Archive edition for 2026-10-26. Researched and published on 2026-11-11 using information available by the archive date.
The three growth rates answer different questions about Spotify’s business. Premium subscribers measure the paying audience; monthly active users cover a wider group; revenue measures money earned. All three increased from the corresponding quarter a year earlier.
Revenue growth is reported in euros and includes currency effects. It should not be read as a direct measure of subscription price increases, because the business mix and other factors also affect revenue. The percentages have different denominators and must not be added together.