Tax
Federal Tax (Current)
Shopify Federal Tax (Current) remained flat by 0.0% to $8.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 150.0%, from $3.50M to $8.75M. Over 2 years (FY 2023 to FY 2025), Federal Tax (Current) shows an upward trend with a 491.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ4 2025Feb 11, 2026
How to read this metric
Changes reflect shifts in domestic profitability and effective tax planning strategies.
Detailed definition
The portion of the total income tax provision that is currently payable to the national government based on the current...
Peer comparison
Standard tax disclosure for all U.S. public companies.
Metric ID:
msft_current_federal_tax_expenseHistorical Data
3 years
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | -$1.00M | $14.00M | $35.00M |
| YoY Change | — | >999% | +150.0% |
Range-$1.00M – $35.00M
CAGR+491.6%
Avg YoY Growth+825.0%
Median YoY Growth+825.0%
Current Streak2+ years growth
Federal Tax (Current) at Other Companies
Frequently Asked Questions
- What is Shopify's federal tax (current)?
- Shopify (SHOP) reported federal tax (current) of $8.75M in Q4 2025.
- How has Shopify's federal tax (current) changed year-over-year?
- Shopify's federal tax (current) increased by 150.0% year-over-year, from $3.50M to $8.75M.
- What is the long-term trend for Shopify's federal tax (current)?
- Over 2 years (2023 to 2025), Shopify's federal tax (current) has grown at a 491.6% compound annual growth rate (CAGR), from -$1.00M to $35.00M.
- What does federal tax (current) mean?
- The amount of federal income tax currently owed for the period.