Spotify forecasts upbeat quarterly profit as new leadership takes over from founder Daniel Ek
The streaming giant expects first-quarter earnings to beat estimates as user numbers grow despite price hikes. New co-CEOs now lead the Swedish company.
Insights:
Spotify Technology S.A. announced on February 10, 2026, that it expects first-quarter operating income to reach €660 million, a figure that exceeds the average analyst estimate of €652.3 million compiled by LSEG. The company also reported profit gains for the December quarter, which it attributed to recent price increases and cost-cutting measures. These results and the forward-looking guidance represent the first financial communication under Spotify's new leadership structure, following the transition of founder Daniel Ek to executive chairman and the appointment of Gustav Soderstrom and Alex Norstrom as co-CEOs.
