Overview
- Spotify said on Thursday, October 22, 2026 that Q3 results included 306 million Premium subscribers, 788 million monthly active users and €5.0 billion in revenue.
- The company reported a 33.0% gross margin and €672 million operating income, both ahead of expectations thanks to lower-than-forecast marketing and personnel costs.
- Spotify gave Q4 guidance that forecasts 316 million Premium subscribers, 818 million MAUs, €5.2 billion revenue and €820 million operating income, linking near-term targets to product rollouts.
- Management announced a rapid content and creator push that will expand audiobooks from 22 markets to more than 180 by year-end and roll out Creator Memberships in 34 markets plus the Partner Program in 35+ new markets.
- Ad-supported revenue and automated ad sales are growing, and recent AI work including an integration with Meta’s Muse and new personalization tools aim to boost engagement and open new creator revenue streams.