Spotify reached 300 million Premium Subscribers in the second quarter of 2026, a first for any audio streaming service. The company also reported accelerating revenue growth and a record gross margin during the period.
Co-CEO Alex Norström highlighted the platform’s expanding role in users’ daily routines.
Spotify lives across your whole day, the commute, the workout, studying, gaming, the dinner table, and sleep. At our scale, that is rare.
Co-CEO Gustav Söderström pointed to the company’s execution against its long-term vision, outlined at its recent Investor Day.
This quarter demonstrated that we are already building that future: better engineering, faster shipping, new products and new ways for users to engage. We are still in the very early stages of what is possible and will continue to have a high bar for investments.
The company noted that constant currency adjusted measures are non-IFRS measures.
