# Spotify Hums Along in Q3, Reaching 306 Million Paid Subscribers: ‘There Is More Runway Ahead’

- URL: https://talkfuse.com/story/spotify-hums-along-in-q3-reaching-306-million-paid-subscribers-there-is-more-runway-ahead/
- Published: 2026-10-22T12:14:51+00:00
- Original publisher: Variety
- Original article: https://variety.com/2026/music/news/spotify-q3-2026-earnings-results-paid-subscribers-1236919528/
- Topics: Art, Culture, Entertainment, Fashion, Music, TV

## Key points

- Spotify reached 306 million paid subscribers after adding 6 million.
- Revenue rose 16% to €4.97 billion.
- Audiobooks are set to expand to more than 180 markets.

## Summary

Spotify added 6 million paid subscribers in the third quarter, reaching 306 million, and grew advertising revenue as it met its key targets. The results point to continued growth across its subscription and advertising businesses, while the company says it sees room to expand further.

Revenue rose 16% year on year to €4.97 billion, including a 10% rise in ad-supported revenue to €482 million. Spotify reported operating income of €672 million and a gross margin of 33%; it forecasts 316 million paid subscribers and 818 million monthly active users in Q4. It is also expanding creator programmes and plans to offer audiobooks in more than 180 markets by year-end.

## Coverage

- [Variety: Spotify Hums Along in Q3, Reaching 306 Million Paid Subscribers: ‘There Is More Runway Ahead’](https://variety.com/2026/music/news/spotify-q3-2026-earnings-results-paid-subscribers-1236919528/)
- [Music Business Worldwide: Spotify is on course for $3.3B annual operating profit in 2026 – after adding 6M subscribers in Q3](https://www.musicbusinessworldwide.com/spotify-is-on-course-for-a-3-3b-annual-operating-profit-in-2026-after-adding-6m-subscribers-in-q3/)

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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.