Deezer has delivered its first ever profit.
The Paris-based streaming platform reported net income of €8 million in the 12 months ending December 31. Adjusted EBITDA was €10 million, up from a loss of €4m in 2024.
Deezer increased subscribers in its core market of France by 8.6% year-on-year to 3.8 million.
For the Rest Of The World, Deezer added 100,000 subscribers to reach 1.9m.
While direct subscribers were up 8.3% to 5.7m, Deezer saw a drop of one million subscribers via its Partnerships segment to 3.4m.
Deezer reported that it has renewed 10 major distribution agreements (including TIM and Sonos) and expanded with six new ones (including EDF and Chippu).
Our leadership on AI-music transparency and fair artist remuneration has strengthened our reputation across the industry
Alexis Lanternier
Alexis Lanternier, CEO of Deezer, said: “2025 marked a turning point for Deezer. For the first time in our history, we delivered positive net income, alongside sustained positive free cash flow and double-digit adjusted EBITDA. We met or exceeded all of our financial commitments and delivered solid performance, despite some headwinds in our Partnerships segment.
“Our strategy is gaining traction and delivering tangible results. Gen Z audiences are increasingly connecting with the Deezer brand, and we are seeing continued subscriber growth in France and a return to growth in the Rest of World.”
He added: “Our leadership on AI-music transparency and fair artist remuneration has strengthened our reputation across the industry. Deezer is recognized as a platform that genuinely cares about music, artists and fans. We enter 2026 from a position of strength with improved visibility and a leaner cost base.
“After a disciplined test-and-learn phase, we are now scaling what works. We have a clear roadmap, strong execution focus and the ambition to make Deezer the most trusted music platform for fans, artists and partners worldwide, continuing to lead the way in helping music thrive.”
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