Spotify Q4 Earnings: Soaring Profits

Here's our initial take on Spotify's (SPOT 10.11%) fourth-quarter financial report.Key MetricsMetricQ4 2023Q4 2024Changevs. ExpectationsRevenue3.67 billion euros4.24 billion euros+16%BeatEarnings per share(0.36 euros)1.76 eurosN/AMissPremium subscribers236 million263 million+11%n/aFree cash flow396 million euros877 million euros+121%n/aCapping an Incredible YearSpotify turned its attention to profits and free cash flow in 2024, and boy did it deliver. Through a combination of price increases and cost cuttin ...