Monetization OpportunitiesManagement signals more monetization opportunities with price increases and potential introduction of a super-premium tier.
Product InnovationsSpotify's product innovations delivered revenue growth of 20% ex FX with gross margins expanding 450 bps - strong evidence of its consumer value proposition.
Subscriber GrowthSpotify added 11M net subs to exit with 263M, 3M above the guide, and 35M monthly active users to 675M, 10m above the guide.