Deezer’s Subscriber Growth at Home in France Helps Drive Quarterly Revenue Increase

Deezer’s third-quarter revenue rose as growth in direct subscribers, particularly in France, outweighed a sharp fall in subscribers gained through partners. The results led the Paris-based streaming service to raise its full-year revenue outlook and improve its profitability forecast.

Revenue increased 1% in constant currency to €133.8 million, while direct-subscription revenue grew 6.4% to €94.1 million. Deezer had 5.8 million direct subscribers, up 6.5% in France and 4% in other markets, helped by French family plans and better retention elsewhere; partnership subscribers fell 17% as older deals ended. The company now expects slight revenue growth in 2026 and at least €10 million in adjusted EBITDA.