Spotify Technology (SPOT) Tax Provisions (2017 - 2019)
Spotify Technology's (SPOT) quarterly Tax Provisions came in at $19.1 million in Q2 2019, up 700.28% year-on-year from $2.4 million in Q2 2018, and up 162.24% quarter-over-quarter from -$30.7 million in Q1 2019.
Spotify Technology (SPOT) Tax Provisions (2017 - 2019) Analysis & Trends
Spotify Technology has disclosed Tax Provisions across 3 years of filings, most recently posting $19.1 million for Q2 2019.
- Tax Provisions for Q2 2019 came in at $19.1 million, up 700.28% year-over-year; the trailing twelve-month figure through Jun 2019 was -$22.7 million (changed N/A YoY), and the FY2025 annual result was $14.0 million, down 93.56% from the prior year.
- Tax Provisions came in at $19.1 million for Q2 2019 at Spotify Technology, up from -$30.7 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $19.1 million in Q2 2019 to a low of -$30.7 million in Q1 2019.
- The 3-year median for Tax Provisions is $1.1 million (2017), against an average of -$4.3 million.
- Across the five-year window, Tax Provisions slumped 1368.42% in 2018 and jumped 700.28% in 2019, its largest moves.
- Spotify Technology's Tax Provisions stood at $1.1 million in 2017, then surged by 124.04% to $2.4 million in 2018, then surged by 700.28% to $19.1 million in 2019.
- The last three Tax Provisions figures came in at $19.1 million (Q2 2019), -$30.7 million (Q1 2019), and $2.4 million (Q2 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | -5.80 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 14.83 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | -5.02 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | - |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 1.75 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 10.09 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | -43.34 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 3.20 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 2.00 Mn |
| 10 | Match | 8.04 Bn | 7.01 Bn | 653.28 Mn | 33.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 19.10 Mn |
| Mar 31, 2019 | -30.69 Mn |
| Jun 30, 2018 | 2.39 Mn |
| Mar 31, 2018 | -13.51 Mn |
| Mar 31, 2017 | 1.07 Mn |