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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 1.75 Mn
6 Pinterest 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
DateValue
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