Shopify (SHOP) Current Taxes (2019 - 2022)
Shopify (SHOP) posted Current Taxes of $9.4 million for Q4 2022, down 30.47% on a QoQ basis from $13.5 million in Q4 2021, and down 30.47% year-over-year from $13.5 million in Q4 2021.
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Analysis
Shopify (SHOP) Current Taxes (2019 - 2022) Analysis & Trends
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn | - |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn | - |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn | 1.36 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn | - |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - | - |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn | 198.76 Mn |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn | - |
Historic Data
Download Data
Historic 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 |
API Access
Shopify Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "SHOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();