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SHOPIFY INC. Income Tax Expense 2013-2026 | SHOP

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What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is SHOPIFY INC.'s current income tax expense?

SHOPIFY INC. (SHOP) annual income tax expense for 2025 was $278.0M, a 33.01% increase from 2024. SHOPIFY INC. income tax expense for the quarter ending March 31, 2026 was $-53.0M.

What was SHOPIFY INC.'s income tax expense in 2024?

SHOPIFY INC. annual income tax expense for 2024 was $209.0M, a 294.34% increase from 2023.

What was SHOPIFY INC.'s income tax expense in 2023?

SHOPIFY INC. annual income tax expense for 2023 was $53.0M, a 132.52% increase from 2022.

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGRN/A
FY2020
$-79.1M
→
FY2025
$278.0M
13141516171819202122232425
5 years selected
Income Tax Expense History
PeriodValueChangeSource
FY2025$278.0M+33.0%10-K
FY2024$209.0M+294.3%10-K
FY2023$53.0M+132.5%10-K
FY2022$-163.0M-172.1%10-K
FY2021$225.9M+385.5%10-K
FY2020$-79.1M-372.7%10-K
FY2019$29.0M-10-K
FY2018$0-10-K
FY2017$0-10-K
FY2016$0-10-K
FY2015$0-10-K
FY2014$0-10-K
FY2013$0-10-K
Company: SHOPIFY INC.Ticker: SHOPSector: TechnologyIndustry: Services-Prepackaged SoftwareView company profile →