Spotify reaches 300 million Premium subscribers in Q2 2026
Spotify’s second quarter 2026 earnings reveal continued growth across subscribers, monthly active users and revenue.
Spotify has released its Q2 2026 earnings report, revealing another strong quarter for the streaming platform. Spotify has now reached a milestone of 300 million Premium subscribers, while its total monthly active users climbed to 777 million.
Spotify’s strong Q2
Spotify’s latest results cover the period from April through June 2026. The platform continued to grow its global audience, with Premium subscribers increasing by 9% year over year.
Here are the numbers that matter:
- Premium subscribers grew 9% Y/Y to 300 million.
- Monthly Active Users (MAUs) increased 12% Y/Y to 777 million.
- Total revenue increased 14% Y/Y to €4.8 billion.
- Gross margin improved by around 193 bps Y/Y to 33.4%.
- Operating income reached €655 million.
Spotify says this is the first time an audio streaming service has reached 300 million Premium subscribers.
You can check out Spotify’s full Q2 2026 earnings announcement here.
Spotify continues to expand its listening experience
Alongside its financial results, Spotify highlighted a number of new features and developments from the quarter.
Spotify’s AI-powered DJ is expanding into more markets, with French, German, Italian and Brazilian Portuguese added to the feature, taking it to more than 75 markets.
Spotify has also introduced Talk to Spotify, allowing eligible Premium users to speak or type requests to discover music and other audio.
The platform is also continuing to explore new ways of connecting artists with their biggest fans. Its new Reserved by Spotify feature gives eligible Premium subscribers early access to selected concert tickets, with nearly 100,000 tickets already reserved since launching in the US.
AI remains another major area of development. Spotify says it is working towards a research preview that could allow fans to create remixes using songs from participating artists, using listener feedback to help improve the experience.
For independent artists, Spotify’s continued expansion means there are more potential listeners to reach, while personalised discovery and new fan-focused features could create more ways for people to discover and engage with music.
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