Newsletter editorBeehiiv's editor was designed for the newsletter use case. Ghost's editor is a website editor that also emails.
Beehiivpurpose-built for newsletters · live preview, segments, A/B subjects
Ghostpost editor that also sends as email · simpler model
Website / CMSGhost is the only one that competes with WordPress as a publication CMS.
Beehiivbasic landing + post archive
Ghostfull CMS · themes, pages, navigation, custom domains
Paid subscriptionsBoth work. Ghost's tiers are more flexible for non-newsletter products.
BeehiivBoosts + paid tier · Stripe-backed
GhostMembers + Stripe-backed paid posts and tiers
Sponsorships / adsBeehiiv's sponsor marketplace is a real revenue stream for newsletters with traction.
Beehiivbuilt-in ad network + sponsorship marketplace
Ghostno native ads · BYO sponsor + manual placement
Referral programsBuilt-in referral mechanics are a Beehiiv differentiator and they work as advertised.
Beehiivfirst-class · milestone rewards built in
Ghostmanual · external tools or custom code
Self-hostingGhost is the only one in this comparison that gives you an exit ramp.
Beehiivno · cloud only
Ghostyes · open source MIT, Docker image, fully runnable
Custom domainBoth support it; the workflow is fine on either.
Beehiivfree on all plans
Ghostfree on Pro plan · DNS-level via Ghost(Pro) or self-host
Pricing modelBeehiiv has a real free tier; Ghost is paid from day one. Both flat-tier above the free line.
Beehiivfree up to 2.5k subs · usage tiers above
Ghost$9–$199 flat by subscriber count
API / dev experienceGhost's API is more comprehensive because the product is more developer-facing.
BeehiivREST API · webhooks · usable but secondary
GhostREST + Admin API · webhooks · core to the product
Lock-inIf you cancel Beehiiv, you can export your CSV but your hosted archive disappears. Ghost's content is yours.
Beehiivhigh · no export of subscriber relationship
Ghostlow · self-host or migrate