Spotify Tops 300 Million Subscribers After U.S. Price Increase

Spotify surpassed 300 million subscribers for the first time in Q2 2026, growing 9% despite raising U.S. prices in January. Revenue hit €4.8 billion, up 14% year over year. Monthly active users reached 777 million across 184 markets. The growth suggests real pricing power, though separating price effects from emerging-market expansion would require cohort data Spotify hasn't disclosed.