Shopify (SHOP) Tax Provisions (2024 - 2026)
Shopify (SHOP) reported Tax Provisions of $273 million for Q2 2026, up 57.8% from $173 million a year earlier.
Shopify (SHOP) Tax Provisions (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Shopify's Tax Provisions came in at $413 million, up 68.6% year-over-year; for FY2025, it came in at $278 million, up 33.0% from FY2024.
- By year, Tax Provisions came in at $209 million in FY2024 (+294.3%), $53 million in FY2023, -$163 million in FY2022 and $225.93 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Tax Provisions in data going back to Q1 2024.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$53 million (Q1 2026), $149 million (Q4 2025) and $44 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn | 26.56 Bn |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn | 2.91 Bn |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn | 667.17 Mn |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn | -1.89 Bn |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn | 273.00 Mn |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn | 840.00 Mn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - | 610.00 Mn |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn | -898.00 Mn |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn | 203.41 Mn |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn | 81.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 273.00 Mn |
| Mar 31, 2026 | -53.00 Mn |
| Dec 31, 2025 | 149.00 Mn |
| Sep 30, 2025 | 44.00 Mn |
| Jun 30, 2025 | 173.00 Mn |
| Mar 31, 2025 | -88.00 Mn |
| Dec 31, 2024 | 128.00 Mn |
| Sep 30, 2024 | 32.00 Mn |
| Jun 30, 2024 | 32.00 Mn |
| Mar 31, 2024 | 17.00 Mn |
Shopify Tax Provisions 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=tax-provisions&ticker=SHOP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();