Spotify

Spotify’s Q3 print came in above our top- and bottom-line estimates.

Spotify reports Q3 earnings on Tuesday, November 4, before the market opens. We expect Q3 revenue to be in line with guidance, driven by robust MAU/subs growth, but FX headwinds to weigh on ARPU.

Spotify announced today that founder and CEO Daniel Ek will transition to the role of Executive Chairman as of January 1, 2026, while Gustav Söderström, Co-President and Chief Product & Technology Officer, and Alex Norström, Co-President and Chief Business Officer, will assume the roles of co-CEOs.

Spotify’s Q2 print missed our top- and bottom-line estimates. Still, subscriber growth outperformed once again, driven by broad-based strength across all markets

Spotify’s Q2 print missed our top- and bottom-line estimates. Still, subscriber growth outperformed once again, driven by broad-based strength across all markets

Spotify reports Q2 earnings on Tuesday, July 29, before the market opens. We expect the business to continue to show resilience amid continued macroeconomic and geopolitical uncertainty

Spotify’s Q1 print was broadly in line with our expectations, though net subscriber additions surprised positively. However, guidance for Q2’25 came in somewhat below both our and Street’s estimates, particularly on MAUs, revenue, and operating income.

Spotify’s Q1 print was broadly in line with our expectations. However, the Q2’25 guidance came in a bit shy of both our and Street’s estimates, particularly on MAUs, revenue, and operating income.

Spotify will report Q1 earnings on Tuesday, April 29, before the market opens. The company enters earnings season with strong momentum and a macro environment that, while uncertain, likely has minimal impact on its core business.

Spotify reported an overall very strong, better-than-expected Q4 report. The report had many bright spots, including a notable beat in MAUs and subscribers.

Spotify reported an overall very strong, better-than-expected Q4 print. The report had many bright spots, most notably an impressive MAU and subscriber beat.

Spotify is set to release its Q4 earnings report on Tuesday, February 4, before the market opens. We believe key areas of focus in the report include gross margin, MAU/subscriber growth, monetization, and Q1’25 guidance.

Spotify’s impressive transformation into a profitable business with strong free cash flow generation, coupled with sustained high growth in its user base, underscores the platform’s strength and solid fundamentals.