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
DateValue
Dec 31, 2022 9.39 Mn
Dec 31, 2021 13.51 Mn
Dec 31, 2020 19.68 Mn
Dec 31, 2019 69.43 Mn