Spotify Forecasts Fourth-Quarter Profit Above Estimates on AI Bets
- On Thursday, Spotify reported third-quarter revenue of €4.97 billion, narrowly missing LSEG estimates of €4.98 billion, though operating income reached €672 million.
- Premium subscribers grew to 306 million with 6 million net new additions exceeding earlier guidance, helping drive double-digit increases in revenue and operating income.
- Monthly active users rose to 788 million, supported by AI-powered features like the AI DJ and prompt-based playlists that curate personalized music mixes.
- For the fourth quarter, Spotify predicts €5.2 billion in revenue and 316 million premium subscribers, with operating income forecast at €820 million for the holiday season.
- Co-CEO Alex Norstrom said the company has "built a strong business that keeps compounding," despite operating expenses rising 26% from marketing and cloud/AI spending initiatives.
22 Articles
22 Articles
Spotify subscribers reach 306 million as it rolls out new features
Spotify ended the third quarter with 306 million paying subscribers, up 9% from a year earlier, according to its third-quarter update, published on Thursday. Monthly active users rose 11% to 788 million. Revenue grew 16% to €4.97 billion, or 14% at constant exchange rates. Spotify subscribers grew by 6 million in the quarter, a million […] This story continues at The Next Web
The Spotify registered a profit of 518 million euros in the third quarter, falling by 42.4% in the annual comparison. The music streaming platform had revenues of 4.97 billion euros between July and September, growth of 16.3% over the same period of 2025. Our businesses had a good performance in the third quarter, with all the metrics we follow reaching or surpassing the goals, say Alex Norström and Gustav Söderström, Co-Directors-Presidents of …
The music broadcast giant Spotify reported on Thursday having gained 11 million monthly active users in the third quarter and having reached 788 million active users at the end of September, according to the company's forecasts.
Reformatorisch Dagblad
The Swedish music streaming service Spotify saw advertising revenue disappoint last quarter. However, the number of users and paying subscribers of the service increased slightly further in the third quarter, it was announced on Thursday.
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