RevenueDec '19Mar '20Jun '20Sep '20Dec '20Mar '21Jun '21Sep '21Dec '21Mar '22Jun '22Sep '22Dec '22Mar '23Jun '23Sep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25
Premium Revenue

3,170

3,247

3,351

3,516

3,705

3,771

Ad-Supported Revenue

501

389

456

472

537

419

Total Revenue

3,671

3,636

3,807

3,988

4,242

4,190

Revenue by GeographyDec '19Mar '20Jun '20Sep '20Dec '20Mar '21Jun '21Sep '21Dec '21Mar '22Jun '22Sep '22Dec '22Mar '23Jun '23Sep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25
United States Revenue

1,456

1,394

1,469

1,577

1,696

1,650

United Kingdom Revenue

341

336

356

385

406

398

Luxembourg Revenue

3

2

2

2

4

3

Other Countries Revenue

1,871

1,904

1,980

2,024

2,136

2,139

Total Revenue by Geography

3,671

3,636

3,807

3,988

4,242

4,190

Gross ProfitDec '19Mar '20Jun '20Sep '20Dec '20Mar '21Jun '21Sep '21Dec '21Mar '22Jun '22Sep '22Dec '22Mar '23Jun '23Sep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25
Premium Gross Profit

922

979

1,051

1,178

1,287

1,262

Ad-Supported Gross Profit

58

25

61

62

81

64

Other Gross Profit

5

17

Total Gross Profit

985

1,004

1,112

1,240

1,385

1,326

Key Performance IndicatorsDec '19Mar '20Jun '20Sep '20Dec '20Mar '21Jun '21Sep '21Dec '21Mar '22Jun '22Sep '22Dec '22Mar '23Jun '23Sep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25
Premium Subscribers

236

239

246

252

263

268

Ad-Supported Monthly Active Users (MAU)

379

388

393

402

425

423

Total Monthly Active Users (MAU)

602

615

626

640

675

678

Monthly Premium Average Revenue per User (ARPU)

4.6

4.6

4.6

4.7

4.9

4.7