Spotify reports increased Premium subscribers

Spotify announced it had 306 million Premium subscribers in the third quarter of 2026, a 9 percent increase compared to the same period in 2025. This growth reflects the company's expanding reach and continued popularity among users willing to pay for ad-free music streaming.

Monthly active users rise

The music streaming service also recorded 788 million monthly active users during the same period, marking an 11 percent increase year-over-year. This indicates that more people are engaging with Spotify's platform, whether through free or paid subscriptions.

Spotify reports strong revenue growth

Spotify’s quarterly revenue reached 5 billion euros, a 14 percent increase at constant exchange rates. This financial performance highlights the company's ability to grow its revenue despite global economic challenges and competition in the streaming industry.

Spotify co-CEO comments on growth

Alex Norström, co-CEO of Spotify, emphasized the company's progress, stating that Spotify has built a "solid company" with increasing growth potential. He noted the platform's strong commitment to innovation, cost management, and expanding its user base of music, podcast, and book enthusiasts.

Spotify expands into new markets

Spotify Memberships are now available in 34 markets, enabling creators to connect with fans and offer exclusive content. This expansion supports Spotify's goal of becoming a global hub for creators and listeners alike.

New programs support emerging artists

Spotify is launching the Fresh Finds Forward program, which will provide resources and community support to 10,000 emerging independent artists annually. This initiative aims to help new talent develop their careers and gain visibility on the platform.