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Its total users rose only 2percentt in the quarter, to 412 million.
This represents 25% of total users, which grew by 10 million two months prior.
According to the website, over a third of their total users are students.
The company was believed to have more than 10 million total users.
If Spotify grows to 140m total users and 40m paying subscribers, we will increase our payouts by five times".
Summer's forecast for total users by 2019 has also been trimmed, from 739 million to just 491 million.
The photo-messaging service Snapchat has now passed Twitter in total users, and its young demographic appeals to advertisers.
That is roughly double Spotify's total from May 2014, when it announced 10 million subscribers and 40 million total users.
The top ten social media sites reached over 3.8bn total users in 2013, and show few signs of slowing down.
In ten years' time, desktop-only users might be only a tiny part of its total users - and its revenue generation.
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