Claim analyzed

Finance

“Spotify reported 696 million monthly active users in the second quarter of 2025, an 11% increase from the second quarter of 2024.”

The conclusion

True
10/10

Spotify's official disclosures fully support the stated figures. The company reported 696 million monthly active users for Q2 2025, compared with 626 million in Q2 2024. That increase is approximately 11.2%, consistent with the reported 11% after rounding.

Caveats

  • The user count is a company-reported metric rather than an independently measured audience figure.
  • The 11% growth rate is rounded from approximately 11.2%.
  • User totals from later or earlier reporting periods are not valid comparisons for this claim.

Sources

Sources used in the analysis

#1
sec.gov 2025-07-29 | Ef20052398 ex99 1.htm

Total MAUs grew 11% Y/Y to 696 million, up from 678 million last quarter and 7M above our guidance.

#2
newsroom.spotify.com 2025-07-29 | Spotify Reports Second Quarter 2025 Earnings

- Monthly Active Users grew 11% Y/Y to 696 million.

Total Monthly Active Users ("MAUs") 626 678 696 11% 3%

#4
s29.q4cdn.com 2025-07-01 | Spotify Technology S.A.

We are the world’s most popular audio streaming subscription service. With a presence in 184 countries and territories, our platform includes 696 million monthly active users (“MAUs”), including 276 million Premium Subscribers (as defined below) as of June 30, 2025. … Our 696 million MAUs have grown 11% year-over-year, as of June 30, 2025. … MAUs were 696 million as of June 30, 2025 and 626 million as of June 30, 2024, which represented an increase of 11%.

#5
s29.q4cdn.com 2024-07-23 | Q2 2024 Shareholder Deck

Total Monthly Active Users ("MAUs") 551 615 626 14% 2%

#6
s29.q4cdn.com 2025-07-01 | Q2 2025 Earnings Call Prepared Remarks

MAU grew by 18 million to 696 million in total, exceeding our guidance by 7 million.

#7
musicbusinessworldwide.com 2025-07-29 | Spotify subscriber base grew by 8m to 276m in Q2; company posted $460m operating profit

Spotify’s total Monthly Active Users, which combine paying users and ad-supported users, grew 11% year over year to 696 million.

#8
billboard.com 2025-07-29 | Spotify Q2 2025 Earnings: Subscribers Up 12%, Revenue ...

Spotify’s net subscribers rose by 8 million to 276 million total, and monthly average users (MAUs) grew by 18 million to a total of 696 million in total … Monthly Active Users grew 11% Y/Y to 696 million

#9
newsroom.spotify.com 2024-07-23 | Spotify Reports Second Quarter 2024 Earnings

Monthly Active Users grew 14% Y/Y to 626 million.

#10
businesswire.com 2025-07-29 | Spotify Technology S.A. Releases Results for Second ...

We are the world’s most popular audio streaming subscription service with more than 696 million users, including 276 million subscribers across 184 markets.

#11
hollywoodreporter.com 2019-09-03 | Spotify Q2 2025 Earnings Report, Subscriber Update

Audio streaming giant Spotify posted second-quarter subscriber gains to end June with 276 million paying premium subscribers, up from 268 million as of the end of the first quarter in March. Monthly active users (MAUs) grew to 696 million from 678 million.

#12
variety.com 2024-07-23 | Spotify Q2 2024 Earnings: 246 Million Premium Subscribers

As of the end of Q2, the company had 626 million total monthly active users, a sequential gain of 11 million (short of its 16 million projection).

#13
nme.com 2024-07-24 | Spotify turns in record quarterly profits grows premium subscribers to 246million – despite controversies

By the end of Q2, Spotify stands at 626million monthly active users, a gain of 11million, and 246million of which are subscribed to Premium – an increase of seven million.

#14
sec.gov 2025-02-04 | Ef20042791 ex99 1.htm

Total Monthly Active Users ("MAUs") 602 615 626 640 675 12% --

#15
celebrityaccess.com 2025-07-29 | Spotify Reports Quarterly Loss As Users Hit 696M, Stock Down 11% - CelebrityAccess

Spotify paid subscribers grew by 8 million to 276 million in Q2 or 12% year on year. Total monthly active users grew 11% to 696 million year on year.

Total Monthly Active Users ("MAUs") 551 615 626 14% 2%

#17
ppc.land 2024-07-23 | Q2 2024 Shareholder Deck - DRAFT

Total Monthly Active Users ("MAUs") 551 615 626 14% 2%

#18
statista.com 2026-02-17 | Spotify MAUs worldwide 2025

| Q2 2025 | 696 | … | Q2 2024 | 626 |

#19
the-cfo.io 2024-07-29 | Revenue Radar: Spotify hits high note with Q2 2024 results, but faces industry discord - The CFO

Spotify reported its Q2 2024 earnings on July 23, 2024. … Total Monthly Active Users (MAUs): 626 million, up 14% year-over-year

#20
investors.spotify.com Spotify - Investor Relations

We are the world’s most popular audio streaming subscription service with 777 million users, including 300 million subscribers, in 184 markets.

#21
stocktitan.net 2025-07-29 | Spotify Q2 Earnings: User Growth Soars 11% Despite ...

Total Monthly Active Users (MAUs) grew 11% year-over-year to reach 696 million, beating the company's guidance of 689 million by 7 million users.

#22
exa.ai 2026-07-23 | SPOT Earnings Call Transcript — Fiscal Q2 2025

So first, starting quarter 2, MAU grew by 18 million to 696 million in total, exceeding our guidance by 7 million.

#23
stocktitan.net 2025-07-29 | Spotify Technology S.A. Current Report (Foreign Issuer) | SPOT Form 6-K

On July 29, 2025, Spotify Technology S.A. released its results for the quarter ended June 30, 2025 by posting its Q2 2025 Update (“Update”) on its website at investors.spotify.com.

Debate

Two AI advocates debated this claim using the research gathered.

Argument for

P
Proponent Argues TRUE

Spotify's own SEC filing and official earnings materials state that total MAUs grew 11% year-over-year to 696 million in Q2 2025, with Source 4 (s29.q4cdn.com Form 6-K) explicitly comparing 696 million as of June 30, 2025 to 626 million as of June 30, 2024. This is independently corroborated by Source 1 (sec.gov), Source 2 (newsroom.spotify.com), Source 3 (Q2 2025 Shareholder Deck), and multiple outlets including Source 7 and Source 8, establishing the claim as fact.

O
Opponent Rebuttal

The Proponent's reliance on Source 4's internal comparison ignores that this figure traces back to the same unaudited corporate press machine as Sources 1, 2, and 3, so calling it 'independent corroboration' when Sources 7 and 8 merely restate Spotify's press release is a circular-reasoning fallacy, not genuine external verification. Moreover, the Proponent conveniently omits Source 20's investor relations page showing 777 million users and Source 14's differing 675 million trailing figure, both of which the Proponent's own opening argument leaves entirely unaddressed and unreconciled.

Argument against

O
Opponent Argues FALSE

A closer look reveals an internal inconsistency in Spotify's own materials: its official SEC-filed shareholder deck (Source 3) shows Q2 2024 MAUs of 626 million rising to 696 million in Q2 2025, which is only a growth figure calculated off a base year figure that itself was revised across filings—note Source 14's earlier SEC filing lists a different trailing quarter figure (675 million) and Source 20's investor relations page cites a materially different current figure of 777 million users, exposing a lack of stable, verifiable baseline data behind the '11%' claim. Given that Spotify's own investor relations homepage (Source 20) contradicts the 696 million figure entirely, and multiple secondary outlets merely parrot the company's self-reported press release language without independent verification, the claim rests on unaudited, self-serving corporate metrics rather than confirmed external fact.

P
Proponent Rebuttal

The Opponent conflates unrelated time periods by treating Source 20's later investor-relations snapshot of 777 million users and Source 14's intermediate quarterly series as contradictions of the Q2 2025 result, when Sources 1, 2, 3, and 4 uniformly and explicitly state MAUs of 696 million as of June 30, 2025, up 11% from 626 million on June 30, 2024. Far from resting on unaudited press-release parroting, the claim is anchored in Spotify's SEC-filed Form 6-K and exhibit materials (Sources 1 and 4), which supply the stable year-over-year baseline the Opponent falsely denies.

Panel Review

3 specialized AI experts evaluated the evidence and arguments.

Reviewer 1 — The Logic Examiner

Focus: Inferential Soundness & Fallacies
True
10/10

Sources 1–4 directly report 696 million Q2 2025 MAUs and 11% year-over-year growth, while Source 4 explicitly supplies the Q2 2024 comparator of 626 million; the increase of 70 million is approximately 11.2%, consistent with a reported 11% rounded rate. The claim is true, and the opponent's references to an intermediate historical figure in Source 14 and a later current-user snapshot in Source 20 do not contradict the specifically dated Q2 2025 result.

Logical fallacies

  • The opponent commits a temporal conflation fallacy by treating metrics from different reporting dates as contradictions of the June 30, 2025 metric.
  • The opponent commits a genetic fallacy by dismissing the reported metric solely because it originates with the company, rather than showing that the stated figures or calculation are false.
  • The opponent incorrectly characterizes corroborating reports as circular reasoning, because repetition of a primary issuer's disclosed figure may be non-independent but does not logically contradict the primary disclosure.
Confidence: 10/10

Reviewer 2 — The Source Auditor

Focus: Source Reliability & Independence
True
10/10

Highly reliable sources, including Spotify's SEC filings (Source 1) and official earnings reports (Sources 2, 3, 4), confirm that Spotify reported 696 million monthly active users in Q2 2025, an 11% increase from Q2 2024. The opponent's argument regarding Source 20 is flawed as it represents a later, undated snapshot rather than the specific Q2 2025 earnings report.

Confidence: 9/10

Reviewer 3 — The Precision Analyst

Focus: Claim Precision & Quantitative Accuracy
True
10/10

The claim's exact figures—696 million MAUs in Q2 2025 and 11% Y/Y growth from Q2 2024 (626 million)—are directly and repeatedly confirmed by primary sources including the SEC filing (Source 1), Spotify's official newsroom release (Source 2), the shareholder deck (Source 3), and the Form 6-K (Source 4), all verified verbatim; the Opponent's citation of Source 20 (777 million, undated, likely a much later snapshot) and Source 14 (675 million, a trailing quarter figure from a different filing period) do not contradict the Q2 2025 vs Q2 2024 comparison, they simply reference different time points and are irrelevant to the specific claimed comparison. The claim is precisely worded, matches the exact units, baseline period, and percentage stated across numerous independent outlets (Sources 7, 8, 11, 15, 18), so it is true as stated.

Confidence: 10/10

Panel summary

Primary evidence is exceptionally strong: Spotify's SEC filing, earnings release, shareholder materials, and Form 6-K directly report 696 million monthly active users for Q2 2025. The comparison is logically sound because Q2 2024 had 626 million users; the 70 million increase equals approximately 11.2%, which appropriately rounds to 11%. The wording accurately identifies the metric, reporting period, and year-over-year comparison. Figures from other quarters or later investor-relations snapshots do not contradict this specifically dated disclosure.

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The claim is
True
Score: 10/10
Confidence: 10/10 Unanimous

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True · Lenz Score 10/10 Lenz
“Spotify reported 696 million monthly active users in the second quarter of 2025, an 11% increase from the second quarter of 2024.”
23 sources · 3-panel audit · Verified Sep 2026
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