Spotify Earnings Reports

Spotify delivered robust Q3 2025 results, exceeding expectations in revenue and free cash flow, with notable gains in operating income and user growth across all regions.

Spotify added more users and subscribers than expected and delivered record free cash flow. However, net income turned negative as share-based compensation increased due to stock appreciation.

Spotify reported a robust Q1 2025, achieving record Operating Income and strong user and subscriber growth despite macroeconomic challenges.