Shopify (SHOP) Tax Provisions (2024 - 2026)
Shopify (SHOP) reported Tax Provisions of $37 million for Q3 2026, down 15.9% from $44 million a year earlier and down 86.4% from the prior quarter.
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Analysis
Shopify (SHOP) Tax Provisions (2024 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Shopify's Tax Provisions came in at $406 million, up 58.0% 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.
- Five-year quarterly Tax Provisions spans a low of -$88 million in Q1 2025 and a high of $273 million in Q2 2026.
- Year over year, Tax Provisions gained in four of the last five quarters, with growth averaging 107.3%.
- Per Business Quant data, the three quarters before Q3 2026 came in at $273 million (Q2 2026), -$53 million (Q1 2026) and $149 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 5.89 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 3.14 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 652.98 Mn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | -1.89 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 37.00 Mn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 244.00 Mn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 305.03 Mn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 215.13 Mn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 706.00 Mn |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | -898.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 37.00 Mn |
| 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 |
API Access
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_KEYimport 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();