Spotify’s Q3 Shocker: Profit Soars, 700+ Million Users & a Price Hike Looming?
Spotify reported Q3 2025 revenue of €4.27 billion, beating forecasts, with net income at €899 million after a loss last year. Monthly active users reached 713 million, and premium subscribers hit 281 million. Gross margin rose to 31.6%. Shares have climbed about 70% in the past year, trading near $650 in early November.