Shopify (SHOP) Tax Rate (2020 - 2025)
Historic Tax Rate for Shopify (SHOP) over the last 7 years, with Q3 2025 value amounting to 14.29%.
- Shopify's Tax Rate rose 105600.0% to 14.29% in Q3 2025 from the same period last year, while for Sep 2025 it was 12.61%, marking a year-over-year increase of 269800.0%. This contributed to the annual value of 9.38% for FY2024, which is 192700.0% down from last year.
- Latest data reveals that Shopify reported Tax Rate of 14.29% as of Q3 2025, which was up 105600.0% from 16.03% recorded in Q2 2025.
- Shopify's 5-year Tax Rate high stood at 16.03% for Q2 2025, and its period low was 24.02% during Q4 2021.
- For the 5-year period, Shopify's Tax Rate averaged around 0.3%, with its median value being 0.77% (2023).
- Examining YoY changes over the last 5 years, Shopify's Tax Rate showed a top increase of 396100bps in 2021 and a maximum decrease of -7285100bps in 2021.
- Quarter analysis of 5 years shows Shopify's Tax Rate stood at 24.02% in 2021, then skyrocketed by 106bps to 1.48% in 2022, then tumbled by -48bps to 0.77% in 2023, then skyrocketed by 1072bps to 9.01% in 2024, then skyrocketed by 59bps to 14.29% in 2025.
- Its last three reported values are 14.29% in Q3 2025, 16.03% for Q2 2025, and 11.43% during Q1 2025.