# Spotify reaches 306 million paid subscribers as third-quarter margins rise

_Published Sunday, October 25, 2026 at 6:17 AM EDT · Products · Latest · Tier 2 — Notable_

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Spotify reported 306 million premium subscribers at the end of the third quarter, up 9% from a year earlier, and operating income of 672 million euros. Shares rose 9.2% to $573.21 in early trading Thursday, International Business Times AU reported.

The streaming company added 6 million paying users during the quarter. Revenue rose 16% to about 5 billion euros, while gross margin reached 33%, about 1.4 percentage points higher than a year earlier.

Spotify forecast fourth-quarter operating income of 820 million euros and 316 million subscribers by year-end. Third-quarter earnings per share nevertheless fell below some analysts' estimates.

## Sources

- [International Business Times AU](https://www.ibtimes.com.au/spotify-shares-jump-subscriber-growth-record-margins-1877209)

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Canonical: https://techandbusiness.org/newswire/RJ7CLzdfsZluf4nzwSMG3J
Published: 2026-10-25T10:17:58.826Z
Story chronology: 2026-10-22T14:09:23.000Z
Retrieved: 2026-10-25T13:11:06.152Z
Publisher: Tech & Business (techandbusiness.org)