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| Date | Value |
|---|---|
| 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 |