Spotify reported second-quarter 2026 revenue of €4.8 billion, a 14% year-over-year increase. The company reached 300 million Premium subscribers following 9% year-over-year growth.
Operating income rose to €655 million. Gross margin improved to 33.4%.
Total Monthly Active Users (MAUs) grew 12% year-over-year to 777 million. This figure fell short of the company's 778 million guidance. Revenue and earnings per share missed analyst consensus estimates.