Tax
Cash Paid for Income Taxes
Shopify Cash Paid for Income Taxes increased by 12.0% to $93.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 244.4%, from $27.00M to $93.00M. Over 3 years (FY 2022 to FY 2025), Cash Paid for Income Taxes shows an upward trend with a 93.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionTax
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 5, 2026
How to read this metric
Higher cash taxes relative to book income may indicate lower tax efficiency or the exhaustion of tax credits.
Detailed definition
The actual cash outflow for income taxes to federal, state, and foreign tax authorities during the reporting period. Unl...
Peer comparison
A standard line item in the Cash Flow Statement for all public companies; essential for cross-company cash flow analysis.
Metric ID:
c_cash_paid_for_income_taxesHistorical Data
17 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.75M | $6.75M | $6.75M | $6.75M | $12.50M | $12.50M | $12.50M | $12.50M | $9.00M | $40.00M | $14.00M | $53.00M | $27.00M | $61.00M | $23.00M | $83.00M | $93.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +85.2% | +0.0% | +0.0% | +0.0% | -28.0% | +344.4% | -65.0% | +278.6% | -49.1% | +125.9% | -62.3% | +260.9% | +12.0% |
| YoY Change | — | — | — | — | +85.2% | +85.2% | +85.2% | +85.2% | -28.0% | +220.0% | +12.0% | +324.0% | +200.0% | +52.5% | +64.3% | +56.6% | +244.4% |
Range$6.75M – $93.00M
CAGR+92.7%
Avg YoY Growth+114.4%
Median YoY Growth+85.2%
Current Streak2 quarters growth
Cash Paid for Income Taxes at Other Companies
Frequently Asked Questions
- What is Shopify's cash paid for income taxes?
- Shopify (SHOP) reported cash paid for income taxes of $93.00M in Q1 2026.
- How has Shopify's cash paid for income taxes changed year-over-year?
- Shopify's cash paid for income taxes increased by 244.4% year-over-year, from $27.00M to $93.00M.
- What is the long-term trend for Shopify's cash paid for income taxes?
- Over 3 years (2022 to 2025), Shopify's cash paid for income taxes has grown at a 93.0% compound annual growth rate (CAGR), from $27.00M to $194.00M.
- What does cash paid for income taxes mean?
- The actual amount of cash paid to tax authorities during the year.