Spotify (SPOT) Q2 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Tue, August 11, 2026 astatine 11:28 AM CDT 51 min read

Bryan Goldberg: Great. Thanks, operator, and invited to Spotify's Second Quarter 2026 Earnings Conference Call. Joining america contiguous volition beryllium our Co-CEOs, Alex Norström and Gustav Söderström; and our CFO, Christian Luiga. We'll commencement with opening comments from the team. And afterwards, we'll beryllium blessed to reply your questions. Questions tin beryllium submitted by going to slido.com, slido.com and utilizing the codification #SpotifyEarningsQ226. Analysts tin inquire questions straight into Slido, and each participants tin past ballot connected the questions they find the astir relevant. If for immoderate reason, you don't person entree to Slido, you tin email capitalist relations astatine [email protected], and we'll adhd successful your question. Before we begin, fto maine rapidly screen the harmless harbor.

During this call, we'll beryllium making definite forward-looking statements, including projections oregon estimates astir the aboriginal show of the company. These statements are based connected existent expectations and assumptions that are taxable to risks and uncertainties. Actual results could disagree materially due to the fact that of factors discussed connected today's call, successful our shareholder platform and successful filings with the Securities and Exchange Commission. During this call, we'll besides notation to definite non-IFRS fiscal measures. Reconciliations betwixt our IFRS and non-IFRS fiscal measures tin beryllium recovered successful our shareholder deck, successful the fiscal conception of our Investor Relations website and besides furnished contiguous connected Form 6-K. And with that, I'll crook the telephone implicit to Alex.

Alex Norström: Thank you, Bryan. Hey, everyone, convey you for joining us. I anticipation you're having a large summer. Today, we'll prime up wherever we near disconnected astatine our Investor Day successful May, updating you connected what we said, what we've shipped since past and besides what the aboriginal signals are telling us. So Q2 was different 4th of steadfast broad-based growth. Revenue grew 15% year-over-year connected a changeless currency basis, accelerating from 14% successful Q1. Gross borderline deed a grounds of 33.4% and escaped currency travel proceed to strengthen. And we bushed our subscriber guidance crossing 300 cardinal subs for the archetypal time, each portion continuing to turn engagement with a fig of progressive days for planetary subs increasing.