Spotify stock jumps premarket after Q1 monthly active users and earnings beat expectations

Spotify reported 759 million monthly active users in the first quarter of 2026, beating market expectations of 752 million, and paid subscribers rose 10% year-on-year to 290 million, driving shares up 10% premarket. In addition, Spotify's revenue increased by 13% year-on-year, its profit and monthly active users both exceeded market expectations, and its stock price rose by more than 11% before the market.