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Store Intelligence · Adam Spannbauer · October 2018
Pandora Revenue on Mobile Grew 14% in Q3 to $97 Million
Pandora revenue grew 14% in Q3 2018, according to Sensor Tower Store Intelligence estimates.
Music streaming service Pandora saw growth in terms of both revenue and downloads this past quarter. According to Sensor Tower's Store Intelligence estimates, Pandora's revenue for Q3 reached $97.7 million worldwide, which represents a 14 percent year-over-year increase from $82 million in 3Q17.
Pandora also witnessed quarter-over-quarter growth during Q3 in terms of new installs. The publisher saw a 2.6 percent increase in downloads compared to the second quarter, with eight million total downloads for Q3. Installs were down about 8 percent year-over-year to eight million, having totaled 8.7 million in the year-ago quarter.
