Storytel Reports Record 2025 Profits as Lars Wingefors Joins Board to Drive AI-Led Growth

Storytel Group delivered a landmark 2025 performance, reporting 9% revenue growth at constant exchange rates to 4.02 billion SEK, with streaming revenues reaching 3.52 billion SEK. The company achieved record profitability with a full-year gross margin of 45.6% — up from 44.8% in 2024 — and net profit of 504 million SEK, more than doubling its 2024 result of 213 million SEK. CEO Bodil Eriksson Torp announced a strategic shift toward AI-driven innovation for 2026. Lars Wingefors, founder of Embracer Group, has been nominated to the Board of Directors. Storytel is preparing for a 2026 listing on the Nasdaq Stockholm Main Market and has proposed its first-ever dividend of 1.50 SEK per share. The subscriber base reached over 2.6 million across Storytel, Mofibo, and Audiobooks.com, with more than 1.8 million titles in 55 languages.