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 has reported Tax Rate for 10 years, with the latest figure 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.
- Over five years, Tax Rate peaked at 279.17% in Q2 2025 and troughed at 38.89% in Q2 2022.
- A 5-year average of 19.87% and a median of 7.22% in 2022 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 39472 bps in 2022, down 38889 bps in 2022.
- Over 5 years, Tax Rate stood at 7.22% in 2022, then jumped by 545 bps to 46.56% in 2023, then sank by 43 bps to 26.45% in 2024, then sank by 157 bps to 14.99% in 2025, then jumped by 254 bps to 23.05% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.05%, 14.99%, and 8.71% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.61 Bn | 3,751.58 Bn | 73.85 Bn | 19.14% |
| 2 | Meta Platforms | 1,534.26 Bn | 1,444.00 Bn | 49.47 Bn | 15.50% |
| 3 | Taboola.com | 1,137.67 Bn | 1,137.54 Bn | 139.48 Mn | 40.80% |
| 4 | Baidu | 288.74 Bn | 284.25 Bn | 1.88 Mn | 13.72% |
| 5 | Spotify Technology | 103.09 Bn | 92.85 Bn | 1.75 Bn | 23.05% |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | -3.36% |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 21.00% |
| 8 | Nebius | 49.28 Bn | 39.66 Bn | 295.20 Mn | - |
| 9 | 30.25 Bn | 27.47 Bn | 734.60 Mn | 1.55% | |
| 10 | Tencent Music Entertainment | 26.98 Bn | 24.28 Bn | 514.00 Mn | -17.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.05% |
| Mar 31, 2026 | 23.05% |
| Mar 31, 2026 | 23.05% |
| Dec 31, 2025 | -14.99% |
| Dec 31, 2025 | -14.99% |
| Dec 31, 2025 | -14.99% |
| Sep 30, 2025 | -8.71% |
| Sep 30, 2025 | -8.71% |
| Sep 30, 2025 | -8.71% |
| Jun 30, 2025 | 279.17% |
| Jun 30, 2025 | 279.17% |
| Jun 30, 2025 | 279.17% |
| Mar 31, 2025 | 31.40% |
| Mar 31, 2025 | 31.40% |
| Mar 31, 2025 | 31.40% |
| Dec 31, 2024 | 26.45% |
| Dec 31, 2024 | 26.45% |
| Dec 31, 2024 | 26.45% |
| Sep 30, 2024 | 24.62% |
| Sep 30, 2024 | 24.62% |