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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |