Deezer Lifts 2026 Outlook After Second Straight Quarter of Revenue Growth

Deezer raised its full-year 2026 revenue and profitability outlook on October 27, saying it now expects adjusted EBITDA to exceed €10 million ($11.2 million), against earlier guidance of positive adjusted EBITDA. The Paris-based streaming company also said 2026 revenues should "grow slightly" over 2025, having previously guided for "broadly stable" revenues, according to Music Business Worldwide.

Deezer's Direct Business Lifts Third-Quarter Revenue

Revenue rose 1.0% year-over-year at constant currency to €133.8 million ($149.5 million) in the three months to September 30, Deezer's second consecutive quarter of growth. The Direct business, subscriptions sold straight to consumers, grew 6.4% to €94.1 million ($105.1 million), which the company said more than offset declines in Partnerships and Other revenue. Direct subscribers rose 5.7% to 5.8 million, including 3.9 million in France and 1.9 million elsewhere.

Total subscribers fell 3.2% to 8.7 million from 9.0 million a year earlier, as Partnerships subscribers dropped 17.1% to 2.9 million on what Deezer called "the expected run-off of legacy distribution partnerships." Partnerships revenue fell 7.5% to €33.4 million ($37.3 million), and Other revenue fell 20.6% to €6.4 million ($7.1 million). Billboard reported that subscriber growth in France helped drive the quarterly revenue increase.

"Our continued operational progress and disciplined execution give us the confidence to raise our full-year revenue outlook and strengthen our profitability outlook, with adjusted EBITDA now expected to exceed €10 million in 2026," CEO Alexis Lanternier said.

Deezer's Profitability Record and B2B Push

Deezer is a French publicly traded music streaming platform founded in 2006, offering subscription and ad-supported access to more than 120 million tracks across more than 180 countries, according to akta.pro company records. The same records show net income of €8.5 million in 2025, turning from a €26 million loss in 2024 and marking the company's first annual profit. The records also list stable revenue of €534 million in fiscal 2025, down 1.4% year-over-year from €541 million in 2024.

Deezer Club and Live Shows Before the Results

Deezer launched its Deezer Club membership program in Brazil in August 2026, giving Premium subscribers access to concerts, VIP perks and artist collaborations, Telecompaper reported. In October 2026, Deezer announced Deezer Live, a series of live shows in São Paulo starting October 27 with Luísa Sonza and free tickets for Premium subscribers through Deezer Club, Exame reported. Deezer and ExitLag also launched a joint subscription in Brazil for R$34.90 per month, combining Deezer Premium Individual with ExitLag's gaming optimization, Exame reported.

Deezer's AI Toggle and 2027 Results Date

Deezer said its AI toggle, announced October 13, will let users exclude fully AI-generated music from search results, and the company expects to launch the feature before the end of 2026. Deezer will report full-year 2026 results on March 17, 2027.