Spotify forecasts higher holiday-quarter profit and subscriber growth
Spotify ($SPOT) reported third-quarter 2026 revenue of approximately €4.97 billion and operating profit of €672 million. Premium subscribers increased 9% to 306 million, while monthly active users rose 11% to 788 million. Gross margin reached 33%, an improvement of 136 basis points, as the audio-streaming business continued to scale. For the fourth quarter of 2026, management expects operating profit of €820 million, above the approximately €813 million analyst consensus cited by Reuters. It pro
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