Earnings call briefSecond-quarter 2026

Spotify Technology expects third-quarter revenue of about EUR 5 billion

The company also guides to operating income of EUR 670 million for the third quarter.

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Spotify Technology said on its second-quarter call on August 4, 2026 that it forecasts third-quarter total revenue of approximately EUR 5 billion, up 14%. It also forecasts 788 million monthly active users and 305 million subscribers for the quarter, with a gross margin of 32.9%. Chief Financial Officer Christian Luiga said the company expects about EUR 200 million of extra full-year operating expense.

Quotes from the call

“We're also forecasting total revenue of approximately EUR 5 billion in quarter 3 or 14% growth.”

Christian Luiga, CFO

Key facts from the call

Third-quarter revenue forecast
Approximately EUR 5 billion, 14% growth
Third-quarter subscribers forecast
305 million
Third-quarter gross margin forecast
32.9%
Third-quarter operating income guidance
EUR 670 million

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Source: Spotify Technology's second-quarter 2026 earnings call, August 4, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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