Shopify (SHOP) Tax Rate (2024 - 2026)

Shopify has reported Tax Rate for 3 years, with the latest figure at 15.38% in Q2 2026.

• On a quarterly basis, Tax Rate fell 65.0% year-over-year to 15.38% in Q2 2026; TTM through Jun 2026 was 17.64%, a 818.0% increase from a year earlier, with the FY2025 full-year figure at 18.42%, up 904.0% from the prior year.
• Tax Rate was 15.38% for Q2 2026 at Shopify, up from 8.36% in the prior quarter.
• The five-year high for Tax Rate was 16.7% in Q4 2025, with the low at 6.64% in Q1 2024.
• Average Tax Rate over 3 years is 10.4%, with a median of 12.86% recorded in 2025.
• The sharpest annual moves came in 2025 and 2026: Tax Rate soared 1807 bps in 2025, then slumped 307 bps in 2026.
• Over 3 years, Tax Rate stood at 9.01% in 2024, then surged by 85 bps to 16.7% in 2025, then retreated by 8 bps to 15.38% in 2026.
• The last three Tax Rate figures came in at 15.38% (Q2 2026), 8.36% (Q1 2026), and 16.7% (Q4 2025), per Business Quant data.