Spotify reported first-quarter 2026 revenue of €4.5 billion. This represents a 14% year-over-year increase. Operating income reached €715 million, surpassing the company's prior guidance of €660 million.
Monthly Active Users grew to 761 million. This 12% year-over-year increase exceeded analyst estimates of 759 million. Premium subscribers rose to 293 million, marking a 9% increase that met market expectations.
Recent price hikes and improved operational efficiency drove the quarterly performance.