Spotify Adds Record Monthly Users and Hits 290 Million Paid Subscribers in Q4, New Co-CEO Says 2026 Will Be ‘Year of Raising Ambition’

Some key metrics

* **Premium Subscribers** grew 10% Y/Y to **290 million**
* **Monthly Active Users (MAUs)** climbed 11% Y/Y to **751 million**
* **Total Revenue** increased 13% Y/Y constant currency to **€4.5 billion**
* **Gross Margin** improved by 83 bps Y/Y to **33.1%**
* **Operating Income** reached **€701 million**

EPS Expected 3.30 vs Actual 5.28

Revenue Expected 5.37 billion vs actual 5.396 billion

Disclosure I own Spotify shares