Sprout Social (SPT) Tax Rate (2019 - 2026)
Sprout Social (SPT) reported Tax Rate of 6.94% for Q1 2026, down 483.0% year-over-year from 1.81% in Q1 2025, and down 372.09% quarter-over-quarter 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.
- Tax Rate for Q1 2026 came in at 6.94%, down 483.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.04% (down 28.0% YoY), and the FY2025 annual result was 1.37%, down 28.0% from the prior year.
- Tax Rate fell to 6.94% in Q1 2026 per SPT's latest filing, from 2.55% in the prior quarter.
- Over five years, Tax Rate peaked at 4.08% in Q3 2023 and troughed at 7.51% in Q4 2023.
- A 5-year average of 1.46% and a median of 0.96% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 659 bps in 2023, then surged 508 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 0.92% in 2022, then tumbled 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 slumped by 372 bps to 6.94% in 2026.
- Business Quant data shows SPT's Tax Rate at 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Sprout Social | 424.18 Mn | 312.56 Mn | 93.51 Mn | -6.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.94% |
| Mar 31, 2026 | -6.94% |
| Dec 31, 2025 | 2.55% |
| Dec 31, 2025 | 2.55% |
| Sep 30, 2025 | -0.80% |
| Sep 30, 2025 | -0.80% |
| Jun 30, 2025 | -4.93% |
| Jun 30, 2025 | -4.93% |
| Mar 31, 2025 | -2.10% |
| Mar 31, 2025 | -2.10% |
| Dec 31, 2024 | -2.43% |
| Dec 31, 2024 | -2.43% |
| Sep 30, 2024 | -1.51% |
| Sep 30, 2024 | -1.51% |
| Jun 30, 2024 | -1.22% |
| Jun 30, 2024 | -1.22% |
| Mar 31, 2024 | 0.94% |
| Mar 31, 2024 | 0.94% |
| Dec 31, 2023 | -7.51% |
| Dec 31, 2023 | -7.51% |