Spotify (SPOT Quick QuoteSPOT - Free Report) reported $5.55 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 16.7%. EPS of $3.03 for the same period compares to -$0.48 a year ago.

The reported revenue represents a surprise of +0.01% over the Zacks Consensus Estimate of $5.55 billion. With the consensus EPS estimate being $3.27, the EPS surprise was -7.34%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Spotify performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Total Monthly Active Users (MAUs): 777 million versus 778.26 million estimated by four analysts on average.
• Premium Subscribers: 300 million compared to the 298.98 million average estimate based on four analysts.
• Ad-Supported MAUs: 494 million versus 494.8 million estimated by three analysts on average.

View all Key Company Metrics for Spotify here>>>

Shares of Spotify have returned +0.7% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.