Spotify Reports Strong Q3 2025 Results with Revenue and Subscriber Growth

Spotify ( (SPOT) ) has shared an update.

On November 4, 2025, Spotify Technology S.A. announced its financial results for Q3 2025, highlighting a strong performance with all key performance indicators meeting or exceeding expectations. The company reported a 7% year-over-year increase in total revenue to €4.3 billion, with premium subscriber growth of 12% and monthly active users reaching 713 million. Spotify’s operating income rose to €582 million, driven by lower social charges and favorable marketing and personnel costs. The company also launched 30 product updates, including integration with ChatGPT, enhancing its AI capabilities. These results position Spotify well for continued growth and improved margins as it reinvests for long-term potential.

The most recent analyst rating on (SPOT) stock is a Buy with a $750.00 price target. To see the full list of analyst forecasts on Spotify stock, see the SPOT Stock Forecast page.

Spark’s Take on SPOT Stock

According to Spark, TipRanks’ AI Analyst, SPOT is a Neutral.

Spotify’s overall stock score reflects strong financial performance and significant user growth, which are tempered by high valuation concerns and mixed technical indicators. The earnings call provided positive insights into strategic growth areas, but challenges in the advertising sector and currency impacts remain.

To see Spark’s full report on SPOT stock, click here.

More about Spotify

Spotify Technology S.A. operates in the digital music streaming industry, offering services such as music and podcast streaming to a global audience. The company focuses on providing both premium and ad-supported content, with a market presence that spans across various regions worldwide.

Average Trading Volume: 1,537,163

Technical Sentiment Signal: Buy

Current Market Cap: $130.6B

See more insights into SPOT stock on TipRanks’ Stock Analysis page.