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