Spotify reported double-digit quarterly revenue and subscriber growth on Tuesday, as its podcast, audiobooks and video offerings helped bring in users and offset a slowdown in the streamer’s advertising revenue growth.

On a call with investors and analysts, CEO/Founder Daniel Ek and Gustav Söderström and Alex Norström, who will succeed Ek as co-CEOs in January, discussed the company’s third quarter earnings. They laid out financial targets for the rest of the year, predicted improvement in advertising revenue in 2026 and announced a partnership with Netflix for video podcasts.

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