Karachi(WNAM Report): Spotify announced its First Quarter 2026 earnings, marking a strong start to its Year of Raising Ambition, with continued momentum across the business and ongoing innovation on the platform, further personalizing discovery and control for users.
Q1 results were in line with or ahead of expectations across all key metrics, with robust growth in both MAUs and subscribers. The platform surpassed 760 million monthly active users and delivered its second-highest gross margin to date.
Notable highlights from the Q1 2026 results include:
- Premium Subscribers grew 9% Y/Y to 293 million
- Monthly Active Users (MAUs)climbed 12% Y/Y to 761 million
- Total Revenue increased 14% Y/Y constant currency to €4.5 billion
- Gross Marginimproved by ~140 bps Y/Y to 33%
- Operating Incomereached €715 million
Alex Norström, Co-CEO, said: “We surpassed 760 million MAU, delivered on the subscriber growth we aimed to achieve, and saw healthy engagement from existing users, reactivations and new users alike. Since the global rollout of our more personalized free experience, users in key markets like the US are listening and watching more days per month. All that reinforces our confidence in sustained
