Islamabad: Spotify announces its First Quarter 2026 earnings, signaling a strong start to its Year of Raising Ambition, with the company delivering its second-highest gross margin to date. Islamabad, April 28, 2026 – Spotify announced its First Quarter 2026 earnings, marking a strong start to its Year of Raising Ambition, with continued momentum across the business and ongoing innovation on the platform, further personalizing discovery and control for users. Q1 results were in line with or ahead of expectations across all key metrics, with robust growth in both MAUs and subscribers. The platform surpassed 760 million monthly active users and delivered its second-highest gross margin to date. Notable highlights from the Q1 2026 results include: Premium Subscribers grew 9% Y/Y to 293 million, Monthly Active Users (MAUs) climbed 12% Y/Y to 761 million, Total Revenue increased 14% Y/Y constant currency to €4.5 billion, Gross Margin improved by ~140 bps Y/Y to 33%, Operating Income reached €715 million. Staff Reporter
