Spotify now has 696 million monthly active users and 276 million Premium subscribers as of Q2 2025. This is an increase from 678 million monthly users and 268 million Premium subscribers in Q1 2025.
Revenue increased 10% to $4.85 billion driven by an increase in Premium subscribers and advertising. However, Spotify recorded a loss of $100 million due to increased operating costs, staff salaries, promotions and financial compensation given to employees.
Spotify also revealed that it now has 430,000 podcast episodes in its video library, with it growing 20 times faster than audio podcasts since 20245.
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