Spotify delivered a solid quarter. 761M MAUs up 12% YoY, 293M premium subscribers, gross margin hit a Q1 record at 33%, operating income €715M up 40% YoY. Revenue missed slightly in absolute terms but in constant currency revenue grew 15% and free cash flow hit €824M, up 54% YoY.
The margin story is finally becoming real. This isn't just management talking about profitability anymore, the numbers are actually showing up. Only weak spot was ad supported revenue which declined 5% reported, so that segment is still not pulling its weight.
Q2 guidance calls for 778M MAUs and 299M premium subs which looks healthy. If you're long Spotify on the thesis that they're still early in monetizing their user base, this quarter gives you more reason to stay confident.
NoRiskNoFun
hace 3 meses
Spotify earnings visualisation 📊
NoRiskNoFun
hace 3 meses
Spotify Q1 2026 earnings 📊
Jonathan123
hace 3 meses
Earnings
Swan100
hace 3 meses
Below 500
Any reason for this drop below $500. This seems like a company that will continually go up, think it’s a good time to enter…
Thoughts from any analysts?
MSUWH
hace 4 meses
About time
It’s right that Spotify is moving in the right direction again. 700m + active users interacting with your app eventually has to count for something. Onwards and upwards from here. No competitor is even close.
remytherat
hace 4 meses
No one say the r word
I mean 🚀. Or the stock will hear us.
nsherpa08
hace 5 meses
Summer
I haven't invested in Spotify before but anyone who's been with Spotify does the value go up in summer if so should i buy now?
StefanikLubo
hace 5 meses
12% Week — Not Bad
Almost +12% this week for Spotify. That’s the kind of bounce that reminds you why patience matters.
Big congrats to those who bought the dip.
StefanikLubo
hace 6 meses
Spotify Volatility Mode
Today feels… turbulent 😅
Did I miss something, or is this just classic Spotify volatility?
StefanikLubo
hace 6 meses
Future
After yesterday’s gains, sure — maybe we see a small pullback. But I don’t see a real reason for Spotify to keep falling.
Subscriber numbers were posted here recently, and despite the growing gap between paying and non-paying users, the scale is massive. Long term? I’m buying.
Thanks you, NoRiskNoFun
sscar44
hace 6 meses
Interested
Wow, the price correction is looking very good.
I haven't really looked into this stock before, anyone got any view?
(Of course I'm doing my own research now haha)
NoRiskNoFun
hace 6 meses
Spotify membership numbers 📈
NoRiskNoFun
hace 6 meses
Spotify earnings visualisation 📊
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Preguntas frecuentes
¿Cuál es el precio de la acción de Spotify Technology?
El precio actual de Spotify Technology es 511,82 $.
¿Cuál es el máximo de 52 semanas de Spotify Technology?
El máximo de 52 semanas de Spotify Technology es 748,32 $.
¿Cuál es el mínimo de 52 semanas de Spotify Technology?
El mínimo de 52 semanas de Spotify Technology es 404,98 $.
¿Cuál es el rendimiento semanal de Spotify Technology?
Durante la última semana, el precio de Spotify Technology ha cambiado en 2,38 %.
¿Cuál es el rendimiento mensual de Spotify Technology?
Durante el último mes, el precio de Spotify Technology ha cambiado en 3,62 %.
¿Cuál es el rendimiento a 3 meses de Spotify Technology?
En los últimos tres meses, el precio de Spotify Technology ha cambiado en 19,74 %.
¿Cuál es el rendimiento de 6 meses de Spotify Technology?
En los últimos seis meses, el precio de Spotify Technology ha cambiado en 21,11 %.
¿Cuál es el rendimiento anual de Spotify Technology?
En el último año, el precio de Spotify Technology ha cambiado en -25,47 %.