Spotify’s third-quarter (Q3) 2025 earnings report showcases impressive growth across all fronts, from subscriber numbers and revenue to major feature rollouts and creative partnerships. The world’s leading streaming platform continues to redefine how audiences connect with music, podcasts, and now audiobooks, setting new records while empowering artists and listeners alike.
Double-Digit Growth in Subscribers and Monthly Active Users
Spotify reported 281 million paid subscribers, marking a 12% year-over-year (YoY) increase. Monthly active users (MAUs) also grew to 713 million, up 11% YoY — a strong indicator of Spotify’s sustained dominance in the global streaming market.
Financially, Spotify achieved an operating income of €582 million and a gross margin of 31.6%, up by 56 basis points YoY, signaling improved efficiency and record profitability.
Reaching New Milestones and Building for the Future
- Jam Reaches 100 Million Monthly Listening Hours; Spotify’s Jam — a real-time group listening feature — has now surpassed 100 million monthly listening hours. The U.S., Germany, Mexico, Brazil, and Canada lead in usage, with cars emerging as the top device for Jam sessions.
- Taylor Swift’s The Life of a Showgirl Breaks Records; Taylor Swift’s latest album became Spotify’s most-streamed album in a single day in 2025 and the most pre-saved album in Spotify history, surpassing 5 million pre-saves. The platform also celebrated the release with immersive fan experiences in New York City.
- Celebrating Two Years of Audiobooks in Premium; Spotify’s Audiobooks in Premium has expanded to 14 markets with over 500,000 English-language titles. Listening hours grew 36% YoY, proving that Spotify’s bet on multi-format audio entertainment is paying off.
- New Advertising Partnerships; Spotify’s ad ecosystem is growing rapidly through new collaborations with Amazon DSP, Yahoo DSP, ID5, and Smartly. Since launching the Spotify Ad Exchange in April, the number of advertisers has increased by 142%.
Building the Best and Most Valuable User Experience
Spotify continues to push innovation for both free and premium users:
- Lossless Audio: Premium subscribers in over 50 markets can now enjoy high-fidelity, lossless listening — ensuring music is heard in its purest form.
- Audio Mixing Tools: Users have created nearly 9 billion playlists, and a new beta feature allows customizable track transitions for seamless listening.
- Enhanced Free Experience: Spotify has rolled out updates globally, giving free users more control, connection, and sharing options.
- Messages Feature: Fans aged 16+ can now share music, podcasts, and audiobooks directly with friends.
- Spotify in ChatGPT: Integration with ChatGPT now lets users get AI-powered music and podcast recommendations across 2,000+ devices.
Adding Value & Doubling Down on Core Features
Spotify shipped over 30 new features this fall, including:
Enhanced Free Experience, Queue on Free, Jam Updates, Age Assurance, Apple TV Integration, Mixing Tools, The Drop, Gemini & Meta AI launches, and Audiobook Selects — all reinforcing Spotify’s status as a tech-driven entertainment platform.
What This Means for Artists and the Music Industry
Spotify’s Q3 2025 report proves that the streaming giant isn’t just expanding its user base — it’s evolving the ecosystem for creators. With improved monetization through ads, more tools for discovery, and expanded user experiences like Jam and ChatGPT integration, artists have more ways than ever to connect with fans and build lasting engagement.
For independent artists, these updates mean greater exposure and more creative opportunities, especially as new social and AI-driven tools bridge the gap between fans and creators.
In essence: Spotify’s third quarter of 2025 paints a picture of innovation, growth, and adaptability. With more users, more features, and stronger financial footing, the platform is clearly setting the stage for a new era of interactive, AI-powered music experiences.
