Spotify Technology SPOT
NYSE SPOT
$509.77 -19.08 (-3.61%)
At close: Sep 18, 2026 · 4:00 PM EDT

Spotify Technology (SPOT) Tax Rate (2017 - 2026)

Spotify Technology's (SPOT) quarterly Tax Rate came in at 24.31% in Q2 2026, down 25486.0% year-over-year from N/an in Q2 2025, and up 5.44% quarter-over-quarter from 23.05% in Q1 2026.

Analysis

Spotify Technology (SPOT) Tax Rate (2017 - 2026) Analysis & Trends

Spotify Technology has disclosed Tax Rate across 10 years of filings, most recently posting 24.31% for Q2 2026.

  • In Q2 2026, Tax Rate fell 25486.0% year-over-year to 24.31%; the TTM figure through Jun 2026 stood at 4.74% (down 3240.0% YoY), while the FY2025 annual figure was 0.54%, down 1460.0% from the prior year.
  • Tax Rate came in at 24.31% for Q2 2026 at Spotify Technology, up from 23.05% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 279.17% in Q2 2025 to a low of 38.89% in Q2 2022.
  • Average Tax Rate over 5 years is 20.12%, with a median of 9.09% recorded in 2022.
  • The largest YoY upside for Tax Rate was 39472 bps in 2022 against a maximum downside of 38889 bps in 2022.
  • Over 5 years, Tax Rate stood at 7.22% in 2022, then surged by 545 bps to 46.56% in 2023, then tumbled by 43 bps to 26.45% in 2024, then tumbled by 157 bps to 14.99% in 2025, then surged by 262 bps to 24.31% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 24.31% in Q2 2026, 23.05% in Q1 2026, and 14.99% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Netflix 298.93 Bn 289.80 Bn 6.52 Bn 16.40%
2 Spotify Technology 104.93 Bn 94.01 Bn 1.86 Bn 24.31%
3 Tencent Music Entertainment 12.20 Bn 9.10 Bn 582.00 Mn -16.81%
4 FuboTV 1.09 Bn 3.01 Bn 399.10 Mn 0.66%
5 iQIYI 974.56 Mn 490.38 Mn 152.37 Mn 199.35%
6 Huya 920.96 Mn 560.70 Mn 37.58 Mn -116.02%
7 Mega Matrix 211.73 Mn 204.42 Mn 3.03 Mn 0.00%
8 Kaltura 203.35 Mn 172.05 Mn 34.54 Mn -79.71%
9 CuriosityStream 164.31 Mn 115.92 Mn 16.93 Mn 4.66%
10 Cineverse 50.40 Mn 46.08 Mn 10.66 Mn -0.34%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 24.31%
Mar 31, 2026 23.05%
Dec 31, 2025 -14.99%
Sep 30, 2025 -8.71%
Jun 30, 2025 279.17%
Mar 31, 2025 31.40%
Dec 31, 2024 26.45%
Sep 30, 2024 24.62%
Jun 30, 2024 -1.48%
Mar 31, 2024 -13.22%
Dec 31, 2023 46.56%
Sep 30, 2023 10.96%
Jun 30, 2023 -25.31%
Mar 31, 2023 -9.22%
Dec 31, 2022 7.22%
Sep 30, 2022 -15.28%
Jun 30, 2022 -38.89%
Mar 31, 2022 15.48%
Dec 31, 2021 -387.50%
Sep 30, 2021 98.77%