Spotify surpasses 300 million Premium

Spotify Technology said on August 4 that it finished the second quarter with 300 million Premium subscribers and 777 million monthly active users, extending the scale of its paid and ad-supported business. The company reported second-quarter revenue of €4.78 billion, up 14% from a year earlier, in its latest results release. Spotify’s investor site also lists a Q2 2026 earnings webcast and shareholder deck published with the results. ### How big is Spotify’s paid business now? Spotify’s investor materials say the service now has 300 million subscribers across 184 markets, alongside 777 million total users. That means the company added enough paying listeners in the quarter to clear a threshold Wall Street and the music business have watched for years as a marker of subscription scale. The August 4 results release on Spotify’s investor relations site confirms the figures were part of the company’s second-quarter report. (investors.spotify.com) Spotify did not frame the milestone as a standalone product launch or regional event; it arrived as part of the quarterly earnings update. ### What did the quarter look like financially? Spotify said second-quarter revenue reached €4.78 billion. (investors.spotify.com) The company’s reported gross margin was 33.4%, a figure highlighted in coverage of the earnings call and consistent with Spotify’s recent focus on profitability as well as user growth. The company’s financials page shows a Form 6-K dated August 4, 2026, alongside the quarter’s reporting package. (investors.spotify.com) Spotify’s stock information page shows the shares closed at $482.23 on August 5 after trading as high as $508.00 during the session. ### Where does the price increase fit in? Spotify said on January 15 that it was updating Premium pricing in the United States, Estonia and Latvia. (investors.spotify.com) The company said at the time that subscribers in those markets would receive an email over the following month explaining what the update meant for their plans. Spotify’s support page says users who receive the price-change notice get a one-month grace period before the new rate takes effect. (investors.spotify.com) The support page does not list the dollar amount in the excerpt available through Spotify’s site search, but the company directed new subscribers to its Premium pricing page for current plan rates. ### Is Spotify relying only on subscriber growth? (newsroom.spotify.com) Spotify’s investor-facing description of the business says listeners can access more than 100 million tracks, 7 million podcast titles and 700,000 audiobooks on the platform. Those numbers show the company is still presenting itself to investors as a broader audio service rather than only a music subscription product. (support.spotify.com) The January pricing notice said “occasional updates to pricing across our markets reflect the value that Spotify delivers,” linking price changes to the company’s product offering and artist payments. That statement came from Spotify’s newsroom post announcing the update. ### Where can readers check the source documents? Spotify’s investor relations homepage links directly to the August 4 second-quarter results release, the shareholder deck and the earnings webcast. (investors.spotify.com) The company’s events page lists the Q2 2026 earnings call as a featured event, and its financials page lists the related 6-K filing dated August 4, 2026. Spotify’s support and newsroom pages remain the company’s published record for the January Premium price update in the United States. (newsroom.spotify.com) Those pages say affected subscribers receive advance notice and a one-month window before the new price is charged. (investors.spotify.com)