Shopify SHOP
NASDAQ SHOP
$145.09 -0.79 (-0.54%)
At close: Sep 4, 2026 · 4:00 PM EDT

Shopify (SHOP) Tax Provisions (2024 - 2026)

Shopify (SHOP) posted Tax Provisions of $273.0 million for Q2 2026, up 615.09% on a QoQ basis from -$53.0 million in Q1 2026, and up 57.8% year-over-year from $173.0 million in Q2 2025.

Analysis

Shopify (SHOP) Tax Provisions (2024 - 2026) Analysis & Trends

Shopify has reported Tax Provisions for 3 years, with the latest figure at $273.0 million in Q2 2026.

  • On a quarterly basis, Tax Provisions rose 57.8% year-over-year to $273.0 million in Q2 2026; TTM through Jun 2026 was $413.0 million, a 68.57% increase from a year earlier, with the FY2025 full-year figure at $278.0 million, up 33.01% from the prior year.
  • Tax Provisions was $273.0 million for Q2 2026 at Shopify, up from -$53.0 million in the prior quarter.
  • The five-year high for Tax Provisions was $273.0 million in Q2 2026, with the low at -$88.0 million in Q1 2025.
  • Average Tax Provisions over 3 years is $70.7 million, with a median of $38.0 million recorded in 2024.
  • The largest YoY upside for Tax Provisions was 440.62% in 2025 against a maximum downside of 617.65% in 2025.
  • Over 3 years, Tax Provisions stood at $128.0 million in 2024, then gained by 16.41% to $149.0 million in 2025, then jumped by 83.22% to $273.0 million in 2026.
  • The last three Tax Provisions figures came in at $273.0 million (Q2 2026), -$53.0 million (Q1 2026), and $149.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Shopify 187.92 Bn 182.98 Bn 1.71 Bn 273.00 Mn
2 Global-E Online 6.49 Bn 6.13 Bn 131.87 Mn 1.67 Mn
3 Vtex 624.51 Mn 438.62 Mn 51.71 Mn -1.30 Mn
4 Rezolve Ai 359.91 Mn 248.80 Mn - -
5 Commerce.com 212.95 Mn 56.62 Mn 63.53 Mn 204,000.00
6 Baozun 154.04 Mn -65.26 Mn 302.56 Mn -3.79 Mn
7 BeLive Holdings 23.36 Mn 16.74 Mn - -
8 Paid 20.26 Mn 19.18 Mn 1.22 Mn -
9 Caro Holdings 11.71 Mn 11.71 Mn - -
10 My Size 1.36 Mn 650,132.45 973,000.00 -
Historic Data

Historic Data

Download Data
DateValue
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