While video streaming services are struggling to maintain subscribers in a tumultuous industry, music streamers are only getting stronger, as evidenced by Spotify’s latest quarterly earnings report. The first quarter of 2026 was a good one for Spotify, which met or slightly exceeded targets in all key metrics during the three-month period. The audio streamer now has nearly 300 million Premium subscribers, and its financial data is strong, showing that it has a solid and resilient customer base.
Key Details: Sustained growth: Spotify hit 293 million subscribers in the first quarter. Triple the fun: Net income for Spotify more than tripled in Q1. No slowing down: The company gained subscribers despite a U.S. price increase in January.
Spotify’s Q1 earnings showed that the streamer had gained 3 million Premium subscribers in the quarter, rising to 293 million overall. Total monthly active users — including
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