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 change rate from 2013 to Q3 2025.
  • SHOPIFY INC. Income Tax Expense (Benefit) for the quarter ending 30 Sep 2025 was $44M, a 37.5% increase year-over-year.
  • SHOPIFY INC. Income Tax Expense (Benefit) for the twelve months ending 30 Sep 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 Change (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Change (%)

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% 01 Jul 2025 30 Sep 2025 10-Q 04 Nov 2025
Q2 2025 $245M $173M +$141M +441% 01 Apr 2025 30 Jun 2025 10-Q 06 Aug 2025
Q1 2025 $104M -$88M -$105M -618% 01 Jan 2025 31 Mar 2025 10-Q 08 May 2025
Q4 2024 $209M $128M 01 Oct 2024 31 Dec 2024 10-K 11 Feb 2025
Q3 2024 $32M 01 Jul 2024 30 Sep 2024 10-Q 04 Nov 2025
Q2 2024 $32M 01 Apr 2024 30 Jun 2024 10-Q 06 Aug 2025
Q1 2024 $17M 01 Jan 2024 31 Mar 2024 10-Q 08 May 2025

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

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $209M +$156M +294% 01 Jan 2024 31 Dec 2024 10-K 11 Feb 2025
2023 $53M +$216M 01 Jan 2023 31 Dec 2023 10-K 11 Feb 2025
2022 -$163M -$389M -172% 01 Jan 2022 31 Dec 2022 10-K 11 Feb 2025
2021 $226M +$305M 01 Jan 2021 31 Dec 2021 40-F 16 Feb 2023
2020 -$79.1M -$108M -373% 01 Jan 2020 31 Dec 2020 40-F 16 Feb 2022
2019 $29M +$29M 01 Jan 2019 31 Dec 2019 40-F 17 Feb 2021
2018 $0 $0 01 Jan 2018 31 Dec 2018 40-F 12 Feb 2020
2017 $0 $0 01 Jan 2017 31 Dec 2017 40-F 12 Feb 2019
2016 $0 $0 01 Jan 2016 31 Dec 2016 40-F 15 Feb 2018
2015 $0 $0 01 Jan 2015 31 Dec 2015 40-F 15 Feb 2017
2014 $0 $0 01 Jan 2014 31 Dec 2014 20-F 17 Feb 2016
2013 $0 01 Jan 2013 31 Dec 2013 20-F 17 Feb 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.