Core Viewpoint - Spotify's stock is experiencing a surge following the company's fourth-quarter earnings report, which exceeded Wall Street's expectations and provided strong margin guidance [1]. Financial Performance - Spotify's stock has dropped 34% over the past 12 months, indicating a challenging year prior to the recent earnings report [1]. - The company topped Wall Street's fourth-quarter earnings targets, suggesting a positive turnaround in financial performance [1]. Market Reaction - The surge in Spotify's stock price reflects investor confidence following the favorable earnings report and guidance [1].

Group 1 - The core point of the article is that Spotify's monthly active users reached 759 million in the first quarter, exceeding market expectations of 752 million [1]

Group 1 - The core point of the article is that Spotify's stock price surged by 11% in pre-market trading due to the company's expectation of exceeding profit forecasts for the first quarter [1]

Exhibit 99.1 Spotify " Constant Currency adjusted measures and Free Cash Flow are non-lFRS measures "and "Reconciliation of IFRS to Non-lFRS to Non-l FRS to Non-l FRS results" for additional i Q4 2025 Update February 10th, 2026 | Table of Contents Key Highlights Financial Summary MAUs & Subscribers Product & Platform Outlook Financial Statements Executive Summary p.03 p.04 p.06 p.13 p.16 p.19 p.22 | | --- | Executive Summary We finished 2025 with strong performance, as all Q4 KPIs met or exceeded guidance t ...

Group 1 - Spotify forecasts first-quarter operating income of 660 million euros ($786.13 million), exceeding analysts' average estimate of 652.3 million euros [3] - The company projects quarterly revenue of 4.5 billion euros, slightly below the estimate of 4.57 billion euros [3] - Spotify's premium subscribers grew 10% to 290 million in the fourth quarter, compared to an estimate of 290.9 million [5] Group 2 - The company raised the price of its monthly premium subscription plan by $1 to $12.99 in the U.S., Estonia, and Latvia, following a similar increase in over 150 markets in 2025 [4] - Spotify's quarterly outlook for 759 million monthly active users (MAU) is above the estimate of 753 million, while the prediction for a 3 million increase in premium subscribers to 293 million is below estimates [4] - Gross profit increased by 10% year-over-year, aided by a 10% decline in operating expenses, resulting in a gross profit margin rise to 33.1% from 31.6% in the prior quarter [5] Group 3 - The company experienced its slowest revenue growth since its 2018 market listing, despite benefiting from strong user growth and price hikes [2] - Spotify has introduced an AI-powered playlist feature and invested in video podcasts, including a deal with Netflix, to enhance its competitive position against Apple and Amazon [2] - The total number of monthly active users reached 751 million, with net additions of 38 million exceeding expectations [5]

Core Viewpoint - Spotify forecasts first-quarter earnings that exceed Wall Street estimates, indicating strong user growth despite recent price hikes, which has resulted in a 10% increase in shares during premarket trading [1] Group 1: Financial Performance - The company anticipates earnings that are above market expectations for the first quarter [1] - The positive earnings forecast is attributed to the successful attraction of new users [1] Group 2: Market Reaction - Following the earnings forecast, Spotify's shares rose by 10% in premarket trading [1]

Core Insights - The Swedish audiostreaming giant's premium subscribers increased by 10% year-over-year to 290 million [1] Company Summary - The company has achieved a significant growth in its premium subscriber base, reflecting a positive trend in user engagement and market penetration [1]

Core Viewpoint - Spotify Technology S.A. is set to report its first-quarter earnings, with expectations of significant growth in both earnings per share and revenue compared to the previous year [1][2]. Earnings Expectations - Analysts anticipate Spotify will report quarterly earnings of $2.85 per share, an increase from $1.76 per share in the same quarter last year [1]. - The consensus estimate for Spotify's quarterly revenue is $4.52 billion, up from $4.24 billion reported in the previous year [1]. Subscription Price Increase - On January 15, Spotify announced a price increase for its Premium subscription in the U.S., Estonia, and Latvia, raising the monthly fee from $11.99 to $12.99, effective in February billing cycles [2]. - Following the announcement of the price increase, Spotify's shares fell by 1.8%, closing at $414.84 [2].

Spotify Technology S.A. (NYSE:SPOT) will release earnings for its first quarter before the opening bell on Tuesday, Feb. 10.Analysts expect the Luxembourg-based company to report quarterly earnings of $2.85 per share. That's up from $1.76 per share in the year-ago period. The consensus estimate for Spotify's quarterly revenue is $4.52 billion (it reported $4.24 billion last year), according to Benzinga Pro.On Jan. 15, the music streaming giant said it will increase the price of its Premium subscription in t ...

Core Viewpoint - Jinglin Asset has made significant adjustments to its stock holdings in the fourth quarter of 2025, increasing its positions in key technology stocks while reducing exposure to others, reflecting a strategic focus on sectors like AI and new energy [1][6][9]. Group 1: Stock Holdings and Changes - As of the end of 2025, Jinglin Asset held stocks in 28 companies in the US market, with a total market value exceeding $4 billion [1]. - The top ten holdings include Google A, Meta, Pinduoduo, NetEase, Manbang Group, Futu Holdings, NVIDIA, Alibaba, Intel, and Atour, with Chinese stocks still dominating the portfolio [1][10]. - The largest holding shifted from Meta to Google A, with Google A valued at approximately $841.97 million, reflecting an increase of 926,084 shares from the previous quarter [2][3][10]. Group 2: Investment Strategy and Focus Areas - Jinglin Asset is focusing on sectors such as AI, new energy, smart driving, and humanoid robots, believing these areas will continue to see rapid growth and investment from both China and the US [1][9]. - The firm emphasizes a balanced global investment strategy, selecting companies with strong valuations and cash flows to mitigate risks while capitalizing on growth opportunities [9]. - The CEO highlighted the importance of major AI application platforms like Google, Apple, ByteDance, Tencent, and OpenAI, predicting that 2026 could be a pivotal year for AI agents [9]. Group 3: Recent Trading Activity - In Q4 2025, Jinglin Asset increased its holdings in Intel by 694,363 shares and in Futu Holdings by 139,473 shares, while also initiating a position in Broadcom [6]. - The firm significantly reduced its holdings in NVIDIA by 1.54 million shares and in Meta by 229,056 shares, alongside partial reductions in other stocks like TSMC and UnitedHealth [6].