Shopify Inc.
SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
$156.22−1.27 (-0.81%)
Close on Nov 2, 2026Market cap $201.00BP/E 94.7Yield –
Shopify Current Income Tax Expense (Benefit) by Year
Current Income Tax Expense (Benefit) ($M) ($M)
Shopify Current Income Tax Expense (Benefit): $292M in FY2025, up 122.9% from a year earlier. That is the highest of the 8 years on record here.
Latest, FY2025
292
Period ended Dec 31, 2025
Change on a year earlier
+122.9%
131 in FY2024
History
8 years
Since FY2018
Sources
6
Documents cited below
Where the FY2025 figure comes from
Source: Form 10-K (filed 2026-02-11) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Current Income Tax Expense (Benefit) ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 292 | +122.9% | Form 10-K (filed 2026-02-11) ↗ |
| FY2024 | Dec 31, 2024 | 131 | +142.6% | Form 10-K (filed 2026-02-11) ↗ |
| FY2023 | Dec 31, 2023 | 54 | +125.0% | Form 40-F (filed 2024-02-13) ↗ |
| FY2022 | Dec 31, 2022 | 24 | -31.4% | Form 40-F (filed 2024-02-13) ↗ |
| FY2021 | Dec 31, 2021 | 35 | -202.0% | Form 40-F (filed 2023-02-16) ↗ |
| FY2020 | Dec 31, 2020 | -34.3 | -152.8% | Form 40-F (filed 2022-02-16) ↗ |
| FY2019 | Dec 31, 2019 | 65 | – | Form 40-F (filed 2021-02-17) ↗ |
| FY2018 | Dec 31, 2018 | 0 | – | Form 40-F (filed 2020-02-12) ↗ |
Cite this data
StockData. (2026). Shopify Current Income Tax Expense (Benefit) ($M), annual FY2018–FY2025 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/tax-cur-exp
See every metric in the Shopify KPI table. Data updated Oct 25, 2026.