Spotify Technology

Leaders in all industries rely more than ever on Big Tech—and appreciate the giants that deliver, at scale, without drama.

World's Most Admired Companies

The European edition of the Fortune 500, ranking companies by revenue.

Fortune 500 Europe

The first-ever European edition of the Fortune 500, ranking companies by revenue. 

F500 EUROPE 2023 SPOTIFY Music And Sound Streaming Platforms Stock Photos

Spotify Technology ranks 285 with $12.3 billion in revenue (up 7.9%). The Sweden-headquartered entertainment company has 8,359 employees and made a loss of $452 million.

These innovative companies are laying the foundations for robust growth—and outsize returns for shareholders.

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Spotify has steadily pulled ahead in recent years in the streaming-audio wars: The company now claims an industry-leading market share of about 30%, with nearly 600 million monthly users and 226 million paid subscribers. Spotify continues to be at the center of heated debates over how much—or how little—musicians get paid for their work. But its growing influence in podcasting and live music as well as music streaming, along with its pricing power, have made investors optimistic. (Above: Dominican artist Natti Natasha performs at a Spotify-sponsored concert in Chicago.) Analysts forecast that Spotify’s revenue will top $14 billion in 2023 and grow another 19% in 2024.

The Future 50

Explore this year's ranking of the 50 companies with the best long-term growth potential.

Future 50-2020-Spotify

<p class="p1">Daniel Ek’s pioneering audio platform has always been a clever piece of Swedish kit—a two-sided marketplace that makes money both from listeners and creators. With the live-entertainment industry on its knees, thanks to a pandemic, Spotify has a fresh window of opportunity to double down on artist services and exclusive content (such as podcasts) and has proved effective at wooing customers away from competitors like Apple.</p>

Fortune's proprietary methodology allows us to zero in on the 50 global firms that are best poised to deliver—and continue delivering—above average gains.

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Spotify Technology (SPOT): Company Profile, Stock Price, News, Rankings

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spotify technology

Spotify Technology (SPOT): Company Profile, Stock Price, News, Rankings | Fortune

Ryan Hogg

The billionaire pipeline: How a 2000s startup boom fueled Europe’s tech renaissance

/europe/2025/03/25/billionaire-pipeline-startup-boom-tech-renaissance-skype-spotify-wise-monzo-unicorns-accel/

Chloe Berger

Global pop star says she can’t afford to take a week off due to how little she gets paid from streaming

/article/how-much-does-spotify-pay-per-stream/

Andrew Nusca

Tesla’s Cybertruck just can’t catch a break

/2025/03/17/tesla-cybertruck-just-cant-catch-a-break/

Lucas Shaw

Bloomberg

Spotify signs Bill Simmons, its $250 million man, to a new deal

/2025/03/12/spotify-bill-simmons-podcast-ringer/

What we know about Meta’s first in-house AI training chip (so far)

/2025/03/12/what-we-know-about-metas-first-in-house-ai-training-chip-so-far/

https://fortune.com/article/how-much-does-spotify-pay-per-stream/?itm_source=parsely-api

https://fortune.com/2025/03/12/spotify-bill-simmons-podcast-ringer/?itm_source=parsely-api

Spotify’s HR chief says remote staff aren’t ‘children’ as company sticks to work-from-anywhere policy

https://fortune.com/europe/article/spotify-hr-chief-remote-staff-arent-children-company-sticks-to-work-from-anywhere-policy/?itm_source=parsely-api

Daniel Ek’s body scanning startup hits £1.4 billion valuation with 100,000 people lining up to pay £299 for a health check

https://fortune.com/europe/2025/01/23/daniel-ek-body-scanning-startup-valuation-100000-people-lining-up-pay-299-for-health-check/?itm_source=parsely-api

Chris Morris

Spotify reportedly poised to launch a higher-priced tier for subscribers

https://fortune.com/2025/02/18/spotify-music-pro/?itm_source=parsely-api

https://fortune.com/europe/2025/03/25/billionaire-pipeline-startup-boom-tech-renaissance-skype-spotify-wise-monzo-unicorns-accel/?itm_source=parsely-api

Ashley Carman

'Call Her Daddy' podcast host inks $100 million deal with Sirius XM

https://fortune.com/2024/08/20/call-her-daddy-podcast-host-sirius-deal-howard-stern-100million/?itm_source=parsely-api

Luisa Beltran

Authors strike back against AI stealing their books as licensing startup Created by Humans raises $5.5 million seed round

https://fortune.com/2025/01/28/openai-chatgpt-a-i-microsoft-publishing-spotify-napster-authors/?itm_source=parsely-api

Spotify Technology

Spotify Technology in Fortune Rankings

Spotify Technology stock chart