Spotify Beats Q1 but Guides Soft Q2, Sparking Share Slide

TL;DR Summary
Spotify beat Q1 revenue (€4.53B, +14% y/y) and adjusted EPS (€3.45) with record profitability and user growth (MAUs 761M, Premium 293M), but issued a softer Q2 outlook (€630M operating income; six million more Premium subs to 299M) prompting a roughly 14% drop in SPOT as investors priced in slower revenue growth and higher spend on products/AI.
Topics:business#earnings#market-news#note-only-five-tags-allowed-ensure-five-items#outlook#q1-2026#spot#spotify
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