Spotify (SPOT): FY25 Q4 earnings call, Feb 10, 2026
On its Feb 10, 2026 earnings call (FY25 Q4), Spotify said 6 of the 12 words Kalshi listed; Parrot’s count agreed with all 12 settlements. Quotes below are at most 25 words each.
UpdatedMarkets
12 words · 6 settled yes · our count agreed on 12 of 12- Kalshi: company speakers + operator
Kalshi
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Market |
|---|---|---|---|---|---|---|
| Monetization | Yes | 6 | 6 | ✓ | 88%transcripts from the transcript model | – |
| Retain / Retention | Yes | 4 | 4 | ✓ | 82%transcripts from the transcript model | – |
| Churn | Yes | 4 | 4 | ✓ | 79%transcripts from the transcript model | – |
| Wrapped | Yes | 3 | 3 | ✓ | 70%transcripts from the transcript model | – |
| Game / Gaming | Yes | 2 | 2 | ✓ | 43%transcripts from the transcript model | – |
| Bookshop / Bookshop.org | Yes | 1 | 1 | ✓ | 16%transcripts from the transcript model | – |
| Netflix | No | 0 | 0 | ✓ | 63%transcripts from the transcript model | – |
| ChatGPT | No | 0 | 0 | ✓ | 62%transcripts from the transcript model | – |
| Apple TV | No | 0 | 0 | ✓ | 51%transcripts from the transcript model | – |
| Message | No | 0 | 0 | ✓ | 50%transcripts from the transcript model | – |
| Meta | No | 0 | 0 | ✓ | 39%transcripts from the transcript model | – |
| Lyric | No | 0 | 0 | ✓ | 16%transcripts from the transcript model | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.
Transcript
quotes of at most 25 wordsSpeaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.
5 matches for “Record”; 5 quoted, at least 25 words apart.
…overall business. A driver of MAU outperformance is Wrapped, which was also record-breaking this year. While we saw impressive engagement back in 2024, we also…
…more than $11,000,000,000 to music rights holders. Once again setting a global record for the highest annual payment from a single source. This takes us…
…And our free cash flow generation improved by approximately $600,000,000 to a record DKK 2,900,000,000. Looking ahead to quarter one, we are forecasting 759,000,000 MAU,…
…about the last few years and look at our trajectory, I think we have got a pretty good track record in striking this very balance.
…deep surgery for us. We now have, I am happy to say, record levels of advertisers on the platform. And that increased density means much…
Where the listed words were said
…this drives retention and time spent on Spotify. Enhancing customer LTVs and monetization potential. And the momentum is undeniable. Looking at the US alone, monthly…
…artists, podcasters, authors. What this ultimately translates into is greater engagement and retention. Which unlocks more revenue growth. And as our revenue grows, we bring…
…MAU and subs growth throughout the year, while maintaining our consistently low churn. We will also make further progress on driving top-line growth and expanding…
…creator, that is where you will find us every time. Discover Weekly, Wrapped, Spotify for Artists, our new mobile free tier, these are not just…
…to keep building the technology to solve them. Third, play the long game. When we went public in 2018, I talked about long-term value creation.…
…talk about audiobook recaps, Page Match just now and the partnership with Bookshop. You know, in just two years, which is short order, we have…
Agents: this page as TSV at /api/v1/appearances/spotify:2026-02-10:earnings_call · words: /api/v1/brief?appearance=spotify:2026-02-10:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP