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| 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 |