April 28, 2021

Spotify Technology S.A. Announces Financial Results for First Quarter 2021

NEW YORK–(BUSINESS WIRE)–Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2021 ending March 31, 2021. Dear Shareholders, We are pleased with our performance in Q1. The business delivered subscriber growth and Gross Margin at the top end of our guidance range, a continued improvement in ARPU, and operating income better than plan. We saw greater MAU variability this quarter, but results were within our range of expectations given the outperfo

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