Tax
State and Local Income Taxes, Net
Shopify State and Local Income Taxes, Net remained flat by 0.0% to $16.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 255.6%, from $4.50M to $16.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2025Feb 11, 2026
How to read this metric
Higher values indicate increased tax burdens in specific operating regions.
Detailed definition
The net expense incurred for state and local income taxes after accounting for the federal tax deduction benefit. This r...
Peer comparison
Common tax disclosure for companies with significant domestic operations.
Metric ID:
cat_state_and_local_income_taxes_netHistorical Data
4 years
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $0.00 | $0.00 | $18.00M | $64.00M |
| YoY Change | — | — | — | +255.6% |
Range$0.00 – $64.00M
Avg YoY Growth+255.6%
Median YoY Growth+255.6%
State and Local Income Taxes, Net at Other Companies
Frequently Asked Questions
- What is Shopify's state and local income taxes, net?
- Shopify (SHOP) reported state and local income taxes, net of $16.00M in Q4 2025.
- How has Shopify's state and local income taxes, net changed year-over-year?
- Shopify's state and local income taxes, net increased by 255.6% year-over-year, from $4.50M to $16.00M.
- What does state and local income taxes, net mean?
- Net cost of state and local income taxes.