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# Spotify grew 14% in 3 months to 433M users, revenue up 23%
- URL: https://www.hypebot.com/spotify-grew-19-in-3-months-to-433m-users-revenue-up-23/
- Published: 2022-07-27T11:10:22.000Z
- Updated: 2022-07-27T19:42:21.000Z
- Description: [UPDATED] Spotify reported strong second-quarter user and earnings growth, beating analyst expectations. Monthly active users grew 14% to 433 million in Q2, a full 5 million users above its own guidance.. Continue reading [https://www.hypebot.com/hypebot/2022/07/spotify-grew-19-in-3-months-to-433m-u
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Streaming, music, music industry, musician, musicians, Spotify, #wp, #wp-post, #Import 2026-01-21 09:48

\[UPDATED\] Spotify reported strong second-quarter user and earnings growth, beating analyst expectations. Monthly active users grew 14% to 433 million in Q2, a full 5 million users above its own guidance.

It was Spotify’s largest-ever Q2 growth and came from gains in Europe, “Gen Z strength in Latin America,” and global marketing campaigns outside of core territories.

Spotify paid Premium Subscribers grew 14% to 188 million, a gain of 6 million and 1 million above guidance.

Total revenue was up 23% to $2.91 billion. Spotify reported a net loss of $127 million for the period, versus a net loss of $20.3 million a year prior.

**Bruce Houghton* is Founder and Editor of [Hypebot](https://www.hypebot.com/) and [MusicThinkTank](http://www.musicthinktank.com/?ref=hypebot.com) and serves as a Senior Advisor to [Bandsintown](https://www.bandsintown.com/?ref=hypebot.com) which acquired both publications in 2019\. He is the Founder and President of the[ Skyline Artists Agency](https://skylineonline.com/?ref=hypebot.com) and a professor for the [Berklee College Of Music](https://online.berklee.edu/courses/touring-101?ref=hypebot.com).*