Spotify is a Swedish 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 of music streaming services, with over 777 million monthly active users comprising 300 million paying subscribers. Spotify is listed on the New York Stock Exchange in the form of American depositary receipts. Spotify offers DRM-protected audio content, including over 100 million songs and over 7 million podcast titles, from record labels and media companies. Operating as a freemium service, the basic features are free with advertisements and limited control, while additional features, such as offline listening and commercial-free listening,... 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:  €17.186 billion (2025)
  • Operating income:  €2.198 billion (2025)
  • Net income:  €2.212 billion (2025)
  • Total assets:  €15.015 billion (2025)
  • Total equity:  €8.329 billion (2025)
  • Employees:  7,302 (June 2026)
  • Parent:  Spotify Technology S.A.
  • Subsidiaries:  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