Sprout Social (SPT) Tax Rate (2019 - 2026)
Sprout Social (SPT) posted quarterly 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 reported Tax Rate for 8 consecutive years, with 6.94% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 483.0% year-over-year to 6.94%; the TTM figure through Mar 2026 stood at 2.04% (down 28.0% YoY), while the FY2025 annual figure was 1.37%, down 28.0% from the prior year.
- Tax Rate eased 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.
- Historically, Tax Rate has averaged 1.46% across 5 years, with a median of 0.96% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate sank 659 bps — and 2024, when it surged 508 bps.
- Sprout Social's Tax Rate stood at 0.92% in 2022, then plunged 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 tumbled 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 | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Sprout Social | 599.18 Mn | 479.25 Mn | 96.09 Mn | -12.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -12.94% |
| Jun 30, 2026 | -12.94% |
| Jun 30, 2026 | -12.94% |
| 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% |