Spotify

Spotify is a freemium music streaming service provider founded in April 2006 by Daniel Ek and Martin Lorentzon. As of March 2026, it was one of the largest providers... Wikipedia

• Type of business:  Public
• Founded:  April 23, 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:  7,302 (June 2026)
• Subsidiaries:  Spotify AB, Spotify USA Inc, Spotify Ltd (UK), Several other regional subsidiaries
• Registration:  Required
• Users:  Free: 494 million, Paying: 300 million, Total: 777 million(June 30, 2026)
• Launched:  October 7, 2008
• Data source:  DuckDuckGo