Spotify (SPOT) Reports 751M MAUs, 290M Paid Subscribers in Q4 2025

Spotify Technology (NYSE:SPOT) is one of the stocks that should double in 3 years. On February 10, Spotify released its Q4 2025 results. The company reported that monthly active users/MAUs grew 11% year-over-year to 751 million, exceeding analyst estimates. This was attributed to expansion in Latin America and Europe, as well as the successful Spotify Wrapped campaign to date, which saw over 300 million users interact with the feature. Paid subscribers also saw a boost, rising 10% to 290 million.

The company’s metrics outpaced expectations, with Q4 EPS reaching 4.43 euros, well above the anticipated 2.74 euros. Net income soared to 1.17 billion euros, compared to 367 million euros in the same period last year. During the quarter, Spotify continued to evolve its platform by rolling out music videos for premium users, expanding its audiobook offering into new markets, and integrating advanced AI tools to enhance the user experience.

For Q1 2026, Spotify Technology (NYSE:SPOT) expects to add another 8 million users, bringing its total MAU count to 759 million. While the company recently implemented price hikes for Premium subscribers in the US and select European markets, it projects Q1 revenue to reach 4.5 billion euros.

Spotify Technology (NYSE:SPOT), together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments: Premium and Ad-Supported.

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