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Spotify Delivers Another Hit! Stock Jumps 18%

Margins were the big story for Spotify this quarter.

By Travis Hoium – Feb 10, 2026 at 2:04PM EST

Key Points

  • Spotify's member growth continued despite recent price increases.
  • Margin expansion continued to help the bottom line.
  • Management expects more price increases in 2026.

Spotify (SPOT +1.23%) stock jumped 18% today after another strong quarter. Revenue growth was solid, but user numbers were up, and price hikes didn't seem to hurt momentum.

Management said the company's pricing power continues to improve and doesn't expect price hikes in January to hurt the business in the long term. For now, investors are overlooking Spotify's high valuation and giving credit to improving margins and strong free cash flow from a company many thought couldn't squeeze out a profit.

*Stock prices used were end-of-day prices of Feb. 10, 2026. The video was published on Feb. 10, 2026.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Spotify Technology. The Motley Fool has positions in and recommends Spotify Technology. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Spotify Technology Stock Quote
Spotify Technology
NYSE: SPOT
$515.83
(+1.23%)+$6.24

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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