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

Spotify Technology (SPOT) posted Tax Rate of 23.05% for Q1 2026, up 253.83% sequentially from 14.99% in Q4 2025, and down 835.0% YoY from 3.14% in Q1 2025.

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

Spotify Technology (SPOT) has 10 years of Tax Rate data on file, last reported at 23.05% in Q1 2026.

  • Quarterly Tax Rate fell 835.0% year-over-year to 23.05% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.3% (down 1766.0% YoY) and the FY2025 annual result came in at 0.54%, down 1460.0% from the prior year.
  • Tax Rate climbed to 23.05% in Q1 2026 per SPOT's latest filing, from 14.99% in the prior quarter.
  • The five-year high for Tax Rate was 279.17% in Q2 2025, with the low at 38.89% in Q2 2022.
  • Average Tax Rate over 5 years is 19.87%, with a median of 7.22% recorded in 2022.
  • The widest YoY moves for Tax Rate: up 39472 bps in 2022, down 38889 bps in 2022.
  • Spotify Technology's Tax Rate stood at 7.22% in 2022, then surged by 545 bps to 46.56% in 2023, then slumped by 43 bps to 26.45% in 2024, then slumped by 157 bps to 14.99% in 2025, then surged by 254 bps to 23.05% in 2026.
  • Business Quant data shows SPOT's Tax Rate at 23.05% in Q1 2026, 14.99% in Q4 2025, and 8.71% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Spotify Technology 101.23 Bn 90.99 Bn 1.75 Bn 23.05%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.05
Mar 31, 2026 23.05
Dec 31, 2025 -14.99
Dec 31, 2025 -14.99
Sep 30, 2025 -8.71
Sep 30, 2025 -8.71
Jun 30, 2025 279.17
Jun 30, 2025 279.17
Mar 31, 2025 31.40
Mar 31, 2025 31.40
Dec 31, 2024 26.45
Dec 31, 2024 26.45
Sep 30, 2024 24.62
Sep 30, 2024 24.62
Jun 30, 2024 -1.48
Jun 30, 2024 -1.48
Mar 31, 2024 -13.22
Mar 31, 2024 -13.22
Dec 31, 2023 46.56
Dec 31, 2023 46.56