That’s up 20% from a year earlier and marks a record increase in net new listeners.
By the end of March, Spotify expects its total active listeners count to hit 500 million.
Spotify, unlike Apple Music, has a free tier that lets anyone listen to music with advertising.
Shares in Spotify were up 4.4% at $104.35 in recent premarket trade.
Through Monday’s close, Spotify’s stock has dropped more than 40% in the last year.
Revenue rose 18% to 3.17 billion euros in the quarter.
Midia estimates it’s about 14%.
