Spotify

Spotify user base surges to 761 million, ad rev dips

Spotify reported a mixed first quarter for 2026, with strong user growth and subscription gains offset by a decline in advertising revenue as the company undertook a major overhaul of its ad-tech infrastructure. According to a Storyboard18 report, the streaming giant posted an 8 percent rise in total revenue to €4.53 billion during the quarte...