Deezer Reports Modest Revenue Growth and Strong Profitability in H1 2026

Deezer announced a slight revenue increase in the first half of 2026, with a total of €268.2 million, marking a 0.4% year-over-year growth. The company's direct business remains the key growth driver, with revenues climbing by 6.7% due to increased subscribers in France and globally. However, partnership revenues declined by 7.6%, partially offsetting the overall growth.

Deezer reported an adjusted EBITDA of €8.5 million, a significant improvement from €2.1 million in H1 2025. Net income turned positive, reaching €6.7 million compared to a loss of €7.6 million in the prior year. The company maintains a strong cash position, with €100 million in reserves, supporting ongoing investments in future growth and AI innovation.

Looking ahead, Deezer affirmed its FY26 guidance with stable revenues and continued positive cash flow. Strategic initiatives, such as the revamped Deezer for Business and innovation in AI music detection tools, are expected to contribute to sustained growth and industry leadership.