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- Aug 4, 202690% CONFIDENCEfrom the source
Spotify Reports Q2 2026 Results as Premium Subscribers Reach 300 Million
- Monthly active users rose 12% year on year to 777 million (16 million net additions, just below guidance of 17 million); Premium subscribers reached 300 million, 7 million net additions against guidance of 6 million[1]
- Total revenue was EUR 4,777 million, up 14% (15% at constant currency): Premium EUR 4,331 million, Ad-Supported EUR 446 million[1]
- Gross margin hit a record 33.4%, up 193 basis points; operating income was EUR 655 million (13.7% margin), ahead of guidance[1]
- Free cash flow was EUR 797 million in the quarter and EUR 3.3 billion over the last twelve months[1]
- Q3 2026 guidance: 788 million MAUs, 305 million subscribers, EUR 5.0 billion revenue, 32.9% gross margin and EUR 670 million operating income[1]
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- [1]90%sec.gov/Archives/edgar/data/1639920/000114036126031044/ef20078867_ex99-1.htmsec.gov· Posted Sep 27, 2026· Starts Aug 4, 2026 ✓· 55% of score
The shareholder deck filed as exhibit 99.1 is headed 'Q2 2026 Update August 4th, 2026', and its outlook reflects 'Spotify's expectations for Q3 2026 as of August 4, 2026'.
- [2]78%Spotify Hits 300 Million Premium Subscribers in Q2 2026variety.com· Published Aug 4, 2026· 45% of score
Trade coverage of the Q2 2026 results: the 300 million Premium subscriber milestone and the revenue and profit figures.[1]
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