Spotify stock reports 300 million Premium subscribers
Published on 09/25/2026 at 11:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Spotify Technology (ISIN unavailable) stood at USD 511.38 on the NYSE at 4:00 p.m. ET on September 24, 2026, up 0.19 percent from the prior session. The latest quarterly figures show 300 million Premium subscribers and revenue of USD 5.55 billion, up 14 percent year over year, according to Zacks.
Profitability outpaces user growth
Spotify's Q2 operating income reached EUR 655 million, an increase of 61 percent from the year-ago quarter. Operating margin expanded to 13.7 percent from 9.7 percent, while gross margin reached 33.4 percent, up from 31.5 percent a year earlier, according to Zacks. The comparison matters because Spotify is converting scale into higher operating profitability even as marketing, cloud and artificial intelligence spending increases.
Premium subscribers exceeded management guidance by 1 million to reach 300 million. Monthly active users rose 12 percent year over year to 777 million, while ad-supported revenue increased 1 percent to EUR 446 million, according to Zacks.
Q3 brings the next checkpoint
Spotify is scheduled to publish its third-quarter 2026 results before the market opens on October 22, 2026, followed by a question and answer session at 8:00 a.m. ET, according to Business Wire. Management's Q3 guidance calls for 788 million monthly active users, 305 million Premium subscribers, EUR 670 million in operating income and a 32.9 percent gross margin, according to Zacks. The key comparison for the next report is therefore not subscriber scale alone, but whether operating income can remain near the Q3 guide while advertising growth improves.
Stock remains below yearly high
Spotify stock's September 24 price of USD 511.38 was 31.0 percent below its 52-week high of USD 740 and 26.3 percent above its 52-week low of USD 405. The company had a market capitalization of USD 105.13 billion on the same date.
Spotify Technology at a glance
- Company: Spotify Technology S.A.
- Ticker: SPOT
- Trading venue: NYSE
- Price as of September 24, 2026, 4:00 p.m. ET: USD 511.38
- Market capitalization: USD 105,131,650,753 as of September 24, 2026
- 52-week range: USD 405-740 as of September 24, 2026
- Sector / Industry: Communication Services / Internet Content and Information
- Next earnings date: October 22, 2026
