Total Direct<\/em> subscribers across France and the rest of the world grew 9% YoY<\/strong> to 5.7 million<\/strong><\/span> in Q1 2026.<\/p>\n The platform’s Direct subscriber base in its home market of France, meanwhile, grew 9.1% YoY<\/strong> <\/span>to 3.8 million<\/b>, driven, according to the platform, “by a well-balanced combination of strong brand positioning, targeted promotional offers and sustained marketing investments”.<\/p>\n Direct subscribers in the rest of the world increased by 8.7% YoY<\/span> <\/strong>to 1.9 million<\/b>, reflecting “solid organic traction and selected profitable marketing investments in key markets”.<\/p>\n However, the platform’s total<\/em> subscribers globally across both Partnerships and Direct fell 5.1%<\/b> YoY<\/b><\/span> to 8.9 million<\/b> in Q1, as subs from its Partnerships segment plunged 23% YoY<\/span> <\/b>to 3.2 million. <\/b>Deezer attributed the decline in the number of Partnership subscribers to what it described as the “expected run-off” of its deal with Brazilian marketplace Mercado Libre.<\/p>\n Total revenue for the quarter fell\u00a00.9% YoY<\/b> <\/span>at constant currency to EUR \u20ac131.9 million<\/b> (USD $154.3m), attributed to \u201cthe expected run-off of the Mercado Libre <\/b>deal.\u201d<\/p>\n As a result, Partnerships revenue in Q1 slumped 14.4% YoY<\/b><\/span> to \u20ac33.6 million <\/b>($39m), while Other revenue \u2014 encompassing advertising, ancillary income, and white-label solutions \u2014\u00a0plunged 20.7% YoY<\/b><\/span> to \u20ac6.5 million <\/b>($7.6m), which Deezer attributed to \u201ca high comparison base, including the end of one content licensing deal in Q4 2025.\u201d<\/p>\n Excluding the Mercado Libre transition effect, Deezer said its Q1 revenue was \u201cbroadly stable.\u201d Deezer also said its recently signed deals with Telenor<\/b>, Molotov<\/b>, Norlys<\/b>, Fitness<\/b> Park<\/b>, Chippu<\/b> and EDF<\/b> are still in the \u201cramp up phase.\u201d<\/p>\n In its home market of France alone, Deezer\u2019s revenue grew 4.2% YoY <\/b><\/span>to \u20ac82.9 million<\/b> ($97m), offsetting the 10% YoY <\/b><\/span>drop in revenue in the rest of the world to \u20ac49 million <\/b>($57m).<\/p>\n In terms of ARPU<\/strong> (Average revenue per user), Partnerships ARPU in Q1 rose\u00a011.8% YoY\u00a0<\/span><\/strong>to\u00a0\u20ac3.4<\/strong> ($3.98), the company said, driven by<\/span>\u00a0an improved partner mix.<\/p>\n ARPU within the company’s direct segment fell 2.6% YoY<\/span><\/strong> to \u20ac5.3 ($6.2).<\/p>\n Alexis Lanternier<\/b>, deezer<\/span><\/p>\n<\/blockquote>\n Alexis Lanternier<\/b>, CEO of Deezer, said:\u00a0\u201cIn the first quarter of 2026, we continued to see strong momentum in our Direct subscriber base, both in France and the Rest of the World. At the same time, we are executing on our strategic priorities, including the repositioning of our partnerships segment, where we are making encouraging progress through new deals and the launch of our revamped Deezer for Business offering.\u201d<\/p>\n \u201cWe also took a step in monetizing our innovation capabilities with the signing of an agreement to license our AI detection tool. Overall, we remain firmly on track to deliver our full-year guidance, with positive adjusted EBITDA and Free Cash Flow, while maintaining revenue broadly in line with 2025 levels.\u201d<\/p>\n The quarterly figures follow a landmark 2025 for Deezer when the company reported<\/a> its first-ever annual net profit of \u20ac8.5 million<\/b><\/span>, reversing the \u20ac26 million<\/b> loss it posted in 2024. That turnaround came even as Deezer\u2019s revenue fell 1.4% YoY<\/b><\/span>, also due to a 12.1% YoY<\/b><\/span> drop in revenue in the Partnerships segment.<\/p>\n In Q1 2026, Deezer said it made progress in the \u201crepositioning\u201d of its Partnerships segment, \u00a0the development of new AI-driven revenue streams, and its ongoing product innovation to improve user experience.<\/p>\n Also during the quarter, Deezer renewed<\/a> its partnership with Sonos<\/strong> Radio<\/strong>, a deal that the streaming platform says drives \u201ctens of millions of monthly listening hours across millions of households globally.\u201d<\/p>\n In February, Deezer launched<\/a> ‘Flow Tuner,\u2019\u00a0<\/b>an update to its flagship Flow product that now lets users activate or deactivate specific genres and subgenres. The company explained that Flow Tuner adjusts recommendations in real time instead of relying on likes, dislikes or skips.<\/p>\n In March, the company struck a deal<\/a> with Hungary-based music rights organization, the Bureau for the Protection of Performers\u2019 Rights<\/b> (EJI), to license its AI detection technology. The development came after Deezer revealed<\/a>\u00a0in January that it was planning to license its AI-detection tech to the wider music industry and made it available via its revamped\u00a0Deezer for Business unit<\/a>\u00a0earlier in March.<\/p>\n
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<\/i><\/a><\/figure>“we are executing on our strategic priorities, including the repositioning of our partnerships segment, where we are making encouraging progress through new deals and the launch of our revamped Deezer for Business offering.\u201d<\/p>\n
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