Spotify Q1 Revenue Rises 8%, Premium Subscribers Inch Up to 293 Million Amid U.S. Price Hikes

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Spotify Q1 Revenue Rises 8%, Premium Subscribers Inch Up to 293 Million Amid U.S. Price Hikes

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Here are the numbers EPS expected 3.46 Actual 4.04 Revenue Expected 5.3 billion in revenue Actual 5.30 billion Some other key metrics were gaining 3 million Premium subscribers in the period to reach 293 million total, notwithstanding its recent price increases in the U.S. Total monthly active users (including both free and paid) climbed 12% year over year to 761 million, slightly ahead of its prior guidance of 759 million. The company’s Q1 gross margin of 33.0% was its second-highest to date, up from 31.6% a year prior. Spotify forecast second-quarter earnings and premium subscribers below Wall Street estimates on Tuesday. Street isn't happy with guidance sort of like Netflix and their earnings. Disclosure I own spotify shares

109 pts · 25 comments · u/TAKINAS_INNOVATION · 2026-04-28 10:11 UTC

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