{
  "id": 128294,
  "title": "Spotify Hits 300 Million Premium Subscribers in Q2",
  "url": "https://urgent.news/2026/08/04/spotify-hits-300-million-premium-subscribers-in-q2",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-04T11:19:53.000Z",
  "source": {
    "name": "TheWrap",
    "slug": "thewrap",
    "url": "https://www.thewrap.com/industry-news/business/spotify-earnings-q2-2026/"
  },
  "original_language": "en",
  "account": "Spotify achieved a significant milestone by reaching 300 million premium subscribers globally in the second quarter, marking a 9% year-over-year growth. The company reported a 14% increase in total revenue to €4.8 billion, with premium revenue growing at a faster pace than anticipated. Although shares of Spotify fell over 4% in pre-market trading post-earnings due to lower-than-expected earnings guidance, the company's total operating profit grew 61% to €655 million. Revenue growth was fueled by the addition of 7 million new premium subscribers and a 12% rise in monthly active users, totaling 777 million. The company's ad-supported monthly active users (MAUs) rose 14% to 494 million. Despite a 3% increase in operating expenses, Spotify maintained strong profitability, with net income reaching €545 million, or €2.61 per share. Looking ahead, Spotify anticipates reaching 305 million premium subscribers and 788 million MAUs by the third quarter, with operating income of €670 million and revenue of €5 billion.",
  "summary": "The music streaming giant reaches a total of 777 million monthly active users The post Spotify Hits 300 Million Premium",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}