Income Before Tax

Pre-Tax Income (Domestic)

Shopify Pre-Tax Income (Domestic) remained flat by 0.0% to $112.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 16.2%, from $134.25M to $112.50M. Over 2 years (FY 2023 to FY 2025), Pre-Tax Income (Domestic) shows a downward trend with a -13.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2023
Last reportedQ4 2025Feb 11, 2026

How to read this metric

An increase suggests strong domestic market demand or operational efficiency within the home region.

Detailed definition

The portion of pre-tax earnings generated from operations within the company's home country. This metric provides insigh...

Peer comparison

Standard geographic breakdown provided by most multinational corporations.

Metric ID: msft_income_before_tax_domestic

Historical Data

3 years
 FY'23FY'24FY'25
Value$599.00M$537.00M$450.00M
YoY Change-10.4%-16.2%
Range$450.00M$599.00M
CAGR-13.3%
Avg YoY Growth-13.3%
Median YoY Growth-13.3%
Current Streak2+ years decline

Frequently Asked Questions

What is Shopify's pre-tax income (domestic)?
Shopify (SHOP) reported pre-tax income (domestic) of $112.50M in Q4 2025.
How has Shopify's pre-tax income (domestic) changed year-over-year?
Shopify's pre-tax income (domestic) decreased by 16.2% year-over-year, from $134.25M to $112.50M.
What is the long-term trend for Shopify's pre-tax income (domestic)?
Over 2 years (2023 to 2025), Shopify's pre-tax income (domestic) has grown at a -13.3% compound annual growth rate (CAGR), from $599.00M to $450.00M.
What does pre-tax income (domestic) mean?
Pre-tax profit earned specifically from domestic business operations.