Growth Metrics

Shopify (SHOP) Current Taxes (2019 - 2022)

Shopify's quarterly Current Taxes came in at $6.9 million in Q4 2022, down 35.43% year-on-year from $10.7 million in Q4 2021, and up 102.38% quarter-over-quarter from $3.4 million in Q3 2022.

Shopify has reported Current Taxes for 4 years, with the latest figure at $6.9 million in Q4 2022.

  • For the quarter ending Q4 2022, Current Taxes fell 35.43% year-over-year to $6.9 million; the trailing twelve-month figure through Dec 2022 stood at $6.9 million (down 35.43% YoY), and the FY2022 full-year result was $7.2 million, down 32.98% from the prior year.
  • Current Taxes for Q4 2022 stood at $6.9 million, up from $3.4 million in the prior quarter.
  • The five-year high for Current Taxes was $52.6 million in Q4 2019, with the low at $599588.5 in Q3 2020.
  • Average Current Taxes over 4 years is $15.5 million, with a median of $9.5 million recorded in 2021.
  • Year-over-year, Current Taxes tumbled 98.81% in 2020 and surged 3410.78% in 2021.
  • Tracing SHOP's Current Taxes over 4 years: stood at $52.6 million in 2019, then plunged by 71.3% to $15.1 million in 2020, then declined by 29.01% to $10.7 million in 2021, then sank by 35.43% to $6.9 million in 2022.
  • The last three Current Taxes figures came in at $6.9 million (Q4 2022), $3.4 million (Q3 2022), and $3.2 million (Q2 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 1.50 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn -
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn -
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 506.00 Mn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 372.20 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn -
10 Datadog 78.54 Bn 73.78 Bn 797.20 Mn -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2022 6.92 Mn
Sep 30, 2022 3.42 Mn
Jun 30, 2022 3.24 Mn
Mar 31, 2022 8.29 Mn
Dec 31, 2021 10.71 Mn
Sep 30, 2021 21.05 Mn
Jun 30, 2021 22.54 Mn
Mar 31, 2021 20.49 Mn
Dec 31, 2020 15.09 Mn
Sep 30, 2020 599,588.51
Jun 30, 2020 765,918.59
Mar 31, 2020 1.09 Mn
Dec 31, 2019 52.59 Mn
Sep 30, 2019 50.47 Mn