidiaries
• Registration:  Required
• Users:  Free: 425 million, Paying: 263 million, Total: 675 million(December 31, 2024)
• Launched:  October 7, 2008
• Data source:  DuckDuckGo