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% on a QoQ basis from 2.55% in Q4 2025.
Sprout Social (SPT) has 8 years of Tax Rate data on file, last reported at 6.94% in Q1 2026.
- Quarterly Tax Rate fell 483.0% year-over-year to 6.94% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.04% (down 28.0% YoY) and the FY2025 annual result came in at 1.37%, down 28.0% from the prior year.
- Tax Rate retreated to 6.94% in Q1 2026 per SPT's latest filing, from 2.55% in the prior quarter.
- Across five years, Tax Rate topped out at 4.08% in Q3 2023 and bottomed at 7.51% in Q4 2023.
- The 5-year median for Tax Rate is 0.96% (2023), against an average of 1.46%.
- The widest annual swing landed in 2023, when Tax Rate tumbled 659 bps; it then soared 508 bps in 2024.
- Tracing SPT's Tax Rate over 5 years: stood at 0.92% in 2022, then sank by 715 bps to 7.51% in 2023, then soared by 68 bps to 2.43% in 2024, then soared by 205 bps to 2.55% in 2025, then plunged by 372 bps to 6.94% in 2026.
- Per Business Quant, the three latest SPT Tax Rate figures stand at 6.94% (Q1 2026), 2.55% (Q4 2025), and 0.8% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Sprout Social | 409.76 Mn | 298.14 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 |
| Sep 30, 2023 | 4.08 |
| Sep 30, 2023 | 4.08 |
| Jun 30, 2023 | -0.96 |
| Jun 30, 2023 | -0.96 |
| Mar 31, 2023 | -1.00 |
| Mar 31, 2023 | -1.00 |
| Dec 31, 2022 | -0.92 |
| Dec 31, 2022 | -0.92 |
| Sep 30, 2022 | -0.63 |
| Sep 30, 2022 | -0.63 |
| Jun 30, 2022 | -0.55 |
| Jun 30, 2022 | -0.55 |
| Mar 31, 2022 | -0.93 |
| Mar 31, 2022 | -0.93 |
| Dec 31, 2021 | -0.76 |
| Dec 31, 2021 | -0.76 |
| Sep 30, 2021 | -0.92 |
| Sep 30, 2021 | -0.92 |
| Jun 30, 2021 | -1.17 |
| Jun 30, 2021 | -1.17 |
| Mar 31, 2021 | -0.14 |
| Mar 31, 2021 | -0.14 |
| Dec 31, 2020 | -0.94 |
| Dec 31, 2020 | -0.94 |
| Sep 30, 2020 | -0.73 |
| Sep 30, 2020 | -0.73 |
| Jun 30, 2020 | -0.22 |
| Jun 30, 2020 | -0.22 |
| Mar 31, 2020 | -0.03 |
| Mar 31, 2020 | -0.03 |
| Dec 31, 2019 | -0.07 |
| Dec 31, 2019 | -0.07 |
| Sep 30, 2019 | -0.38 |
| Sep 30, 2019 | -0.38 |
| Jun 30, 2019 | -0.18 |
| Jun 30, 2019 | -0.18 |
| Mar 31, 2019 | -0.21 |
| Mar 31, 2019 | -0.21 |