Spotify Grows Subs, Hits Operating Profit Record, Stock Drops
Audio streaming giant Spotify posted a first-quarter revenue gain and ended March with 293 million paying premium subscribers, up from 290 million as of the end of 2025. Monthly active users (MAUs) grew to 761 million from 751 million. Management had previously forecast 293 million premium subs and 759 million MAUs. But the audio streamer forecast second-quarter earnings and…

