Spotify Technology S.A. reports results for the quarter ended September 30 - Earnings Summary

Spotify Technology

Today 14:30

Spotify Technology S.A. SPOT.N reported quarterly adjusted earnings of €2.48​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of €3.28.  The mean expectation of twenty eight analysts for the quarter was for earnings of €2.80 per share. Wall Street expected results to range from €2.51  to €3.22 per share.
Revenue rose 16.3% to €4.97 billion from a year ago; analysts expected €4.98 billion. 
Spotify Technology S.A.'s reported EPS for the quarter was €2.48​.
The company reported quarterly net income of €518 million.
Spotify Technology S.A. shares had risen by 7.8% this quarter and lost 9.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.9% in the last three months.​ 
In the last 30 days, ten analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 31 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy" 
Wall Street's median 12-month price target for Spotify Technology S.A. is $619.72, about 15.2% above its last closing price of $525.34
This summary was machine generated from LSEG data October 22 at 01:30 p.m. UTC. ​All figures in euros unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Sep. 30 2026 
2.80
2.48
Missed
Jun. 30 2026 
2.74
2.61
Missed
Mar. 31 2026 
2.96
3.45
Beat
Dec. 31 2025 
2.74
4.43
Beat