# Deezer raises 2026 outlook as Q3 revenues grow 1.8% YoY to $149.5M – but total subscribers fall to 8.7m

- URL: https://talkfuse.com/story/deezer-raises-2026-outlook-as-q3-revenues-grow-1-8-yoy-to-149-5m-but-total-subscribers-fall-to-8-7m/
- Published: 2026-10-27T17:29:40+00:00
- Updated: 2026-10-27T18:41:49+00:00
- Original publisher: Music Business Worldwide
- Original article: https://www.musicbusinessworldwide.com/deezer-raises-2026-outlook-as-q3-revenues-grow-1-8-yoy-to-149-5m-but-total-subscribers-fall-to-8-7m/
- Topics: Business, Companies, Entertainment, TV

## Key points

- Deezer expects slightly higher 2026 revenue and EBITDA above €10 million.
- Q3 revenue rose 1% to €133.8 million.
- Total subscribers fell 3.2% to 8.7 million.

## Summary

Deezer raised its 2026 outlook, expecting revenue to grow slightly and adjusted EBITDA to exceed €10 million, after previously forecasting broadly stable revenue and only positive EBITDA. The upgrade follows a second consecutive quarter of revenue growth, led by direct subscriptions.

Third-quarter revenue rose 1% year on year at constant currency to €133.8 million ($149.5 million), while direct revenue grew 6.4% to €94.1 million. Direct subscribers increased 5.7% to 5.8 million, but total subscribers fell 3.2% to 8.7 million as partnership subscribers dropped 17.1% to 2.9 million. France revenue grew 3.8%, while revenue in the rest of the world declined 3.6%.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.