Spotify Technology S.A. (SPOT) Tax Rate: 0.54%
Is Spotify Technology S.A.’s tax rate high or low?
Spotify Technology S.A.'s tax rate of 0.54% is 97% below its 5-year average of 20.97%, near the low end of its 5-year range (-16.22%–113.65%).
The tax rate for Spotify Technology S.A. (SPOT) is 0.54%. It is below its 12-month average by 93.11% (7.84%).
SPOT Tax Rate Chart
SPOT Average Tax Rate Chart
SPOT Current vs Average Tax Rate Chart
SPOT Tax Rate Metrics
TAX RATE
0.54%
TAX RATE AVG TTM
7.84%
TAX RATE AVG 3Y
-1.47%
TAX RATE AVG 5Y
20.97%
TAX RATE AVG 10Y
12.33%
TAX RATE AVG 15Y
12.33%
TAX RATE AVG 20Y
12.33%
CURRENT VS TTM AVG
-93.11%
CURRENT VS 3Y AVG
+136.67%
CURRENT VS 5Y AVG
-97.42%
CURRENT VS 10Y AVG
-95.62%
CURRENT VS 15Y AVG
-95.62%
CURRENT VS 20Y AVG
-95.62%
Spotify Technology S.A. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Spotify Technology S.A. Tax Rate FAQ
- What is the tax rate for Spotify Technology S.A. (SPOT)?
- The tax rate for SPOT stock is 0.54%.
- Is Spotify Technology S.A.'s tax rate high or low?
- Spotify Technology S.A.'s tax rate of 0.54% is 97% below its 5-year average of 20.97%, near the low end of its 5-year range (-16.22%–113.65%).
- What is the TTM average tax rate for Spotify Technology S.A. (SPOT)?
- The TTM average tax rate for SPOT stock is 7.84%.
- What is the 3Y average tax rate for Spotify Technology S.A. (SPOT)?
- The 3Y average tax rate for SPOT stock is -1.47%.
- What is the 5Y average tax rate for Spotify Technology S.A. (SPOT)?
- The 5Y average tax rate for SPOT stock is 20.97%.
- What is the 10Y average tax rate for Spotify Technology S.A. (SPOT)?
- The 10Y average tax rate for SPOT stock is 12.33%.
- What is the 15Y average tax rate for Spotify Technology S.A. (SPOT)?
- The 15Y average tax rate for SPOT stock is 12.33%.
- What is the 20Y average tax rate for Spotify Technology S.A. (SPOT)?
- The 20Y average tax rate for SPOT stock is 12.33%.
Spotify Technology S.A. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 0.54% |
| 2024-12-31 | 15.14% |
| 2023-12-31 | -5.35% |
| 2022-12-31 | -16.22% |
| 2021-12-31 | 113.65% |
| 2020-12-31 | 18.05% |
| 2019-12-31 | -41.98% |
| 2018-12-31 | 54.91% |
| 2017-12-31 | -0.16% |
| 2016-12-31 | -0.75% |
| 2015-12-31 | -2.22% |
Related Metrics
About Spotify Technology S.A.
Spotify Technology S.A., through its various entities, functions as a global provider of audio streaming services. Its operational model is split into two distinct segments: Premium and Ad-Supported. The Premium segment caters to subscribers by granting them uninterrupted, ad-free access to its extensive catalog of music and podcasts, available for both online and offline consumption. Conversely, the Ad-Supported segment delivers online, on-demand music streaming and unlimited podcast access to users, facilitated by advertisements and available across computers, tablets, and various mobile devices. Beyond its core streaming offerings, Spotify also manages functions like sales, marketing, outsourced research and development, and comprehensive customer support. By the end of 2021 (December 31), the platform had amassed a significant global user base, comprising 406 million monthly active users and 180 million premium subscribers spanning 184 nations and regions. Incorporated in 2006, the firm's corporate headquarters are situated in Luxembourg, Luxembourg.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- CEO
- Alex Norström