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Spotify fiscal Q3 2026 revenue rises 16% as net profit falls 42.38%
Spotify reported fiscal third-quarter 2026 revenue of €4.969 billion, up 16% year on year, while net profit attributable to parent-company shareholders fell 42.38% to €518 million. Monthly active users reached 788 million and Premium subscribers totaled 306 million. Free cash flow declined 9% year on year to €735 million.
What to know
- 01
Overall gross margin reached 33.0%, an increase of 136 basis points year on year.
- 02
Operating expenses rose 26% year on year to €967 million, mainly driven by marketing and cloud and AI spending.
Why it matters
The report provides a mixed view of Spotify's financial performance, with higher revenue and gross margin alongside lower net profit attributable to shareholders.
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