The headline stat from the company’s filing today (October 24): Spotify’s global Premium Subscriber base grew to 226 million paying users in Q3. That was up 16% YoY, and up by 3% YoY, or 6 million net subscribers, on the220 million that SPOT counted at the end of the prior quarter (Q2 2023). The music streaming company’s 6 million net subscriber additions in Q3 were 2 million ahead of guidance.
Source: Spotify added 6m Premium subscribers in Q3 – and posted a quarterly profit