Spotify付费用户突破3亿，Q2营收不及预期，股价收跌1.57%

Spotify付费用户突破3亿，Q2营收不及预期，股价收跌1.57%

2026-08-05 07:53

ChainThink 消息，8 月 5 日，Spotify 公布 2026 年第二季度财报，付费订阅用户首次突破 3 亿，季度净增 700 万；

月活跃用户达到 7.77 亿，同比增长 12%。财务数据显示，Spotify Q2 营收 47.8 亿欧元，同比增长 14%；净利润 5.45 亿欧元，毛利率升至 33.4%；

营业利润为 6.55 亿欧元，高于市场预期的 6.392 亿欧元。不过，公司第三季度指引低于部分市场预期。

Spotify 预计 Q3 月活用户为 7.88 亿，低于分析师预期的 7.93 亿；营业利润预计为 6.7 亿欧元，低于预期的 6.778 亿欧元。公司股价周二收跌 1.57%。

Spotify 表示，公司正加大营销及 AI 领域投入，第二季度运营支出同比增长 19% 至 9.41 亿欧元。

AI 业务方面，Spotify 与独立音乐授权机构 Merlin 达成合作，将 AI 混音、AI 翻唱等功能扩展至超过 3 万家独立厂牌，并计划将相关工具作为付费附加服务推出。

Disclaimer: Contains third-party opinions, does not constitute financial advice

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