Shopify (SHOP) Change in Taxes (2019 - 2022)

Shopify has reported Change in Taxes for 4 years, with the latest figure at $10.1 million in Q4 2022.

• For the quarter ending Q4 2022, Change in Taxes fell 59.74% year-over-year to $10.1 million; the trailing twelve-month figure through Dec 2022 stood at -$4.8 million (down 113.47% YoY), and the FY2022 full-year result was -$3.0 million, down 108.39% from the prior year.
• Change in Taxes for Q4 2022 stood at $10.1 million, up from $1.1 million in the prior quarter.
• The five-year high for Change in Taxes was $28.3 million in Q4 2020, with the low at -$67.4 million in Q1 2020.
• Average Change in Taxes over 4 years is -$3.2 million, with a median of $1.1 million recorded in 2022.
• Year-over-year, Change in Taxes jumped 1079.7% in 2020 and sank 392.18% in 2022.
• Tracing SHOP's Change in Taxes over 4 years: stood at $2.4 million in 2019, then soared by 1079.7% to $28.3 million in 2020, then decreased by 11.11% to $25.1 million in 2021, then sank by 59.74% to $10.1 million in 2022.
• The last three Change in Taxes figures came in at $10.1 million (Q4 2022), $1.1 million (Q3 2022), and -$11.1 million (Q2 2022), per Business Quant data.

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