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

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.