Shopify (SHOP) Current Taxes (2019 - 2022)

Shopify has reported Current Taxes for 4 years, with the latest figure at $9.4 million in 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 was $9.4 million for Q4 2022 at Shopify, down from $13.5 million in the prior quarter.
• The five-year high for Current Taxes was $69.4 million in Q4 2019, with the low at $9.4 million in Q4 2022.
• Average Current Taxes over 4 years is $28.0 million, with a median of $16.6 million recorded in 2020.
• The sharpest annual moves came in 2020 and 2022: Current Taxes sank 71.66% in 2020, then sank 30.47% in 2022.
• Over 4 years, Current Taxes stood at $69.4 million in 2019, then tumbled by 71.66% to $19.7 million in 2020, then plunged by 31.37% to $13.5 million in 2021, then tumbled by 30.47% to $9.4 million in 2022.
• The last three Current Taxes figures came in at $9.4 million (Q4 2022), $13.5 million (Q4 2021), and $19.7 million (Q4 2020), per Business Quant data.