Spotify stock declined 0.7% following the company's Q4 2025 earnings report and recent product announcements. According to Artisan Mid Cap Fund's investor letter, Spotify was among the fund's biggest detractors in Q4 amid continued near-term advertising weakness. However, the company delivered strong quarterly results with beats on users, revenue, and margins. Spotify gained 38 million monthly active users and nine million paying subscribers, bringing totals to 751 million MAUs and 290 million subscribers globally. The company is rolling out AI-powered Prompted Playlists to additional markets including the U.K., Ireland, Australia, and Sweden. Spotify Premium pricing has increased in the U.S., and the company is implementing a lyrics paywall in some regions. The stock closed at $490.60 on February 20, 2026, down 6.79% over one month and 20.58% over twelve months.
Read full analysisSpotify stock declined 0.7% following the company's Q4 2025 earnings report and recent product announcements. According to Artisan Mid Cap Fund's investor letter, Spotify was among the fund's biggest detractors in Q4 amid continued near-term advertising weakness. However, the company delivered strong quarterly results with beats on users, revenue, and margins. Spotify gained 38 million monthly active users and nine million paying subscribers, bringing totals to 751 million MAUs and 290 million subscribers globally. The company is rolling out AI-powered Prompted Playlists to additional markets including the U.K., Ireland, Australia, and Sweden. Spotify Premium pricing has increased in the U.S., and the company is implementing a lyrics paywall in some regions. The stock closed at $490.60 on February 20, 2026, down 6.79% over one month and 20.58% over twelve months.
Spotify is the world's largest audio streaming platform, offering music, podcasts, and audiobooks to more than 751 million monthly active users globally. The company reported a blowout Q4 2025 with adjusted EPS of $5.16 versus $3.16 consensus, though fund managers have flagged continued near-term advertising weakness as a drag on the ad-supported side of the business.