Spotify Reports Record Growth in Monthly Listeners, Reaching 751 Million

The streaming giant saw its biggest net add in history, with a 11% increase in monthly active users and 10% rise in paid subscribers.

Feb. 10, 2026 at 4:15pm

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Spotify's fourth-quarter earnings report revealed a record increase of 38 million monthly active users, bringing the total to 751 million listeners. The company also saw a 10% increase in paid subscribers, rising to 290 million. Spotify's total revenue topped $5.3 billion, up 7% from the previous year.

Why it matters

Spotify's continued growth solidifies its position as the world's most popular audio streaming service. The company's ability to attract new users and retain paying subscribers is crucial as it competes with rivals like Apple Music and Amazon Music in the highly competitive music streaming market.

The details

Spotify credits much of its success to its biggest Wrapped campaign yet, which engaged 300 million users globally. The company also expanded and enhanced tech features, like adding music videos and more access to audiobooks, for both premium and free subscribers. Spotify's operating income rose 47% to $834 million, though its ad-supported revenue was down 4% due to softness in pricing.

  • Spotify released its fourth-quarter earnings report on February 10, 2026.
  • The company saw a record increase of 38 million monthly active users at the end of 2025.

The players

Spotify

A Swedish audio streaming and media services provider, founded in 2006, that has become the world's most popular audio streaming subscription service.

Daniel Ek

The founder and executive chairman of Spotify.

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What they’re saying

“Today, what we've really built is a technology platform for audio — and increasingly, for all the ways creators connect with audiences. And this identity will matter even more going forward.”

— Daniel Ek, Founder and Executive Chairman, Spotify

What’s next

Spotify expects an increase of 8 million monthly active users in the first quarter of 2026, bringing its total closer to 759 million users. The company also projects a smaller 3 million bump in paying subscribers.

The takeaway

Spotify's record growth in monthly listeners and paid subscribers demonstrates its continued dominance in the music streaming industry. The company's focus on expanding its technology platform and enhancing features for both free and premium users has been key to its success.