Spotify (SPOT) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Spotify (SPOT) reported $4.99 billion in revenue for the quarter ended September 2025, representing a year-over-year increase of 13.9%. EPS of $3.83 for the same period compares to $1.59 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.92 billion, representing a surprise of +1.46%. The company delivered an EPS surprise of +104.81%, with the consensus EPS estimate being $1.87.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Spotify performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Total Monthly Active Users (MAUs): 713 million compared to the 710.3 million average estimate based on four analysts.Ad-Supported MAUs: 446 million compared to the 442.33 million average estimate based on three analysts.Premium Subscribers: 281 million compared to the 281.16 million average estimate based on three analysts.View all Key Company Metrics for Spotify here>>>Shares of Spotify have returned -5.3% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Spotify Technology (SPOT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks