S

Spotify

Streams music, podcasts and audiobooks

Principal Product Manager - Format Foundations

Full-TimeUpdated on 10/24/2026
No salary listed
Expert
London, UK+1 moreMore locations: Stockholm, Sweden
RemoteLondon is remote. Stockholm-based role includes in-person meetings and flexibility to work from home.
ProductProduct Management

About the job

Requirements
  • Have 10 or more years of experience in product management and have led product work across several consumer media products at scale in large technology companies.
  • Have deep knowledge of the consumer media landscape across areas such as books, podcasts, or music, including competitive dynamics, creator and publisher ecosystems, and user behavior.
  • Have experience building for mobile platforms such as iOS and Android, including complex user interfaces.
  • Understand how to build scalable systems and experiences that enable teams to move faster.
  • Be able to balance user experience, technical constraints, and business impact.
  • Have worked closely with engineering, design, and data partners to bring products to life.
  • Be comfortable navigating ambiguity and bringing clarity across teams and organizations.
  • Have influenced senior leaders and stakeholders across functions and levels to drive alignment and outcomes.
  • Actively use AI tools in product development workflows, from research and analysis to iteration and prototyping.
Responsibilities
  • Lead product vision and strategy across Spotify’s formats, shaping how books, podcasts, and music become more engaging, lovable, and valuable for users, creators, and the business.
  • Define and evolve the user experience across the content journey, from discovery and evaluation through engagement, library management, and retention.
  • Partner closely with business leaders across books, podcasts, and music to translate business strategy into product innovation that drives growth.
  • Drive innovation across multimodal and cross-format experiences, such as the intersection of listening and reading, and build capabilities that can scale from one format to others.
  • Work closely with engineering, design, data, and cross-functional partners to deliver high-quality experiences.
  • Use data, experimentation, and user insights to inform decisions and continuously improve the experience.
  • Align senior stakeholders across Core Experience, the business teams, and Personalization to create a cohesive consumer experience.
  • Lead multiple cross-functional initiatives end to end, owning scope and alignment and partnering with engineering on delivery.
  • Mentor product managers and raise the bar for product craft across the team.

About the company

S

Spotify

View
cbWebsite

Spotify runs an audio streaming service where listeners find music, podcasts, and audiobooks through one account on phones, computers, and connected devices. Its Discover Weekly playlist recommends songs based on listening habits, alongside playlists made by editors and artists. Listeners stream on demand, save favorites, share playlists, and download eligible content for offline listening through paid plans. The business earns subscription fees from Premium members and advertising revenue from its free service, while separate creator tools support publishing, audience measurement, and promotion. Spotify was founded in 2006 and is headquartered in Stockholm, Sweden.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Stockholms kommun, Sweden

Founded

2006

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Simplify Jobs

Simplify's Take

What believers are saying

  • Growth funds investment: August 2026 results showed Spotify's subscribers rose 9% and quarterly operating profit reached €655 million.
  • Artist promotion adds revenue: Spotify's Marquee and Showcase campaigns target audiences using actual listening behavior.
  • Spotify supports remote careers: most roles allow home or office work, within approved countries and team requirements.

What critics are saying

  • Suppliers constrain Spotify's leverage: three major labels and Merlin cover 72% of record-label streams under licenses requiring renewal.
  • Podcast jobs face restructuring: Spotify cut about 15 podcast employees in March 2026, including staff at The Ringer.
  • Synthetic artists strain listener trust: Spotify's August 2026 announcement acknowledged confusion and planned labels for AI-generated artist identities.

What makes Spotify unique

  • Spotify spans competing hardware brands: its Connect directory lists over 2,000 devices from more than 200 brands.
  • Artists influence Spotify's recommendations commercially: Discovery Mode prioritizes selected songs in exchange for commissions on resulting streams.
  • Spotify's annual recap drives distribution: February 2026 results reported over 630 million Wrapped shares on social media.

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Benefits

  • Extensive learning opportunities, through our dedicated team, GreenHouse
  • Global parental leave, six months off - fully paid - for all new parents
  • Flexible public holidays, swap days off according to your values and beliefs
  • Flexible share incentives letting you choose how you share in our success
  • All The Feels, our employee assistance program and self-care hub
  • Spotify On Tour, join your colleagues on trips to industry festivals and events

Growth & Insights and Company News

6 month growth

0%

1 year growth

1%

2 year growth

1%
Daily Political
Oct 23rd, 2026
Barclays forecasts Strong price appreciation for Spotify Technology (NYSE:SPOT) stock.

Barclays forecasts Strong price appreciation for Spotify Technology (NYSE:SPOT) stock. Spotify Technology (NYSE:SPOT - Get Free Report) had its price objective hoisted by equities researchers at Barclays from $565.00 to $650.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has an "overweight" rating on the stock. Barclays's target price would indicate a potential upside of 11.61% from the company's current price. A number of other equities research analysts have also commented on SPOT. Rosenblatt Securities reissued a "neutral" rating and set a $527.00 price objective on shares of Spotify Technology in a report on Tuesday. KeyCorp reduced their price objective on Spotify Technology from $680.00 to $660.00 and set an "overweight" rating on the stock in a report on Thursday, October 1st. Citizens Jmp reaffirmed a "market outperform" rating and issued a $625.00 target price on shares of Spotify Technology in a research note on Friday. Piper Sandler assumed coverage on shares of Spotify Technology in a research report on Thursday, October 8th. They set a "neutral" rating and a $540.00 price target for the company. Finally, TD Cowen reissued a "hold" rating and set a $525.00 price target on shares of Spotify Technology in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $615.24. Spotify Technology price performance. Shares of SPOT traded down $1.29 on Friday, hitting $582.37. The company's stock had a trading volume of 229,169 shares, compared to its average volume of 2,193,548. The company has a market capitalization of $119.90 billion, a PE ratio of 36.38, a PEG ratio of 1.63 and a beta of 1.61. The company has a 50 day moving average price of $525.20 and a 200 day moving average price of $497.27. Spotify Technology has a fifty-two week low of $405.00 and a fifty-two week high of $676.67. Spotify Technology (NYSE:SPOT - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $3.03 EPS for the quarter, missing the consensus estimate of $3.16 by ($0.13). Spotify Technology had a return on equity of 41.39% and a net margin of 18.44%. The business had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.47 billion. During the same quarter in the previous year, the company posted ($0.42) EPS. Spotify Technology's revenue for the quarter was up 13.9% on a year-over-year basis. On average, equities analysts forecast that Spotify Technology will post 13.66 EPS for the current year. Insider activity. In other Spotify Technology news, CEO Gustav Söderström sold 20,913 shares of the firm's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $544.19, for a total transaction of $11,380,645.47. Following the transaction, the chief executive officer owned 20,025 shares in the company, valued at approximately $10,897,404.75. This trade represents a 51.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Alex Norström sold 5,436 shares of the business's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $502.10, for a total value of $2,729,415.60. Following the transaction, the chief executive officer owned 66,773 shares of the company's stock, valued at $33,526,723.30. The trade was a 7.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 68,092 shares of company stock worth $35,762,410 in the last three months. Insiders own 0.40% of the company's stock. Hedge funds weigh in on Spotify Technology. A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Cantillon Capital Management LLC bought a new stake in shares of Spotify Technology in the 1st quarter valued at $213,047,000. Southpoint Capital Advisors LP bought a new position in shares of Spotify Technology during the 1st quarter valued at about $193,964,000. Principal Financial Group Inc. grew its position in shares of Spotify Technology by 53.4% in the 1st quarter. Principal Financial Group Inc. now owns 989,667 shares of the company's stock valued at $479,899,000 after purchasing an additional 344,471 shares during the period. Tiger Global Management LLC increased its stake in Spotify Technology by 25.3% during the 1st quarter. Tiger Global Management LLC now owns 1,580,761 shares of the company's stock worth $766,527,000 after purchasing an additional 319,300 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in Spotify Technology by 20.1% during the 1st quarter. Janus Henderson Group PLC now owns 1,711,015 shares of the company's stock worth $829,641,000 after buying an additional 286,844 shares during the period. 84.09% of the stock is owned by institutional investors. Key Spotify Technology news. Here are the key news stories impacting Spotify Technology this week: * Subscriber growth exceeded expectations: Premium subscribers rose 9% year over year to 306 million, one million above Spotify's guidance, while monthly active users increased 11% to 788 million. Management expects to reach approximately 316 million premium subscribers and 818 million monthly active users in the fourth quarter. * Profitability trends improved: Third-quarter revenue rose roughly 16% year over year to about €4.97 billion, operating income reached €672 million, and gross margin expanded to 33%. Spotify expects fourth-quarter operating income and gross margin to remain stronger as costs and investment intensity moderate. * AI is viewed as a future growth catalyst: Spotify highlighted its AI-powered "taste model," personalized experiences and efforts to make its service accessible through AI agents. The company said AI is accelerating feature development without increasing headcount, potentially supporting engagement, retention and long-term margin expansion. * Analyst sentiment improved: Guggenheim raised its price target to $650 and assigned a Buy rating, while Barclays also lifted its target to $650 and maintained Overweight. * Mixed quarterly results: Adjusted earnings per share and revenue were slightly below consensus, although revenue growth remained healthy and subscriber and margin metrics were stronger than expected. * Valuation and analyst caution remain risks: Cantor Fitzgerald raised its target to $550 but retained a Neutral rating, implying limited upside from the referenced price level. The earnings miss could also pressure the stock if subscriber momentum or AI-related benefits fail to translate into sustained profits. About Spotify Technology. Spotify Technology SA is an audio streaming company that operates the Spotify platform, offering users access to music, podcasts and audiobooks through internet-connected devices. Its catalog includes licensed recordings from music labels and artists, as well as podcasts and other audio content from creators and publishers. Spotify provides both an ad-supported service and subscription-based Premium plans. Premium subscribers generally receive ad-free listening and additional features, while the advertising-supported service allows users to access content without a paid subscription. Receive News & Ratings for Spotify Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spotify Technology and related companies with MarketBeat.com's FREE daily email newsletter.

Digital Music News
Oct 23rd, 2026
Spotify stock climbs following solid Q3 2026 earnings report - including double-digit ad-supported and Premium revenue jumps.

Spotify stock climbs following solid Q3 2026 earnings report - including double-digit ad-supported and Premium revenue jumps. Spotify stock climbs following solid Q3 2026 earnings report - including double-digit ad-supported and Premium revenue jumps dylan smith october 22, 2026. Spotify stock (NYSE: SPOT) has spiked following the company's Q3 2026 earnings release but remains down from 2026's start and late-October 2025. Spotify has reported double-digit year-over-year (YoY) user growth - and subscriber-base expansions "across all regions" - for Q3 2026, when its revenue jumped 16% YoY. Meanwhile, the company's stock (NYSE: SPOT) is up about 9% from yesterday's close. The streaming platform disclosed its seemingly solid third-quarter financials this morning, pointing first to $5.57 billion (€4.97 billion) in across-the-board revenue - up the aforementioned 16% YoY and 4% on a quarterly basis. Behind the total, 306 million paid subscribers (up 9% YoY) fueled $5.03 billion/€4.49 billion in Premium revenue (up 17% YoY). But adverts also posted 10% YoY growth, to $540 million/€482 million in revenue, amid what execs are billing as the start of an overhaul-prompted turnaround in the long-struggling category. "In quarter four, we expect to continue our progress towards double-digit growth," CFO Christian Luiga summed up of Spotify's ads during the Q3 earnings call. All told, then, Spotify reported 788 million MAUs for Q3 2026 (up 11% YoY), with a combined 59% of the individuals residing in Rest of World (38%) and Latin America (21%). Both regions' subscriber shares also ticked upward during the three-month stretch - to 15% and 24%, respectively - though paid accounts remained heavily concentrated in North America (25%) and Europe (36%). Finally, regarding Spotify's hard financials, Q3 operating income finished at $753 million/€672 million (up 15% YoY) despite a 26% YoY operating expenses spike, and the company had 7,284 full-time employees as of the quarter's end. During pre-market trading, the debt-free business's stock price rose about 6.8% to $561 or so per share; at the time of this writing, SPOT was up roughly 9.2% at an even $574. Looking ahead to the remainder of 2026, the company forecasted 818 million MAUs, including 316 million paid subscribers, with revenue of $5.8 billion/€5.2 billion and $919 million/€820 million in operating income. Shifting the focus to the corresponding earnings call, execs didn't divulge any particularly groundbreaking details. But they did tout the perceived long-term potential of Spotify's "first truly intelligent agentic media platform" and highlight plans to capitalize on the "tremendous opportunity" for growth in India. Similarly, as in the Q3 earnings call, higher-ups were noncommittal when discussing the precise status and release timetable of Spotify's AI-powered remix and cover tool. "And we added Believe and TuneCore as a partner for remixes and covers," co-CEO Alex Norström said. "Remixes are as old as music itself. And we're working on a version that fans love and rightsholders trust - with consent, credit, and compensation at the core." Lastly, amid a clear-cut listenership slip for editorial playlists, bolstered playlist mixing options are apparently finding takers; in co-CEO Gustav Söderström's own words, nearly "40 million Premium users now listen to mixed playlists, [and] consumption is growing 90% quarter over quarter."

Yahoo Finance
Oct 22nd, 2026
Spotify Q3: $5.7B revenue, 316M subscribers expected and 40% audiobook listening growth

Spotify reported third-quarter 2026 revenue of €5 billion, up 14% at constant currency, on an earnings call held October 22, 2026. Free cash flow over the past 12 months reached €3.2 billion. Management pointed to three drivers. Investments in proprietary taste models are lifting content discovery, with early deployments showing double-digit gains. Audiobook listenership rose 40% before the global rollout. Spotify expects to reach 316 million subscribers this year, up from 71 million when it went public in 2018. It has added 25 million or more subscribers every year since. Chief financial officer Christian Luiga said operating expense growth is falling and should keep moderating into 2027.

International Business Times Australia
Oct 22nd, 2026
Spotify stock jumps 9% as paid subscribers hit 306 million and record margins ease wall street profit worries.

Spotify stock jumps 9% as paid subscribers hit 306 million and record margins ease wall street profit worries. The streaming company added 6 million premium users in the third quarter and forecast further growth in subscribers, revenue and operating income by year-end. Published 10/23/26 AT 1:09 AM AEDT Shares of Spotify Technology S.A. jumped more than 9% on Thursday after the world's largest music streaming service reported stronger-than-expected subscriber growth and record profit margins and forecast continued growth through the end of the year. Spotify shares rose $48.29, or 9.2%, to $573.21 in early trading, giving the Stockholm-based company a market value of about $118 billion. The rally came after the stock had fallen about 22% over the past year. Subscribers top expectations Spotify said it had 306 million premium subscribers at the end of the third quarter, up 9% from a year earlier, after adding 6 million paying users during the quarter. The figure beat expectations, with growth across Latin America, Europe, North America and other regions. Monthly active users rose 11% to 788 million, in line with the company's forecast. Ad-supported users grew 12% to 499 million. Revenue and margins Revenue rose 16% to about 5 billion euros, slightly ahead of analysts' expectations. Premium revenue grew 17%, while advertising revenue rose 10%. Gross margin reached 33%, a record for a third quarter and about 1.4 percentage points higher than a year earlier. Operating income was 672 million euros, an operating margin of 13.5%, slightly above the company's guidance. Earnings per share, however, came in below some analysts' estimates. "Our gross margin came in at 33%, surpassing guidance by 10 basis points," Chief Financial Officer Christian Luiga said on a call with analysts. Luiga also said that growth in operating expenses "is now coming down meaningfully." Executives confident Co-Chief Executive Alex Norström said the company had met the targets it set out the previous quarter. "We made several commitments last quarter, and they've all landed either in line or better than expected," Norström said. Strong outlook For the fourth quarter, Spotify forecast revenue of 5.2 billion euros and operating income of 820 million euros. It expects gross margin to rise to 33.8%. The company also expects to reach 818 million monthly active users and 316 million subscribers by the end of the year, which would mean adding about 10 million paying subscribers in the quarter. The profitability story Spotify spent years focused on growth at the expense of profits, often posting losses as it paid large royalties to record labels and music publishers. In recent years, the company has shifted its focus to profitability, raising subscription prices in many markets, cutting costs and expanding higher-margin businesses such as podcasts, audiobooks and advertising. That shift has helped transform Spotify into a consistently profitable company and has been a key driver of investor interest in the stock. The company has also invested heavily in artificial intelligence features designed to personalize listening and keep users engaged, positioning itself to compete as AI reshapes how people discover music and other audio content. Competition Spotify competes with Apple Music, Amazon Music, YouTube Music and other streaming services. It remains the market leader by number of users, giving it scale that rivals have struggled to match. What's next Investors will watch whether Spotify can deliver on its fourth-quarter forecast, particularly its goal of adding 10 million subscribers during the holiday season. They will also look for continued improvement in margins and for signs that its investments in AI and new content formats are paying off. The company's ability to raise prices without losing subscribers will also be closely watched, as it remains a key driver of revenue growth. MEET IBT NEWS FROM BELOW CHANNELS

Bloomberg Línea
Oct 22nd, 2026
Spotify reaches 788 million users, though its revenue disappoints Wall Street.

Spotify reaches 788 million users, though its revenue disappoints Wall Street. Spotify's revenue reached €4.97 billion in the third quarter, while monthly active users rose to 788 million and paid subscribers reached 306 million. By Ashley Carman October 22, 2026 | 09:03 AM Bloomberg - Spotify Technology SA (SPOT) reported that its monthly active users grew 1% in the third quarter compared with the previous quarter, reaching 788 million, while its paid subscribers rose 2% to 306 million, meeting analysts' expectations for total users though slightly below forecasts for subscribers, according to the Bloomberg consensus. Investors expected 305 million paid customers and 788 million total users. Total revenue in the three months ended in September amounted to €4.97 billion (US$5.58 billion), the company announced on Thursday, an increase of 16% from a year earlier and a slight decline from Wall Street forecasts of €4.98 billion. Advertising revenue grew more slowly, reaching €482 million (US$541.42 million), below estimates of €484.8 million. Advertising sales have long been a challenge for the company, which has struggled to turn this segment into a profitable business despite having more free users than paid subscribers. During the last quarter, Spotify announced plans to expand its audiobooks business. Audiobooks, which the company says generate revenue - especially from the most frequent users who pay extra to enjoy more listening hours - will arrive in new markets, including Spain, Mexico and Norway. Spotify's podcast efforts, which are now increasingly focused on a limited number of hit shows, got a boost from the renewal of its contract with Joe Rogan, giving Spotify the rights to sell advertising on his podcast, which remains the most-watched show in the United States. Spotify also collaborates with Amy Poehler on her podcast and has an agreement with Netflix Inc. to distribute certain shows on its platform. Gross margin in the third quarter was 33%, exactly matching analysts' estimates for this metric. The company has continued to sign music deals with record labels and publishers to develop its upcoming artificial intelligence-based remix tool, which will allow users to pay more to customize songs to their liking. Spotify faces growing competition from numerous startups seeking to develop similar features. The company forecast revenue of €5.2 billion (US$5.84 billion) for the fourth quarter and 818 million monthly users, figures that largely match analysts' estimates. Read more at Bloomberg.com