> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# 9 Big Takeaways From Spotify’s Q2 Earnings Call
- URL: https://www.hypebot.com/9-big-takeaways-from-spotifys-q2-earnings-call/
- Published: 2018-07-26T09:17:21.000Z
- Updated: 2018-07-26T09:17:21.000Z
- Description: Today's Q2 2018 earnings call was, as CEO Daniel Ek promised they would be, filled with information both for investors and the rest of us. Here are 9 big takeaways:
- Author: Bruce Houghton
- Tags: Music Business, Streaming, Spotify, stock, streaming, #wp, #wp-post, #Import 2026-01-21 10:00

[![Spotify new](http://hypebot.typepad.com/.a/6a00d83451b36c69e2022ad3a3e630200b-200wi "Spotify new")](http://hypebot.typepad.com/.a/6a00d83451b36c69e2022ad3a3e630200b-popup?ref=hypebot.com)Today's Q2 2018 earnings call was, as CEO Daniel Ek promised they would be, filled with information both for investors and the rest of us. Here are 9 big takeaways:
- **Users are continuing to flock to the streamer** – Spotify ended June with 180 million monthly active users, including 83 million paid subscribers. That's up 30.4% and 40.7% respectively over the same quarter 2017.
- **Losses continue despite revenue growth** \- Spotify generated revenues of $1.5B USD in Q2, up 26.4% year-on-year. But the net loss was$461.4M compared to a net loss of $220M for the same quarter last year.
- **Spotify For Artists is a hit** – 200,000 artists now use the marketing and analytics platform monthly. CEO Daniel Ek also repeated his promise to build an ecosystem that enables "1 million creators to make a living off the platform."
- **Spotify's Family and Student plans are driving growth** alongside bundles with Hulu and others.
- **What churn rate?** Ek debunked a report of 16% churn rates with a claim of 4% and falling in the US.
- **Don't expect price increases any time soon,** despite a current experiment in Scandinavia.
- **Revenue growth will come from nore paid subscribers and advertising**, not from paying less to creators and labels.
- **No Exclusives** – expect in podcasts.
- **No Push Into Video** – "We're an audio first platform," reminded EK.