Income Tax Expense (Benefit) in USD of SHOPIFY INC. from 2013 to Q3 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Shopify Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2013 to Q3 2025.
  • Shopify Inc. Income Tax Expense (Benefit) for the quarter ending September 30, 2025 was $44M, a 37.5% increase year-over-year.
  • Shopify Inc. Income Tax Expense (Benefit) for the twelve months ending September 30, 2025 was $257M.
  • Shopify Inc. annual Income Tax Expense (Benefit) for 2024 was $209M, a 294% increase from 2023.
  • Shopify Inc. annual Income Tax Expense (Benefit) for 2023 was $53M.
  • Shopify Inc. annual Income Tax Expense (Benefit) for 2022 was -$163M, a 172% decline from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)

SHOPIFY INC. Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2025 $257M $44M +$12M +37.5% Jul 1, 2025 Sep 30, 2025 10-Q 2025-11-04
Q2 2025 $245M $173M +$141M +441% Apr 1, 2025 Jun 30, 2025 10-Q 2025-08-06
Q1 2025 $104M -$88M -$105M -618% Jan 1, 2025 Mar 31, 2025 10-Q 2025-05-08
Q4 2024 $209M $128M Oct 1, 2024 Dec 31, 2024 10-K 2025-02-11
Q3 2024 $32M Jul 1, 2024 Sep 30, 2024 10-Q 2025-11-04
Q2 2024 $32M Apr 1, 2024 Jun 30, 2024 10-Q 2025-08-06
Q1 2024 $17M Jan 1, 2024 Mar 31, 2024 10-Q 2025-05-08

SHOPIFY INC. Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $209M +$156M +294% Jan 1, 2024 Dec 31, 2024 10-K 2025-02-11
2023 $53M +$216M Jan 1, 2023 Dec 31, 2023 10-K 2025-02-11
2022 -$163M -$389M -172% Jan 1, 2022 Dec 31, 2022 10-K 2025-02-11
2021 $226M +$305M Jan 1, 2021 Dec 31, 2021 40-F 2023-02-16
2020 -$79.1M -$108M -373% Jan 1, 2020 Dec 31, 2020 40-F 2022-02-16
2019 $29M +$29M Jan 1, 2019 Dec 31, 2019 40-F 2021-02-17
2018 $0 $0 Jan 1, 2018 Dec 31, 2018 40-F 2020-02-12
2017 $0 $0 Jan 1, 2017 Dec 31, 2017 40-F 2019-02-12
2016 $0 $0 Jan 1, 2016 Dec 31, 2016 40-F 2018-02-15
2015 $0 $0 Jan 1, 2015 Dec 31, 2015 40-F 2017-02-15
2014 $0 $0 Jan 1, 2014 Dec 31, 2014 20-F 2016-02-17
2013 $0 Jan 1, 2013 Dec 31, 2013 20-F 2016-02-17
* An asterisk sign (*) next to the value indicates that the value is likely invalid.