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SPOTNew York Stock Exchange

Spotify Financial Results (SPOT)

Report publication dates, analyst consensus, and how Spotify's share price reacted to previous earnings — all in one place, in English.

Updated: October 11, 2026

Share Price
529.14 USD
+0.52%
Market Cap
$108.80 bn
Next Report
October 22, 2026
confirmed date
Earnings Beat
75%
out of 4 last quarters
Average Share Price Movement
8.14%
on the session after publication
P/E Ratio
30.41
Spotify's Performance vs. ForecastsThe company beat analyst forecasts in 75% of the last 4 quarters.75%above forecasts
Share of quarters where Spotify's earnings beat analyst consensus — out of the last 4 reports.

When Spotify Releases Earnings

The next Spotify report is scheduled for October 22, 2026. The date is based on the company's announcement.

The expected earnings per share (EPS) is 2.84 USD. Analyst forecasts range from 2.51 to 3.33 USD. The market reacts not to the absolute earnings, but to the difference between the actual result and this forecast.

Expected revenue: 4.98 B USD.

Spotify's Latest Earnings Report: What the Numbers Showed

Spotify's last published report covers the quarter ended June 30, 2026. Revenue was $4.78 billion, and net income was $545.00 million. Earnings per share reached $2.61 compared to analysts' forecast of $2.80 — 6.65% below expectations. On the first trading day after the release, the share price changed by -0.84%.

Revenue
$4.78 bn
for the quarter
Net income
$545.00 million
for the quarter
EPS
2.61 USD
forecast 2.80
Surprise
-6.65%
vs. consensus
Share price after report
-0.84%
next trading day
Net margin
11.41%
net income to revenue

Insider Transactions: Spotify

Who from the management board, supervisory board, US Congress, or government bought and sold shares of this company — based on official filings.

Insider Buys · 12 mo.
2
≈ 2,002 $
Sales · 12 mo.
18
Unique individuals
8
in the last year
Last transaction
September 14, 2026
Latest transactionsForm 4, STOCK Act, OGE, MAR
Gil Cisneros
Gil Cisneros · Sale SPOT
$1K–$15KJune 18, 2026
Gil Cisneros
Gil Cisneros · Sale SPOT
$1K–$15K · December 24, 2025
Gil Cisneros
Gil Cisneros · Sale SPOT
$1k–$15k November 26, 2025
Gustav Soderstrom · Sale SPOT
$11.4MSeptember 14, 2026
Dustee Jenkins · Sale SPOT
$2M August 14, 2026
Gustav Soderstrom · Sale SPOT
$10.6M August 3, 2026
Alex Norstrom · Sale SPOT
$2.7M August 3, 2026
Gustav Soderstrom · Sale SPOT
$10M July 6, 2026
See insider faces on the chart in the app →

How the stock reacted to past earnings

The company beat analyst estimates in 75% of the last 4 quarters.

The average share price change on the day after earnings release is 8.14% — regardless of direction. The largest move was 17.44%. This number says more about the risk of holding a position through an earnings report than the earnings forecast itself.

Spotify Share Price Reaction to EarningsBar chart: Spotify share price change on the day after the last 4 earnings releases. Increased after 1 of them, decreased after 3. Largest movement: 17.44%.-3.74%Nov 25+17.44%Feb 26-10.54%Q26-0.84%Aug 26
Spotify share price change on the day of the report's release. A green bar indicates an increase, a red bar a decrease.
EPS Forecast vs. Actual — SpotifyBar chart comparing earnings per share forecasts with Spotify's actual results over the last 4 quarters. Results were higher than forecast in 3 of them.2.133.28Q3 252.844.43Q4 252.923.45Q1 262.802.61Q2 26analyst forecastCompany earnings
Spotify Earnings Per Share: Analyst Forecast vs. Actual Result, in USD.
Spotify Quarterly Earnings — forecast, actual, and share price movement on the day of release. EPS values in USD.
QuarterRelease dateEPS estimateActual EPSSurpriseShare price reaction
June 30, 2026August 4, 20262.802.61-6.65%-0.84%
March 31, 2026April 28, 20262.923.45+17.99%-10.54%
December 31, 2025February 10, 20262.844.43+55.84%+17.44%
September 30, 2025November 4, 20252.133.28+53.63%-3.74%

How much this company's stock moves after earnings

Spotify's share price changes by an average of 8.14% on the first trading day after earnings releases — based on the last 4 reports, regardless of direction. This ranks 46 out of 180 companies for which we calculated this statistic.

Analyst forecasts for upcoming periods

The consensus is the average of many analysts' forecasts. The more analysts behind a number, the less likely it is to be a single error—but forecast agreement is never a guarantee of the actual result.

Forecasts for Spotify — EPS values in USD.
PeriodEPS estimateEPS a year agoChangeRevenue forecastAnalysts
Current quarter2.843.28-13.43%$4.98 bn20
Next quarter3.354.43-24.38%$5.23 bn19
Current year12.2310.51+16.38%$19.53 bn27
Next year15.3812.23+25.74%$22.33 bn27

Revenue and margins quarter by quarter

Margin shows how much of sales a company retains. Rising revenue with shrinking margins means growth is coming at the expense of profitability—and that's usually more interesting than sales growth alone.

Spotify Revenue and MarginBar chart of Spotify's quarterly revenue for the last 5 quarters; revenue is growing, with the net margin overlaid as a line.Q2 25Q3 25Q4 25Q1 26Q2 26-2.05%21.04%25.91%15.91%11.41%Quarterly revenueNet margin
Spotify quarterly revenue in USD and net margin for the same quarter.
Spotify Quarterly Income Statement.
QuarterRevenueGross marginOperating marginNet margin
June 30, 2026$4.78 bn33.41%13.71%11.41%
March 31, 2026$4.53 bn32.98%15.77%15.91%
December 31, 2025$4.53 bn33.08%15.47%25.91%
September 30, 2025$4.27 bn31.62%13.62%21.04%
June 30, 2025$4.19 bn31.48%9.68%-2.05%

Who Reports in the Coming Weeks

Dates from the Portevo calendar — companies in the same industry are listed first, as their earnings often move the share prices of their peers even before their own reports.

About Spotify

Spotify Technology S.A. is listed on the New York Stock Exchange under the ticker SPOT, and its headquarters are in Sweden. The company belongs to the media and telecommunications sector (industry: Internet Content & Information).

  • Ticker: SPOT
  • Exchange: New York Stock Exchange
  • Trading Currency: USD
  • Sector: Media and Telecommunications
  • Number of Analysts Providing Estimates: 38
  • 52-Week Range: 405.00 – 700.12
  • Company website: https://www.spotify.com

Frequently Asked Questions

When does Spotify release earnings?

The next report is scheduled for October 22, 2026.

What were Spotify's results last quarter?

For the quarter ended June 30, 2026: revenue 4.78 billion USD, net income 545.00 million USD, EPS 2.61 USD. This is -6.65% compared to analyst forecasts.

What is Spotify's stock ticker?

SPOT — on the New York Stock Exchange. You may also see SPOT on quote services.

What is the EPS forecast for Spotify?

The analyst consensus for the upcoming quarter is $2.84 per share. Individual forecasts range from $2.51 to $3.33.

How much does Spotify's share price usually change after earnings?

On average, 8.14% in the session after publication, counting both directions. The largest recorded movement was 17.44%.

Does Spotify usually beat analyst forecasts?

In the last 4 quarters, results exceeded forecasts in 75% of cases. History does not predict the next report, but it shows how cautiously analysts approach this company.

Where can I check Spotify's financial results in English?

On Portevo — the earnings calendar, analyst forecasts, surprise history, and share price reactions are available for free and without an account.

Other companies in the Media and Telecommunications sector

A company's earnings are most informative when compared to competitors in the same industry — this shows whether a weak quarter was a company-specific issue or a market-wide trend.

Related

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Portevo is not an investment advisor. The data and analyses are for informational and educational purposes only and do not constitute a recommendation or an offer to buy or sell financial instruments. Quotes are from external providers and may be delayed. You make investment decisions at your own risk.

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