During its second-quarter earnings call on Tuesday, Spotify again teased the upcoming release of a new product that will allow music fans to leverage AI to make covers and remixes of artists' music, with the artists' consent.
Although the revenue and EPS for Spotify (SPOT) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Spotify Technology SA (NYSE:SPOT) reported second-quarter profitability well above last year's results on Tuesday, as the music streaming giant crossed 300 million premium. The Stockholm-based company posted revenue of €4.78 billion for the quarter, up 14% from a year earlier, though just shy of analyst estimates of €4.79 billion.
Spotify has zoomed past 300 million subscribers for the first time, the company said on Tuesday. The streaming service also reached 777 million monthly active users in the second quarter, 12% more than a year earlier.
Spotify (SPOT) came out with quarterly earnings of $3.03 per share, missing the Zacks Consensus Estimate of $3.27 per share. This compares to a loss of $0.48 per share a year ago.
The Swedish audio streamer reports a 14% quarterly revenue increase from a year earlier.
Spotify Technology S.A.
Spotify is giving users a new way to personalize their playlists with “User Notes,” a feature that lets them add their own notes to individual tracks, the company announced on Thursday.
Besides Wall Street's top-and-bottom-line estimates for Spotify (SPOT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2026.
Spotify (SPOT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Spotify will report its Q2 on Tuesday, August 4. Ahead of the release, shares have continued to struggle and are trading at the back-end of its 52-week range. This follows a fairly strong Q1 quarterly release earlier in the year, albeit with lower-than-expected guidance for Q2.
The latest trading day saw Spotify (SPOT) settling at $494.72, representing a +2.5% change from its previous close.