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Benzinga
Benzinga
Business
Anusuya Lahiri

Spotify's Margin Gains, Subscriber Growth Could Support Future Recovery: Analyst

Spotify SPOT Goldman Sachs Eric Sheridan Spotify Technology SA
The Spotify logo is displayed on a smartphone screen.

Spotify Technology SA’s (NYSE:SPOT) strong third-quarter 2025 performance exceeded expectations on profits and margins, powered by robust premium subscriptions, higher user growth and improving ad-supported profitability.

• SPOT is facing resistance from sellers. See the market dynamics here.

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