SPOTIFY Q1 BEATS EXPECTATIONS WITH 761M USERS

INDUSTRY DESK■ 1 MIN READ

TUE, APR 28, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Spotify reported first-quarter revenue of €4.5 billion, up 14% year-over-year, with monthly active users reaching 761 million—surpassing analyst estimates of 759 million.

The streaming giant added 12% more users compared to the same period last year, driven by growth across regions. Premium subscriber count climbed 9% year-over-year to 293 million, reflecting sustained demand for paid tiers. Operating income reached €715 million in Q1, demonstrating improved profitability as Spotify scales. The results underscore the company's ability to grow its user base while maintaining pricing discipline, a key focus after years of investment in podcast content. The stronger-than-expected user growth comes as Spotify continues balancing content acquisition costs with revenue expansion. The company's premium subscriber growth, while solid, remains modest compared to overall MAU gains, indicating a large pool of free-tier users the platform continues to monetize.

■ SOURCES

► Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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SPOTIFY Q1 BEATS EXPECTATIONS WITH 761M USERS

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