It is another blow to Australia's ailing music industry with Falls Festival and Groovin the Moo among other festivals to have canned events in recent years, while Bluesfest has confirmed its 2025 edition in April will be its last.
More than 25 music festivals across Australia have been cancelled since 2022 - nine of them in NSW, according to data from the Australian Festival Association.
View this post on Instagram A post shared by Splendour in the Grass (@splendourinthegrass)
Splendour in the Grass, which is held near Byron Bay in Northern NSW, has been previously staged over three days in July.
The organisers also cancelled last year's event, with a post on Thursday announcing the popular festival wouldn't return in 2025.
"Sorry it's been so quiet around here, but we had a little holiday … finally," a social media post said.
"The rest of the festival team have still been busy cooking up some awesome new things for music lovers in Australia, but Splendour needs a little more time to recharge and we won't be back in 2025.
"Think of it as a breather so we can come back even bigger and better when the time is right."
Splendour also did not take place in 2020 and 2021 due to the COVID-19 pandemic.
Festival organiser Secret Sounds is majority-owned by global entertainment giant Live Nation.
Splendour in the Grass organisers had to apologise to patrons after the 2022 event when punters became stranded and bogged as the festival was held in extreme weather.