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Spotify surpasses 300M subscribers amid 14% revenue growth and AI innovation.

Company Fundamentals
04 Aug 2026
TechCrunch
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Bullish
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Spotify has exceeded 300 million subscribers for the first time, with 777 million monthly active users in Q2, a 12% increase year-over-year. Despite raising subscription prices in several regions, its subscriber base grew 9% in the quarter. The company reported €4.8 billion ($5.52 billion) in quarterly revenue, up 14% from last year, driven by diversification into fitness content, concert ticket sales, and AI-powered features like personalized podcasts and conversational assistants. Spotify continues to address challenges around AI-generated music by implementing artist verification and labeling systems to maintain user trust.

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