Spotify added a record 38 million new listeners in the last three months of 2025

Spotify’s stock surged 15% this week following its stellar fourth-quarter report, marking its best trading day since 2019. The Swedish company reached a record-breaking 751 million monthly active users in the fourth quarter.

Its revenue rose to approximately $5.40 billion (4.53 billion euros), a 7% increase from last year.

Recent price hikes in the US, Estonia, and Latvia bolstered the audio streaming platform’s profitability. It also ran a highly successful Spotify Wrapped campaign that generated over 300 million user interactions and 630 million social media shares.

Notably, Spotify added a record 38 million new listeners in the last three months of 2025. It expects 8 million new users this quarter.

Beyond music, Spotify is diversifying its ecosystem by rolling out audiobooks in new territories, launching music videos for premium members, and integrating advanced AI tools.