Spotify Technology (SPOT) Change in Taxes (2018 - 2026)
Spotify Technology (SPOT) posted Change in Taxes of -$42.1 million for Q1 2026, down 621.04% sequentially from -$5.8 million in Q3 2025, and down 110.88% YoY from $387.2 million in Q1 2025.
Spotify Technology (SPOT) Change in Taxes (2018 - 2026) Analysis & Trends
Spotify Technology has reported Change in Taxes for 9 years, with the latest figure at -$42.1 million in Q1 2026.
- Quarterly Change in Taxes fell 110.88% year-over-year to -$42.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$133.6 million (down 100.47% YoY) and the FY2021 annual result came in at -$6.9 million, up 28.04% from the prior year.
- Change in Taxes declined to -$42.1 million in Q1 2026 per SPOT's latest filing, from -$5.8 million in the prior quarter.
- Over five years, Change in Taxes peaked at -$4.0 million in Q3 2022 and troughed at -$65.7 million in Q2 2025.
- A 5-year average of -$18.6 million and a median of -$14.6 million in 2022 frame the typical range for Change in Taxes.
- The sharpest annual moves came in 2022 and 2025: Change in Taxes sank 608.85% in 2022, then jumped 64.52% in 2025.
- Over 5 years, Change in Taxes stood at -$4.0 million in 2022, then tumbled by 88.94% to -$7.6 million in 2023, then sank by 116.18% to -$16.5 million in 2024, then surged by 64.52% to -$5.8 million in 2025, then sank by 621.04% to -$42.1 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered -$42.1 million, -$5.8 million, and -$65.7 million for Q1 2026, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,249.81 Bn | 3,820.78 Bn | 73.85 Bn | 203.00 Mn |
| 2 | Meta Platforms | 1,548.64 Bn | 1,458.38 Bn | 49.47 Bn | - |
| 3 | Taboola.com | 1,148.80 Bn | 1,148.67 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.70 Bn | 284.21 Bn | 1.88 Mn | - |
| 5 | Spotify Technology | 103.82 Bn | 93.58 Bn | 1.75 Bn | -42.15 Mn |
| 6 | Joyy | 78.38 Bn | 77.49 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 61,216.00 |
| 8 | Nebius | 49.27 Bn | 39.65 Bn | 295.20 Mn | 9.30 Bn |
| 9 | 30.60 Bn | 27.82 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 27.30 Bn | 24.60 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -42.15 Mn |
| Mar 31, 2026 | -42.15 Mn |
| Sep 30, 2025 | -5.85 Mn |
| Sep 30, 2025 | -5.85 Mn |
| Jun 30, 2025 | -65.65 Mn |
| Jun 30, 2025 | -65.65 Mn |
| Mar 31, 2025 | -19.99 Mn |
| Mar 31, 2025 | -19.99 Mn |
| Sep 30, 2024 | -16.47 Mn |
| Sep 30, 2024 | -16.47 Mn |
| Jun 30, 2024 | -24.77 Mn |
| Jun 30, 2024 | -24.77 Mn |
| Mar 31, 2024 | -5.43 Mn |
| Mar 31, 2024 | -5.43 Mn |
| Sep 30, 2023 | -7.62 Mn |
| Sep 30, 2023 | -7.62 Mn |
| Jun 30, 2023 | -16.33 Mn |
| Jun 30, 2023 | -16.33 Mn |
| Mar 31, 2023 | -10.73 Mn |
| Mar 31, 2023 | -10.73 Mn |