Spotify Q3 Earnings and Revenue Miss Estimates as Subscribers Reach 306 Million
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Spotify Technology S.A. reported lower quarterly earnings and revenue below analyst estimates as Premium subscribers grew 9% to 306 million, exceeding the company’s outlook for the quarter ended Sept. 30, 2026. Spotify released the results Oct. 22. Diluted earnings per share were €2.48, compared with €3.28 a year earlier. Revenue was €4.97 billion, below analyst estimates and Spotify’s €5.0 billion outlook. Net income fell to €518 million from €899 million in the year-earlier quarter. Premium subscribers reached 306 million, one million above the company’s outlook of 305 million.
Source: TokenPost
