Spotify delivered a solid quarter. 761M MAUs up 12% YoY, 293M premium subscribers, gross margin hit a Q1 record at 33%, operating income โฌ715M up 40% YoY. Revenue missed slightly in absolute terms but in constant currency revenue grew 15% and free cash flow hit โฌ824M, 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
3 mesi fa
Spotify earnings visualisation ๐
NoRiskNoFun
3 mesi fa
Spotify Q1 2026 earnings ๐
Jonathan123
3 mesi fa
Earnings
Swan100
3 mesi fa
Below 500
Any reason for this drop below $500. This seems like a company that will continually go up, think itโs a good time to enterโฆ
Thoughts from any analysts?
MSUWH
4 mesi fa
About time
Itโs 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
4 mesi fa
No one say the r word
I mean ๐. Or the stock will hear us.
nsherpa08
5 mesi fa
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
5 mesi fa
12% Week โ Not Bad
Almost +12% this week for Spotify. Thatโs the kind of bounce that reminds you why patience matters.
Big congrats to those who bought the dip.
StefanikLubo
6 mesi fa
Spotify Volatility Mode
Today feelsโฆ turbulent ๐
Did I miss something, or is this just classic Spotify volatility?
StefanikLubo
6 mesi fa
Future
After yesterdayโs gains, sure โ maybe we see a small pullback. But I donโt 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? Iโm buying.
Thanks you, NoRiskNoFun
sscar44
6 mesi fa
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
6 mesi fa
Spotify membership numbers ๐
NoRiskNoFun
6 mesi fa
Spotify earnings visualisation ๐
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Domande frequenti
Qual รจ il prezzo dellโazione Spotify Technology?
Il prezzo attuale di Spotify Technology รจ 511,82ย $.
Qual รจ il massimo a 52 settimane di Spotify Technology?
Il massimo a 52 settimane per Spotify Technology รจ 748,32ย $.
Qual รจ il minimo a 52 settimane di Spotify Technology?
Il minimo a 52 settimane per Spotify Technology รจ 404,98ย $.
Qual รจ lโandamento settimanale di Spotify Technology?
Nellโultima settimana, il prezzo di Spotify Technology รจ cambiato di 2,38%.
Qual รจ la performance mensile di Spotify Technology?
Nellโultimo mese, il prezzo di Spotify Technology รจ cambiato di 3,62%.
Qual รจ la performance a 3 mesi di Spotify Technology?
Negli ultimi tre mesi, il prezzo di Spotify Technology รจ cambiato di 19,74%.
Qual รจ la performance a 6 mesi di Spotify Technology?
Negli ultimi sei mesi, il prezzo di Spotify Technology รจ cambiato di 21,11%.
Qual รจ il rendimento annuale di Spotify Technology?
Nel corso dellโultimo anno, il prezzo di Spotify Technology รจ cambiato di -25,47%.