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Deezer (DEEZR) investor relations material

Deezer Q3 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 TU earnings summary27 Oct, 2026

Executive summary

  • Q3 2026 revenue rose 1.8% YoY to €133.8 million, the second consecutive quarter of growth, as Direct more than offset declines in Partnerships and Other.

  • Nine-month revenue was €402.0 million, up 0.9% YoY; FY26 revenue and adjusted EBITDA outlook were raised.

Financial highlights

  • Q3 revenue was €133.8 million versus €131.4 million, up 1.8% reported and 1.0% at constant FX; 9M revenue rose 0.9% to €402.0 million.

  • Q3 revenue by geography: France €84.7 million, up 3.8%; Rest of World €49.1 million, down 1.4% reported and 3.6% at constant FX.

  • 9M revenue by geography: France €251.8 million, up 4.2%; Rest of World €150.2 million, down 4.2% reported and 4.9% at constant FX.

Outlook and guidance

  • FY26 revenue is now expected to grow slightly versus FY25, replacing the prior outlook for broadly stable revenue.

  • FY26 adjusted EBITDA is expected to exceed €10 million, versus prior guidance for positive adjusted EBITDA; selective investment continues.

  • Positive free cash flow is expected for the third consecutive year.

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Frequently asked questions

Deezer S.A. is a global music streaming service offering access to a catalog of songs, podcasts, and radio content. The platform includes personalized recommendations, curated playlists, and social features for user engagement. Deezer operates through direct subscriptions and partnerships with telecom providers and device manufacturers. The company is headquartered in Paris, France, and its shares are listed on the Euronext Paris.