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
DateValue
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%