Spotify Q4 2025 Earnings Beat Forecasts With €4.53B Revenue and €4.43 EPS
On February 10, 2026, Spotify Technology S.A. reported fourth-quarter earnings that surpassed analyst expectations, with earnings per share of €4.43 and revenue of €4.53 billion. The company's monthly active users rose to 751 million and premium subscribers reached 290 million, while its stock price jumped about 15% in early trading. Spotify guided for further user growth in the first quarter of 2026, projecting 759 million monthly active users, 293 million paid subscribers and revenue of €4.5 billion.