Why Spotify Stock Surged Today

Core Insights - Spotify's stock price increased by over 14% following the announcement of strong growth in key business metrics [1] - The company reported a record increase in monthly active users (MAUs), reaching 751 million, which is an 11% year-over-year growth [1] - Premium subscribers grew by 10% to 290 million, indicating successful conversion of free users to paid subscriptions [2] Financial Performance - Spotify's revenue rose by 13% in constant currency to 4.5 billion euros ($5.4 billion) [2] - The company's gross margin improved by 83 basis points to 33.1% as the subscriber base expanded [2] - Operating income surged by 47% to 701 million euros ($834 million) [3] Future Outlook - For Q1 2026, Spotify anticipates MAUs to grow to 759 million and premium subscribers to reach 293 million [4] - Executive chairman Daniel Ek emphasized the importance of Spotify's technology platform for audio and creator-audience connections moving forward [4]