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Spotify stock dropped following the company's miss on its monthly active users forecast for the current quarter.

Spotify Technology SA (NYSE:SPOT) shares fell around 6% in pre-market trading after the music streaming platform reported second-quarter 2026 results that missed Wall Street expectations, despite continued growth in subscribers and record gross margins. While the company delivered solid user growth and issued stronger-than-expected revenue guidance for the current quarter, weaker earnings weighed on investor sentiment.

Spotify (SPOT) delivered earnings and revenue surprises of -7.34% and +0.01%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Streaming music leader Spotify beat estimates for paying subscribers in Q2 but missed views on earnings. Spotify stock fell.

Investing.com -- Spotify Technology SA (NYSE: SPOT) reported second-quarter results that fell short of analyst expectations, sending shares 6% lower in premarket trading.

The audio streamer hits a milestone, but that isn’t enough to make its earnings a hit with investors.

Spotify forecast third-quarter profit below Wall Street estimates on Tuesday, after the streaming giant reported slowing user growth ‌in major markets of Europe and North America, driving shares ‌nearly 4% lower in premarket trading. The company has launched AI features like "Personal Podcasts" and new ​offerings such as "Reserved" to attract more users and fend off competition from rivals including YouTube and Netflix, and AI music startups like Udio and Suno. Separately on Tuesday, Spotify announced a new agreement with digital music licensing firm ‌Merlin for the Swedish ⁠company's upcoming paid tool for fan-made covers and remixing.