Spotify Technology (SPOT) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Spotify Technology (SPOT) last issued guidance on August 4, 2026 for Q3 2026. The company guided revenue in the range of $5.81B - $5.81B for the period.
Compared to prior guidance, Spotify Technology raised its revenue forecast from a prior range of $5.54B - $5.54B.
Spotify Technology has issued 16 guidance updates between October 25, 2022 and August 4, 2026. During this period, the company raised its outlook 10 times and lowered it 2 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $3.29 | $3.72 | $2.95 | $1.87 |
| Actual | $3.03 | $4.04 | $5.16 | $3.83 |
| Surprise | -7.90% | +8.60% | +74.9% | +105.1% |
| Revenue | ||||
| Estimate | $5.60B | $5.36B | $5.16B | $4.92B |
| Actual | $5.55B | $5.31B | $5.28B | $4.99B |
| Surprise | -0.82% | -0.97% | +2.23% | +1.50% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $3.26 | $3.92 | $4.18 | $4.13 |
| Revenue | ||||
| Consensus | $5.77B | $6.03B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 4, 2026 | $3.03 | $3.29 | -7.90 % |
| Q1 | Apr 28, 2026 | $4.04 | $3.72 | 8.60 % |
| Q4 | Feb 10, 2026 | $5.16 | $2.95 | 74.9 % |
| Q3 | Nov 4, 2025 | $3.84 | $1.87 | 105.1 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 4, 2026 | $5.55B | $5.60B | -0.82 % |
| Q1 | Apr 28, 2026 | $5.31B | $5.36B | -0.97 % |
| Q4 | Feb 10, 2026 | $5.28B | $5.16B | 2.23 % |
| Q3 | Nov 4, 2025 | $4.99B | $4.92B | 1.50 % |