Shopify (SHOP) Current Taxes (2019 - 2022)
Shopify's (SHOP) quarterly Current Taxes came in at $9.4 million in Q4 2022, down 30.47% year-on-year from $13.5 million in Q4 2021, and down 30.47% quarter-over-quarter from $13.5 million in Q4 2021.
Shopify (SHOP) Current Taxes (2019 - 2022) Analysis & Trends
Shopify's Current Taxes history runs 4 years deep, the most recent figure standing at $9.4 million for Q4 2022.
- On a quarterly basis, Current Taxes fell 30.47% year-over-year to $9.4 million in Q4 2022; TTM through Dec 2022 was $9.4 million, a 30.47% decrease from a year earlier, with the FY2022 full-year figure at $9.4 million, down 30.47% from the prior year.
- Current Taxes retreated to $9.4 million in Q4 2022 per SHOP's latest filing, from $13.5 million in the prior quarter.
- Across five years, Current Taxes topped out at $69.4 million in Q4 2019 and bottomed at $9.4 million in Q4 2022.
- The 4-year median for Current Taxes is $16.6 million (2020), against an average of $28.0 million.
- Across the five-year window, Current Taxes slumped 71.66% in 2020 and slumped 30.47% in 2022, its largest moves.
- Year by year, Current Taxes stood at $69.4 million in 2019, then slumped by 71.66% to $19.7 million in 2020, then tumbled by 31.37% to $13.5 million in 2021, then slumped by 30.47% to $9.4 million in 2022.
- Per Business Quant, the three latest SHOP Current Taxes figures stand at $9.4 million (Q4 2022), $13.5 million (Q4 2021), and $19.7 million (Q4 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 1.50 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 70.96 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | - |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | - |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | - |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | - |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 372.20 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | - |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | - |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 9.39 Mn |
| Dec 31, 2021 | 13.51 Mn |
| Dec 31, 2020 | 19.68 Mn |
| Dec 31, 2019 | 69.43 Mn |