Shopify SHOP
NASDAQ SHOP
$148.91 +5.16 (+3.59%)
At close: Nov 6, 2026 · 4:00 PM EST

Shopify (SHOP) Current Taxes (2019 - 2022)

Updated

Shopify's Current Taxes was $9.39 million in Q4 2022, down 30.5% from $13.51 million a year earlier.

Analysis

Shopify (SHOP) Current Taxes (2019 - 2022) Analysis & Trends

From Q4 2019 onward, Shopify has reported Current Taxes for 4 quarters.

  • Current Taxes has now declined for three consecutive years, with a three-year compound annual growth rate of -48.7% (FY2019 to FY2022).
  • In earlier years, Current Taxes was $13.51 million in FY2021 (-31.4%), $19.68 million in FY2020 (-71.7%) and $69.43 million in FY2019.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Alphabet 3,462.85 Bn 3,197.75 Bn 76.16 Bn -
2 Meta Platforms 1,559.43 Bn 1,223.94 Bn 51.23 Bn -
3 Netflix 262.12 Bn 223.42 Bn 6.80 Bn -
4 Alibaba Group Holding 253.57 Bn 67.20 Bn 15.16 Bn 1.36 Bn
5 Shopify 191.77 Bn 170.57 Bn 1.78 Bn -
6 Uber Technologies 139.89 Bn 110.71 Bn 6.42 Bn -
7 AppLovin 130.31 Bn 118.84 Bn 1.94 Bn -
8 Spotify Technology 123.80 Bn 80.72 Bn 1.89 Bn 217.74 Mn
9 Booking Holdings 120.61 Bn 54.35 Bn - -
10 PDD Holdings 116.11 Bn -127.94 Bn 9.48 Bn -
Historic Data

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
API Access

Shopify Current Taxes API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=current-taxes&ticker=SHOP&period=max&api_key=YOUR_API_KEY