# Spotify surpasses 300 million premium subscribers with rising profit

- URL: https://talkfuse.com/story/spotify-hits-300m-premium-subscribers-in-q2-adding-7m-as-streamer-posts-762m-operating-profit/
- Published: 2026-08-04T13:57:07+00:00
- Updated: 2026-08-04T20:02:14+00:00
- Original publisher: Music Business Worldwide
- Original article: https://www.musicbusinessworldwide.com/spotify-hits-300-million-premium-subscribers-in-q2-202/
- Topics: Entertainment, Music

## Key points

- Spotify hit 300 million Premium subscribers in Q2 2026, beating guidance
- Operating profit rose to $762m as revenue grew 14% year-on-year
- 20th-anniversary campaign drove record single-day subscriber intake

## Summary

Spotify has confirmed it reached 300 million Premium subscribers in the second quarter of 2026, adding 7 million net subscribers and beating its own guidance by 1 million, while also posting a rise in operating profit to $762 million. The results, published on 4 August, underline the streaming giant's continued global growth and come as it credits a 20th-anniversary in-app campaign, engaged with by nearly 100 million users in its first six days, with driving its biggest single day of subscriber intake ever. Co-chief executives Alex Norström and Gustav Söderström said the figures show the firm remains in the early stages of its growth potential, pointing to new features and product investment, including a US ticket-access tool called Reserved launched with Live Nation, as evidence.

Total quarterly revenue reached €4.777 billion ($5.56bn), up 14% year-on-year, with Premium revenue climbing 16% at constant currency to €4.331 billion ($5.04bn) on the back of subscriber and ARPU gains, the latter rising 7.4% to €4.89 ($5.69) a month. Total monthly active users, which include ad-supported listeners, grew 12% year-on-year to 777 million, though this fell 1 million short of guidance. Europe remained Spotify's largest regional market, accounting for 36% of Premium subscribers, ahead of North America (25%), Latin America (24%) and the Rest of World (15%).

## Coverage

- [Music Business Worldwide: Spotify surpasses 300 million premium subscribers with rising profit](https://www.musicbusinessworldwide.com/spotify-hits-300-million-premium-subscribers-in-q2-202/)
- [TechCrunch: Spotify now has over 300M subscribers](https://techcrunch.com/2026/08/04/spotify-now-has-over-300m-subscribers/)

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.