Industry Apr 28, 2026

Spotify's Q1 Performance: MAUs Increase, Ad Revenue Declines

The streaming giant reported first quarter revenue grew by 8%, meeting guidance, despite a 5% decline in ad-supported account revenue, as the total MAUs topped 760 million.

Originally published by Billboard
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Spotify's Q1 Performance: MAUs Increase, Ad Revenue Declines

Spotify reported a 8% growth in first-quarter revenue, reaching over 760 million monthly active users (MAUs). This increase in users contributed to double-digit growth in ad-supported revenue. Originally reported by Billboard.