Income Before Tax
Pre-Tax Income
Shopify Pre-Tax Income remained flat by 0.0% to $377.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 32.3%, from $557.00M to $377.25M. Over 2 years (FY 2023 to FY 2025), Pre-Tax Income shows an upward trend with a 185.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2025Feb 11, 2026
How to read this metric
Higher values indicate stronger overall profitability and operational efficiency before tax impacts.
Detailed definition
Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...
Peer comparison
A standard GAAP metric used universally to compare pre-tax performance across different industries.
Metric ID:
income_before_taxHistorical Data
3 years
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $185.00M | $2.23B | $1.51B |
| YoY Change | — | >999% | -32.3% |
Range$185.00M – $2.23B
CAGR+185.6%
Avg YoY Growth+536.0%
Median YoY Growth+536.0%
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Shopify's pre-tax income?
- Shopify (SHOP) reported pre-tax income of $377.25M in Q4 2025.
- How has Shopify's pre-tax income changed year-over-year?
- Shopify's pre-tax income decreased by 32.3% year-over-year, from $557.00M to $377.25M.
- What is the long-term trend for Shopify's pre-tax income?
- Over 2 years (2023 to 2025), Shopify's pre-tax income has grown at a 185.6% compound annual growth rate (CAGR), from $185.00M to $1.51B.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.