Deezer revenues were down in Q1 2026, but direct subs grew

Deezer’s latest financial results reflect some ongoing trends for the streaming service: growth in some parts of its business outweighed – if not by much – by decline in others. The company reported €131.9m of revenues for Q1 2026 ($114.3m at current exchange rates). That was down 1.6% year-on-year.

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