Spotify Technology (SPOT) Tax Rate (2017 - 2019)

Spotify Technology's (SPOT) quarterly Tax Rate came in at 28.81% in Q2 2019, down 2830.0% year-on-year from 1.06% in Q2 2018, and down 280.35% quarter-over-quarter from 15.98% in Q1 2019.

Spotify Technology (SPOT) Tax Rate (2017 - 2019) Analysis & Trends

Spotify Technology has disclosed Tax Rate across 3 years of filings, most recently posting 28.81% for Q2 2019.

  • Tax Rate for Q2 2019 came in at 28.81%, down 2830.0% year-over-year; the trailing twelve-month figure through Jun 2019 was 11.63% (changed N/A YoY), and the FY2025 annual result was 0.54%, down 1460.0% from the prior year.
  • Tax Rate came in at 28.81% for Q2 2019 at Spotify Technology, down from 15.98% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 15.98% in Q1 2019 to a low of 28.81% in Q2 2019.
  • The 3-year median for Tax Rate is 0.51% (2018), against an average of 1.56%.
  • Peak annual rise in Tax Rate reached 987 bps in 2019, while the deepest fall reached 2830 bps in 2019.
  • Spotify Technology's Tax Rate stood at 0.58% in 2017, then climbed by 12 bps to 0.51% in 2018, then plunged by 5547 bps to 28.81% in 2019.
  • The last three Tax Rate figures came in at 28.81% (Q2 2019), 15.98% (Q1 2019), and 0.51% (Q2 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -0.94
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 19.16
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn -23.08
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn -
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 0.85
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn -15.89
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn -20.98
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 16.81
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -3.73
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 4.17

Historic Data

Download Data
DateValue
Jun 30, 2019 -28.81%
Jun 30, 2019 -28.81%
Mar 31, 2019 15.98%
Mar 31, 2019 15.98%
Jun 30, 2018 -0.51%
Jun 30, 2018 -0.51%
Mar 31, 2018 6.11%
Mar 31, 2018 6.11%
Mar 31, 2017 -0.58%
Mar 31, 2017 -0.58%