Shopify (SHOP) Current Taxes (2019 - 2022)

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 was $9.4 million for Q4 2022 at Shopify, down from $13.5 million in the prior quarter.
• In the past five years, Current Taxes ranged from a high of $69.4 million in Q4 2019 to a low of $9.4 million in Q4 2022.
• Historically, Current Taxes has averaged $28.0 million across 4 years, with a median of $16.6 million in 2020.
• The sharpest annual moves came in 2020 and 2022: Current Taxes slumped 71.66% in 2020, then slumped 30.47% in 2022.
• A 4-year view of Current Taxes shows it stood at $69.4 million in 2019, then plunged by 71.66% to $19.7 million in 2020, then sank by 31.37% to $13.5 million in 2021, then plunged 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.