Spotify Technology (SPOT) Tax Rate (2018 - 2026)
Spotify Technology's Tax Rate was 26.52% in Q3 2026, up 2.22 percentage points from the prior quarter.
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Analysis
Spotify Technology (SPOT) Tax Rate (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Spotify Technology's Tax Rate was 12.54% through Sep 30, 2026, down 4.14 percentage points year-over-year; for FY2025, it came in at 0.54%, down 14.60 percentage points from FY2024.
- Tax Rate shows a four-year change of -113.12 percentage points (FY2021 to FY2025).
- In earlier years, Tax Rate was 15.14% in FY2024 and 113.65% in FY2021.
- The Q3 2026 figure marks the highest quarterly Tax Rate since Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,394.62 Bn | 3,078.49 Bn | - | - |
| 2 | Meta Platforms | 1,562.01 Bn | 1,562.01 Bn | - | - |
| 3 | Netflix | 255.92 Bn | 217.22 Bn | 6.80 Bn | 15.13% |
| 4 | Alibaba Group Holding | 227.02 Bn | 40.65 Bn | 15.16 Bn | - |
| 5 | Shopify | 203.21 Bn | 180.40 Bn | 1.71 Bn | 15.38% |
| 6 | Uber Technologies | 132.34 Bn | 104.14 Bn | 6.38 Bn | 25.63% |
| 7 | Spotify Technology | 121.64 Bn | 78.55 Bn | 1.89 Bn | 26.52% |
| 8 | Booking Holdings | 113.63 Bn | 46.68 Bn | - | 23.83% |
| 9 | PDD Holdings | 109.85 Bn | -134.20 Bn | 9.48 Bn | - |
| 10 | Airbnb | 97.28 Bn | 50.51 Bn | 2.98 Bn | 9.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.52% |
| Jun 30, 2026 | 24.31% |
| Mar 31, 2026 | 23.05% |
| Jun 30, 2025 | 279.17% |
| Mar 31, 2025 | 31.40% |
| Dec 31, 2024 | 26.45% |
| Sep 30, 2024 | 24.62% |
| Sep 30, 2023 | 10.96% |
| Mar 31, 2022 | 15.48% |
| Sep 30, 2021 | 98.77% |
| Jun 30, 2021 | 350.00% |
| Mar 31, 2021 | 73.56% |
| Mar 31, 2020 | 97.56% |
| Sep 30, 2019 | 10.74% |
| Dec 31, 2018 | 8.11% |
API Access
Spotify Technology Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SPOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();