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 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 growth and rising average revenue per user, which stood at €4.89 ($5.69), up 7.4% year-on-year. The Premium subscriber base rose from 293 million in the prior quarter, with Europe accounting for 36% of subscribers, North America 25%, Latin America 24% and the rest of the world 15%. Total monthly active users, including free ad-supported listeners, grew 12% year-on-year to 777 million, slightly below guidance, while the quarter also saw the US launch of Reserved, a Live Nation partnership giving loyal subscribers early access to concert tickets.