Supplemental
Taxes Paid
Shopify Taxes Paid increased by 260.9% to $83.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 56.6%, from $53.00M to $83.00M. Over 3 years (FY 2022 to FY 2025), Taxes Paid shows an upward trend with a 93.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionSupplemental
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Significant divergence from income statement tax expense can signal timing differences, tax credits, or the impact of international tax strategies.
Detailed definition
The actual amount of cash disbursed to tax authorities for corporate income taxes during the period, as opposed to the a...
Peer comparison
Global corporations often have complex cash tax profiles due to varying international tax jurisdictions and repatriation activities.
Metric ID:
cf_income_taxes_paidHistorical Data
16 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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% |
| 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% |
Range$6.75M – $83.00M
CAGR+95.3%
Avg YoY Growth+103.5%
Median YoY Growth+85.2%
Taxes Paid at Other Companies
Frequently Asked Questions
- What is Shopify's taxes paid?
- Shopify (SHOP) reported taxes paid of $83.00M in Q4 2025.
- How has Shopify's taxes paid changed year-over-year?
- Shopify's taxes paid increased by 56.6% year-over-year, from $53.00M to $83.00M.
- What is the long-term trend for Shopify's taxes paid?
- Over 3 years (2022 to 2025), Shopify's taxes paid has grown at a 93.0% compound annual growth rate (CAGR), from $27.00M to $194.00M.
- What does taxes paid mean?
- The actual amount of cash the company sent to the government for taxes this year.