Will Spotify say “Churn”?

Spotify said “Churn” 1 time on its Oct 22, 2026 call (FY26 Q3), and on each of its last 8 calls: 1, 5, 3, 2, 4, 2, 1, 1 times. As of Oct 24, 2026, Spotify said “Churn” at 4 of 4 occasions with a settled Kalshi or Polymarket mention market since Feb 10, 2026 (100%), most recently on Oct 22, 2026. Parrot’s p for the next listing is 87% (n=4, from settlement history blended with transcripts), not a forecast.

87%from settlement history blended with transcripts · n=4Next: Earnings call, Feb 2, 2027 · counts: company speakers + operator
Last 10
4/4Last 10 settled, oldest to newest: yes yes yes yes
Streak
said the last 4 times
Counts
company speakers + operator
Market
73¢ Kalshi (may be delayed)
Updated

Where it was said

quotes of at most 25 words; select an appearance

Spotify

Churn

Probability
87% · n=4
Settled
4/4 (100%)
Last calls
said in 8 of 8

Next listing counts: company speakers + operator

FY26 Q3 earnings call, Oct 22, 2026 · said 1 time (counts)

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Counts: company speakers + operator

1 counted (1 in prepared remarks, 0 in Q&A).

Bryan GoldbergcompanypreparedIn transcript

…that go unused. If the agent owns the relationship, what keeps Spotify from becoming an interchangeable back-end pipe? Is churn from agents a real risk?

FY26 Q2 earnings call, Aug 4, 2026 · said 1 time (counts)

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Counts: company speakers + operator

1 counted (1 in prepared remarks, 0 in Q&A).

Bryan GoldbergcompanypreparedIn transcript

…six months, including Prompted Playlists. Can you discuss what types of benefits you're seeing in the KPIs, such as listening hours, conversion rates, or churn?"

FY26 Q1 earnings call, Apr 28, 2026 · said 2 times (counts)

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Counts: company speakers + operator

2 counted (2 in prepared remarks, 0 in Q&A).

Alex NorströmcompanypreparedIn transcript

…All that reinforces this confidence in sustained user and subscriber growth, low churn, also continued progress on revenue and margin. For over two decades, we…

Christian LuigacompanypreparedIn transcript

…our guidance. We saw no surprises with respect to price increase related churn following our January U.S. price increase. Total revenue was EUR 4.5 billion,…

FY25 Q4 earnings call, Feb 10, 2026 · said 4 times (counts)

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FY25 Q3 earnings call, Nov 4, 2025 · said 2 times (counts)

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FY25 Q2 earnings call, Jul 29, 2025 · said 3 times (counts)

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FY25 Q1 earnings call, Apr 29, 2025 · said 5 times (counts)

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FY24 Q4 earnings call, Feb 4, 2025 · said 1 time (counts)

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Every settled listing

newest first · 5 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Oct 22, 2026ChurnKalshiYes1
Aug 4, 2026ChurnPolymarketYes1
Aug 4, 2026ChurnKalshiYes1
Apr 28, 2026ChurnKalshiYes2
Feb 10, 2026ChurnKalshiYes4

Questions

How many times did Spotify say “Churn” on its last earnings call?
Spotify said “Churn” 1 time on its Oct 22, 2026 call (FY26 Q3), and on each of its last 8 calls: 1, 5, 3, 2, 4, 2, 1, 1 times.
How often does Spotify say “Churn”?
As of Oct 24, 2026, Spotify said “Churn” at 4 of 4 occasions with a settled Kalshi or Polymarket mention market since Feb 10, 2026 (100%), most recently on Oct 22, 2026.
What is the probability Spotify says “Churn” next time?
87%, from settlement history blended with transcripts (n=4). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “Spotify: ‘Churn’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/SPOT/words/churn (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=spotify&word=churn · quotes: /api/v1/quotes?entity=spotify&word=… · columnar JSON in #parrot-data · llms.txt · MCP