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Spotify Beats Q3 Forecasts, Expands Netflix Partnership

Benzinga

20 Views • Nov 05, 2025

Description

Spotify beat expectations with 713 million monthly active users and $4.9 billion in revenue, though ad-supported revenue declined. CEO Daniel Ek will step down to become executive chairman, while Gustav Söderström and Alex Norström will take over as co-CEOs. Spotify expanded its video strategy through a partnership with Netflix and remains the No. 2 podcast platform in the U.S.

Keywords & Tags

#earnings #netflix #Spotify #subscriptions #media #streaming #StockMarket #podcasts #LeadershipChange #DanielEk

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