Substack vs Beehiiv compared in 2026 — discovery, monetization, fees, analytics, and which newsletter platform is right for creators.
Substack has larger built-in discovery; Beehiiv has better monetization tools, analytics, and no revenue share on paid subscriptions.
Yes (up to 2,500 subs)
$39/mo (Scale, 0% fees)
| Feature | Substack | Beehiiv |
|---|---|---|
| Revenue Share | 10% of paid subs | 0% |
| Discovery | Large network | Smaller |
| Referral Program | No | Yes |
| Analytics | Basic | Advanced |
Pros
Cons
Pros
Cons
Choose Substack for built-in discovery and community, especially when starting out. Choose Beehiiv once you have a list and need better monetization tools with 0% revenue share.
No — Beehiiv charges a flat monthly fee with 0% revenue share. Substack takes 10% of paid subscription revenue.
Substack's network effects and Notes feature help with initial discovery. Beehiiv's referral programs drive faster growth once you have an established list.
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