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Substack

Free to publish, 10% if you get paid, and the network is the product.

Facts verified AUGUST 2026 Visit Substack ↗

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Substack is a publishing platform for newsletters, podcasts and video that charges nothing to start and takes a percentage only when writers charge for subscriptions. Its distinguishing asset is the network: recommendations, the app and the Explore feed send readers between publications, which no self-hosted newsletter tool can offer.

Substack: the short answer

Every line below is drawn from facts verified on 9 August 2026.

What it is
Free to publish, 10% if you get paid, and the network is the product
Best for
Writers who want distribution as well as software
Starts at
Free to publish; Substack takes 10% of paid subscription revenue
Free option
Free plan available, no trial
Biggest strength
Genuinely free until you charge, with no subscriber limits
Biggest drawback
10% of revenue forever becomes the priciest option at scale
Closest alternative
beehiiv - Flat monthly fee and 0% take rate on paid subscriptions above Launch
True annual cost
from $120 a year at the cheapest paid tier

Substack at a glance

Substack at a glance - key facts verified August 2026
Best for Writers who want distribution as well as software, Anyone testing whether readers will pay before investing in tooling, Publications where the writing is the product
Category Marketing, Productivity
Starting price Free to publish; Substack takes 10% of paid subscription revenue
Free plan Yes
Free trial No trial offered
Pricing model usage based
Company Substack Inc.
Founded 2017
Headquarters San Francisco, California, United States
Founders Chris Best, Hamish McKenzie, Jairaj Sethi
Platforms Web, iOS, Android
Public API No
Browser extension No
Mobile apps iOS + Android
Self-hosting No
Affiliate programme No
Data source Vendor pricing page and public records
Last checked August 2026

Substack pricing

Prices below were read from the vendor's own pricing page on 9 August 2026. Pricing model: usage based. No free trial is offered.

Substack plans and prices, verified 9 August 2026
Plan Price Billing Notes
Publishing $0 per month Free to write, send and grow a free list, with no subscriber limit
Paid subscriptions 10% per usage Writers keep 90% of revenue, before credit card processing fees
Payment processing Additional per usage Card fees are deducted on top of the 10%, charged by Stripe

Which Substack plan should you buy?

Recommended Substack plan by situation
Your situationRecommendedWhy
You are starting and do not know if anyone will payPublishing, freeNo subscriber cap and no cost. Paying 10% of nothing is better than paying $96 a month to discover nobody subscribes.
You have turned on paid subscriptionsAccept the 10%Writers keep 90% before card fees. Reasonable while revenue is small, and it never stops scaling.
You earn a few thousand a month from subscriptionsDo the arithmetic against beehiivAt $5,000 a month you pay Substack $500. beehiiv's Max plan is roughly $96 and takes nothing from subscriptions.
You need automation or segmentationDo not use SubstackThere is almost none. Kit or beehiiv if your publication is a funnel.
You want to leave laterYou can, and lists export properlySubscriber export works cleanly, which is the most important thing about any list tool.

Verdict by who you are

  • Writer with no existing audienceYes

    Free until you charge, and the recommendation network and app genuinely introduce readers. Nothing else offers distribution as well as software.

  • Writer earning meaningful subscription revenueNo

    10% forever becomes the most expensive option in the category. Move once the fee exceeds a flat platform cost.

  • Podcaster or video creatorYes

    Hosting for both is included at no extra cost, which is unusual.

  • Business with a marketing funnelNo

    No automation, no segmentation, no real API. This is a publication tool.

Should you buy Substack?

Buy Substack if…

  • Writers who want distribution as well as software
  • Anyone testing whether readers will pay before investing in tooling
  • Publications where the writing is the product

Do not buy Substack if…

  • Businesses needing marketing automation and segmentation
  • Large paid lists, where 10% becomes the most expensive option
  • Anyone needing full control of design or subscriber data

Key features

  • No cost until you charge readers
  • Recommendation network that grows lists between publications
  • Substack app with a dedicated reader feed
  • Paid, free and founding-member subscription tiers
  • Podcast and video hosting included
  • Comments and subscriber-only discussion threads
  • Notes, a short-form feed for discovery
  • Full subscriber list export

Integrations

  • Stripe for payments
  • Custom domains
  • RSS
  • Zapier, through limited third-party connectors

Substack screenshots

Captured by us in August 2026 at 1440px, unedited. Interfaces change, so these show the product as it looked on the date we verified this profile. Pricing pages are captured from a US vantage point, so the currency shown matches the USD figures recorded above.

Substack homepage, showing how the product presents itself
Homepage · August 2026
Substack pricing page, the page the prices we record were read from. Currency shown depends on the visitor's region
Pricing page · August 2026

Our assessment

Substack is the best place to find out whether anyone will pay for your writing, because it costs nothing until they do and its network actively sends readers your way. That combination is genuinely hard to replicate. The same 10% that makes starting free makes succeeding expensive: at $5,000 a month in subscriptions you are paying $500 a month for software that beehiiv would provide for under $100, and the fee never stops scaling. The other reservation is control. Design options are deliberately narrow, there is no real automation, and no API to speak of. Start here, and do the arithmetic again once the revenue is real.

What works in Substack

  • Genuinely free until you charge, with no subscriber limits
  • Recommendation network and app drive real list growth
  • Podcast and video hosting included at no extra cost
  • Subscriber list exports cleanly, so leaving is possible

What doesn't

  • 10% of revenue forever becomes the priciest option at scale
  • Almost no marketing automation or segmentation
  • Very limited design control
  • No meaningful API for custom workflows

EveryAny Decision Score

Scored by dimension rather than averaged into one number, because the trade-offs are the useful part. 3 of these 8 dimensions are calculated from verified facts by published formula; the rest are editorial judgement, labelled as such. How each score is calculated.

  • Cost position7.5/10

    derivedentry tier at $10 a month against a category median of $20 across 12 comparable tools

  • Portability4/10

    deriveddocumented export

  • Subscription flexibility6/10

    derivedfree plan, usage based, monthly billing

  • Feature depth5/10

    editorialeditorial judgement, reviewed at last check

  • Ease of learning10/10

    editorialeditorial judgement, reviewed at last check

  • Collaboration5/10

    editorialeditorial judgement, reviewed at last check

  • AI capability4/10

    editorialeditorial judgement, reviewed at last check

  • Professional adoption9/10

    editorialeditorial judgement, reviewed at last check

What leaving Substack would cost

6/10 Lock-in

moderate lock-in

Calculated as 10 minus a portability score of 4, built from four signals (self-hosting, a public API, open-source licensing and a documented export path) . Substack scores on: documented export. Formula.

Substack competitors and alternatives

Alternatives to Substack
Alternative Why you might pick it instead
beehiiv Flat monthly fee and 0% take rate on paid subscriptions above Launch.
Kit Better automation and commerce tooling for creators selling products.
Ghost Open source and self-hostable, with no revenue share at all.

The fee, precisely

Publishing on Substack is free with no subscriber cap. If you turn on paid subscriptions, Substack’s own page states that writers keep 90% of their revenue minus credit card fees. So the deduction is two-part: Substack’s 10%, then payment processing on top, charged through Stripe rather than by Substack.

That wording matters when modelling income. Ten per cent is the number people quote, but the amount reaching your account is lower than 90% once card fees are taken.

Where 10% stops being a bargain

The revenue share is what makes Substack risk-free to start and expensive to succeed on. Some rough arithmetic at a $5 monthly subscription:

Paying subscribersMonthly revenueSubstack’s 10%
100$500$50
1,000$5,000$500
5,000$25,000$2,500

At the top of that table you are paying $30,000 a year. beehiiv would charge roughly $1,200 for its Max plan and take nothing from subscriptions. The crossover comes earlier than most writers expect, and the fee applies to every renewal indefinitely.

None of which makes starting elsewhere correct. Paying 10% of nothing is better than paying $96 a month to find out no one subscribes.

The network is the real differentiator

Recommendations, the app and Notes move readers between publications, and for many writers a large share of new subscribers arrive that way. No self-hosted tool can offer this, because it is not a feature but an audience. If discovery matters more to you than margin, that is the argument for staying.

What you give up

Design control is narrow by design, so Substacks look like Substacks. There is no serious automation: no behavioural sequences, no conditional segmentation, no lead scoring. There is no real API. If your publication is a business with a funnel rather than a body of writing, Kit or beehiiv will fit better.

Subscriber lists do export properly, which is the most important thing. Whatever you build here, you can take with you.

Substack questions, answered

Is Substack worth it?
Substack is the best place to find out whether anyone will pay for your writing, because it costs nothing until they do and its network actively sends readers your way.
How much does Substack cost?
Free to publish; Substack takes 10% of paid subscription revenue. The cheapest paid tier we recorded works out at $10 a month, or $120 over a year. Verified against the vendor's pricing page.
Does Substack have a free plan or free trial?
Substack has a free plan. No free trial is offered.
What is the best Substack alternative?
It depends on the job. beehiiv: Flat monthly fee and 0% take rate on paid subscriptions above Launch. Kit: Better automation and commerce tooling for creators selling products. Ghost: Open source and self-hostable, with no revenue share at all.
Can I self-host Substack?
No. Substack is a hosted service only, so your data lives on the vendor's infrastructure.

Provenance and freshness

When each fact was last checked

  • Pricing ·
  • Plans ·
  • Free trial
  • Features
  • Platforms
  • Integrations
  • Affiliate programme
  • Company details

What has changed

  1. August 2026

    • Confirmed the 90% writer share against Substack's own going-paid page
    • Added plan picker and verdicts

Sources & verification

Facts on this page were read from the sources below on the dates shown. Where a vendor does not publish a figure, we record it as not disclosed rather than estimating it.

  1. Substack, going paid - checked 9 August 2026
Reviewed by
EveryAny.One Editorial
Last verified
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