Spotify Technology (SPOT) Tax Rate (2018 - 2026)
Spotify Technology's Tax Rate was 24.31% in the quarter ended Jun 30, 2026, down 254.86 percentage points from 279.17% a year earlier but up 1.25 percentage points from the prior quarter.
Spotify Technology (SPOT) Tax Rate (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Spotify Technology's Tax Rate was 4.74% through Jun 30, 2026, down 32.40 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 0.54%, down 14.60 percentage points from the prior year.
- Tax Rate shows a five-year change of -17.51 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Tax Rate was 15.14% in the year ended Dec 31, 2024 (+20.48 pp), -5.35% in the year ended Dec 31, 2023 (+10.87 pp), -16.22% in the year ended Dec 31, 2022 (-129.87 pp) and 113.65% in the year ended Dec 31, 2021 (+95.60 pp).
- Quarterly Tax Rate has moved between -387.50% (the quarter ended Dec 31, 2021) and 279.17% (the quarter ended Jun 30, 2025) over five years.
- Compared with a year earlier, Tax Rate has declined for four straight quarters, with an average year-over-year change of -2.39 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was the quarter ended Dec 31, 2022 (a gain of 394.72 percentage points); the worst was the quarter ended Dec 31, 2021 (a drop of 417.67 percentage points).
- Per Business Quant data, SPOT's Tax Rate in the three quarters before the quarter ended Jun 30, 2026 was 23.05% (quarter ended Mar 31, 2026), -14.99% (quarter ended Dec 31, 2025) and -8.71% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 19.14% |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | 15.50% |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 16.40% |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | - |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | 15.38% |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 25.63% |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 23.83% |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 24.31% |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | 9.03% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.31% |
| Mar 31, 2026 | 23.05% |
| Jun 30, 2025 | 279.17% |
| Mar 31, 2025 | 31.40% |
| Dec 31, 2024 | 26.45% |
| Sep 30, 2024 | 24.62% |
| Sep 30, 2023 | 10.96% |
| Mar 31, 2022 | 15.48% |
| Sep 30, 2021 | 98.77% |
| Jun 30, 2021 | 350.00% |
| Mar 31, 2021 | 73.56% |
| Mar 31, 2020 | 97.56% |
| Sep 30, 2019 | 10.74% |
| Dec 31, 2018 | 8.11% |
Spotify Technology Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SPOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();