Shopify (SHOP) Current Taxes (2019 - 2022)

Shopify (SHOP) posted quarterly Current Taxes of $9.4 million for Q4 2022, down 30.47% year-over-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.

  • In Q4 2022, Current Taxes fell 30.47% year-over-year to $9.4 million; the TTM figure through Dec 2022 stood at $9.4 million (down 30.47% YoY), while the FY2022 annual figure was $9.4 million, down 30.47% from the prior year.
  • Current Taxes for Q4 2022 stood at $9.4 million, 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.
  • The 4-year median for Current Taxes is $16.6 million (2020), against an average of $28.0 million.
  • The sharpest annual moves came in 2020 and 2022: Current Taxes sank 71.66% in 2020, then sank 30.47% in 2022.
  • Shopify's 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.
  • Business Quant data shows SHOP's Current Taxes at $9.4 million in Q4 2022, $13.5 million in Q4 2021, and $19.7 million in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 1.58 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn -
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn -
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn -
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn -
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 110.30 Mn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 38.00 Mn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn -
10 Datadog 91.70 Bn 86.71 Bn 881.34 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