Spotify reported 788 million users and 306 million subscribers for Q3 2026, expanding its audience while improving profitability.
Monthly active users (MAUs) increased 11% year over year. Gross margin reached 33.0%, the company’s highest third-quarter level.
Revenue grew at a mid-teens percentage rate as the business became more efficient at scale. Results met or surpassed analyst forecasts on most key performance indicators.
Spotify shares, traded under the ticker SPOT, gained 5% in Wednesday’s premarket session. The stock had declined 6% for the year before that move.
The company also expanded personalized audio features and tools for creators to earn money across global markets.
Those initiatives included the global expansion of the Spotify Partner Program and the rollout of Creator Memberships, providing podcast creators with additional ways to monetize their audiences.
