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.
12 matches for “Subscriber”; 5 quoted, at least 25 words apart.
…Even more, day one of Wrapped marked the highest single day of subscriber intake in Spotify Technology S.A. history. Lots of learnings and we take…
…that connection even further. We proudly count 3.5% of the world as subscribers. There is still lots of room to grow. It is not impossible…
…introduced in 2023 and have continued to enhance since then. About 90,000,000 subscribers have used AI DJ so far. Driving over four billion hours of…
…revenue rose 14% versus 13% last quarter and was primarily driven by subscriber growth. Our advertising business grew 4% versus flat last quarter. On a…
…forecasting 759,000,000 MAU, an increase of 8,000,000 from quarter four, and 293,000,000 subscribers. In quarter one, which is seasonally our smallest quarter, our subscriber outlook…
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