Spatif reported its performance for the second quarter of this year. Streaming service added more consumers than expected, but total revenue and operating revenue declined than expectations.
After adding 5 million premium consumers to Q1, it added 8 million more in this quarter (more than 3 million forecasts). Compared to Q2 last year, the number of premium consumers increased by 12 %, however, advertising users are down 1 %.
Q2 2025 Report of Spatif
Overall, Spatif’s Q2 2025 had 696 million monthly active users (MAU), which was 11 % higher than the same period last year. Of this, premium users are 276 million. The guidance was for 689 million Mao and 273 million premium users.
However, the total income for Q2 was 2 4.2 billion and operating income was 646 million, both of which are less than $ 4.3 billion and $ 539 million. You may find a detailed error in this PDF.
Distribution and growth of monthly active users and premium users
Spatifs have been added to Sweden, which is not seen in US companies. For example, social charges increased by 98 million more than the prediction due to the high cost of stock (employer contributions to social protection).
Spatif also posted his point of view for Q3. It is expected to reach 710 million MAUs (+14 million compared to this quarter), in which total premium consumers have reached 281 million (+5 million QQ). However, the overall revenue is expected to remain the same for $ 2 4.2 billion, which is predicted to have 5 485 million operating income (with a $ 25 million social charges based on the Q2 share price).
In addition, the Board of Directors approved an increase of $ 1 billion in the company’s share re -purchase program, which reached a total of $ 2 billion. Of this, 4 104 million shares have already been spent on re -purchases.
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