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Shopify (NYSE:SHOP) Tax Rate %

: -1.48% (As of Dec. 2022)
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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shopify's Tax Expense for the three months ended in Dec. 2022 was $9 Mil. Shopify's Pre-Tax Income for the three months ended in Dec. 2022 was $-615 Mil. Therefore, Shopify's Tax Rate % for the quarter that ended in Dec. 2022 was -1.48%.


Shopify Tax Rate % Historical Data

The historical data trend for Shopify's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shopify Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -30.29 -32.93 7.19 4.48

Shopify Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Tax Rate % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.02 10.80 -0.47 -0.81 -1.48

Shopify Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Shopify's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=-162.43/-3622.848
=4.48 %

Shopify's Tax Rate % for the quarter that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2022 )/Pre-Tax Income (Q: Dec. 2022 )
=9.086/-614.608
=-1.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shopify Tax Rate % Related Terms

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Shopify (NYSE:SHOP) Business Description

Shopify logo
Traded in Other Exchanges
Address
151 O'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P2L8
Shopify offers an e-commerce platform primarily to small and midsize businesses. The firm has two segments: subscription solutions (43% of fiscal 2018 revenue) and merchant solutions (57% of fiscal 2018 revenue). The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. Merchant solutions are add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

Shopify (NYSE:SHOP) Headlines

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