2026년 2월 11일 · Unknown · financial · 출처 Yahoo Finance
This article first appeared on GuruFocus.
Spotify (NYSE:SPOT) shares surged about 15% on Tuesday after the music streaming company posted higher fourth-quarter earnings and stronger-than-expected user growth.
The Swedish group reported net income of 1.17 billion euros for the quarter, up from 367 million euros a year earlier. Earnings came in at 4.43 euros a share, topping analyst expectations of 2.74 euros.
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Revenue rose 7% year over year to 4.53 billion euros, roughly in line with market forecasts.
Monthly active users climbed 11% from a year earlier to 751 million, beating a FactSet estimate of about 745 million. Paid subscribers increased 10% to 290 million, supported by gains in Latin America, Europe and other international markets.
Ad-supported users reached 476 million, above StreetAccount expectations, helped by updates to Spotify's free mobile service.
The company also expanded audiobooks into additional markets and rolled out music videos for premium users, alongside new artificial intelligence tools.
Spotify said its annual Spotify Wrapped feature drew more than 300 million users, marking its strongest engagement to date.
Looking ahead, Spotify expects monthly active users to rise to 759 million next quarter, while revenue guidance of 4.5 billion euros came in slightly below estimates, partly due to foreign-exchange headwinds
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