May 31, 2016
Spotify Gross Margin Per User

What Spotify’s Financials Tell Us About Streaming Audio Economics – Part 1

Spotify recently released data showing that it had surpassed $2 billion in revenue with an 8.7% net loss. However, these were far from the most interesting data points that became public. The near doubling of advertising revenue, the fall in effective monthly revenue per user and the contracting margins are noteworthy.