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Spotify's growth looks like a victory lap, hits 750 million monthly users

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For the fourth quarter of 2025, Spotify generated €4.5 billion ($5.4 billion) in total revenue – a six percent increase quarter-over-quarter and up seven percent compared to the same period in 2024. Gross margin reached 33.1 percent, and operating income of €701 million exceeded expectations due to lower than anticipated social charges.Read Entire Article