Sprout Social (SPT) Tax Rate (2019 - 2026)

Sprout Social's (SPT) quarterly Tax Rate came in at 6.94% in Q1 2026, down 483.0% year-on-year from 1.81% in Q1 2025, and down 372.09% on a QoQ basis from 2.55% in Q4 2025.

Sprout Social (SPT) Tax Rate (2019 - 2026) Analysis & Trends

Sprout Social (SPT) has 8 years of Tax Rate data on file, last reported at 6.94% in Q1 2026.

  • On a quarterly basis, Tax Rate fell 483.0% year-over-year to 6.94% in Q1 2026; TTM through Mar 2026 was 2.04%, a 28.0% decrease from a year earlier, with the FY2025 full-year figure at 1.37%, down 28.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 6.94%, down from 2.55% in the prior quarter.
  • Over the last five years, Tax Rate for SPT reached as high as 4.08% in Q3 2023 and fell as low as 7.51% in Q4 2023.
  • Historically, Tax Rate has averaged 1.46% across 5 years, with a median of 0.96% in 2023.
  • Across the five-year window, Tax Rate tumbled 659 bps in 2023 and soared 508 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 0.92% in 2022, then plunged by 715 bps to 7.51% in 2023, then surged by 68 bps to 2.43% in 2024, then surged by 205 bps to 2.55% in 2025, then tumbled by 372 bps to 6.94% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 6.94% in Q1 2026, 2.55% in Q4 2025, and 0.8% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Sprout Social 65.75 Mn -45.87 Mn 93.51 Mn -6.94%

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.94%
Mar 31, 2026 -6.94%
Mar 31, 2026 -6.94%
Dec 31, 2025 2.55%
Dec 31, 2025 2.55%
Dec 31, 2025 2.55%
Sep 30, 2025 -0.80%
Sep 30, 2025 -0.80%
Sep 30, 2025 -0.80%
Jun 30, 2025 -4.93%
Jun 30, 2025 -4.93%
Jun 30, 2025 -4.93%
Mar 31, 2025 -2.10%
Mar 31, 2025 -2.10%
Mar 31, 2025 -2.10%
Dec 31, 2024 -2.43%
Dec 31, 2024 -2.43%
Dec 31, 2024 -2.43%
Sep 30, 2024 -1.51%
Sep 30, 2024 -1.51%