You can now use Spotify to knock out a 10-minute Pilates session, a weighted glutes circuit, or a bit of morning yoga.
Spotify reported 293 million paid subscribers in the first quarter of 2026, up 1% over the previous quarter and up 9% year-over-year. The streaming service reported 761 million monthly active users, up 12% year-over-year, while total revenue reached €4.53 billion, or about $5.3 billion, up 8% year-over-year.
Between the April 27 regular session, when the stock of the music streaming giant Spotify (NYSE: SPOT) fell 4.28% to $495.82, and the April 28 extended session, when it crashed 9.24% to $450, the company's equity plummeted more than 13% within just 24 hours.
Spotify's soft guidance overshadowed a first-quarter earnings beat and the stock plummeted. The company expects to add 17 million net users to reach 778 million MAUs this quarter and to grow its premium subscribers by 6 million to 299 million.
Spotify (SPOT) came out with quarterly earnings of $4.04 per share, beating the Zacks Consensus Estimate of $3.72 per share. This compares to earnings of $1.13 per share a year ago.
Spotify forecast second-quarter earnings and premium subscriber growth below Wall Street expectations, signalling a slowdown in key markets. The Swedish streaming giant's shares fell nearly 9% in premarket trading following the announcement.
Spotify forecast second-quarter earnings and premium subscribers below Wall Street estimates on Tuesday, a sign of slowing growth for the Swedish streaming giant in its major markets of Europe and North America.
The streaming-audio company recently announced an expansion into fitness content through a partnership with Peloton.
Audio-streaming giant Spotify is branching into fitness programming, with guided workout experiences designed to appeal to the 70% of its users who work out at least monthly.
After expanding into podcasts, audiobooks, video, and even physical books, Spotify on Monday announced its next big category: fitness content.
Abacus FCF Advisors LLC cut its stake in shares of Spotify Technology (NYSE: SPOT) by 14.5% in the undefined quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,854 shares of the company's stock after selling 3,881 shares during the period. Spotify Technology accounts for about 1.7%
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