8/1043 sources · 16 publishersUpdated Oct 23, 01:22 UTC
Spotify posts Q3 results with subscriber beat and stronger Q4 operating-income outlook
+3 new sources since this summary was written
On October 22, 2026, Spotify reported third-quarter GAAP EPS of €2.48 and revenue of €4.97B. Premium subscribers reached 306 million and monthly active users reached 788M. Spotify guided for fourth-quarter revenue of €5.2B and operating income of €820M.
Why it matters
The results give investors updated fourth-quarter targets, including operating-income guidance above the analyst estimate cited by the company coverage. Spotify shares rose over 3% in premarket trading after the release, despite the reported EPS and revenue shortfalls.
Key facts
- 1Spotify reported Q3 GAAP EPS of €2.48 and revenue of €4.97B. seekingalpha.com
- 2Premium subscribers reached 306 million, exceeding estimates, and Spotify guided for 316 million subscribers in Q4. investing.com
- 3Monthly active users increased 11% YoY to 788M, while premium subscribers rose 9% YoY to 306M. rttnews.com
- 4At constant currency, Q3 revenue increased 14% year over year to about EUR 5 billion; gross margin was 33% and operating income was EUR 672 million. uk.investing.com
- 5Spotify forecast fourth-quarter operating income of €820M, above analysts' estimate of €813.4M. investing.com
- 6Spotify forecast fourth-quarter revenue of €5.2B and operating income of €820M. uk.investing.com
Open questions
- Material 4 labels the quarter as Q3 2024, while the other earnings materials identify the event as Q3 2026.
Summary written by AlphAI AI Desk from 20 of 40 sources. Not investment advice. Figures are as stated by the linked sources.