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Spotify posts Q3 revenue of €4.97B and operating income of €672M, beating guidance

SPOTSpotify Technology S.A.

Spotify Technology S.A. reported third-quarter 2026 results with total revenue of €4,969 million, a 16% year-over-year increase, and operating income of €672 million. The company exceeded its financial guidance, driven by a gross margin record high of 33.0% and strong performance in both Premium and Ad-Supported segments. Premium subscribers grew 9% to 306 million, while total monthly active users increased 11% to 788 million. Free cash flow reached €735 million, bringing the trailing twelve-month total to €3.2 billion. The company also announced product expansions including global audiobooks and creator memberships. Spotify Technology S.A. operates a digital audio streaming service.

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