{
  "id": 16029682,
  "title": "Spotify Subscriber Gains Beat Expectations, Driving Double-Digit Revenue Growth in Q3",
  "url": "https://urgent.news/2026/10/22/spotify-subscriber-gains-beat-expectations-driving-double-digit",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T10:01:00.000Z",
  "source": {
    "name": "Billboard",
    "slug": "billboard",
    "url": "https://www.billboard.com/pro/spotify-q3-earnings-report-subscriber-gains-revenue-growth/"
  },
  "original_language": "en",
  "account": "Spotify reported a 14% increase in total revenue to €4.97 billion ($5.63 billion) in the third quarter, driven by a 9% rise in ad-supported revenue to €482 million ($546 million) and double-digit growth in net new subscribers. The streaming service added 6 million net new premium subscribers, exceeding expectations by 1 million, bringing the total to 306 million users worldwide. This growth in paying users resulted in a 15% increase in revenue from paying users to €4.5 billion ($5.08 billion) compared to the previous year. Monthly active users (MAUs) also grew by 11% year-over-year to 788 million. Operating income rose 12% year-over-year to €672 million, with gross margin expanding by 136 basis points to 33%. Despite operating expenses increasing by 26% to €967 million ($1.1 billion), the gross margin improvement and growth in revenue helped offset the higher costs.",
  "summary": "\"This was a quarter where we did what we said,\" said Spotify Co-CEO Alex Norström.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}