Tax
Effective Tax Rate
Shopify Effective Tax Rate remained flat by 0.0% to $0.05 in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 95.7%, from $0.02 to $0.05. Over 2 years (FY 2023 to FY 2025), Effective Tax Rate shows a downward trend with a -19.8% CAGR.
Analysis
StatementIncome Statement
SectionTax
First reportedQ1 2023
Last reportedQ4 2025Feb 11, 2026
Metric ID:
isrg_effective_tax_rate_continuing_operationsHistorical Data
3 years
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $0.29 | $0.09 | $0.18 |
| YoY Change | — | -67.1% | +95.7% |
Range$0.09 – $0.29
CAGR-19.8%
Avg YoY Growth+14.3%
Median YoY Growth+14.3%
Effective Tax Rate at Other Companies
Frequently Asked Questions
- What is Shopify's effective tax rate?
- Shopify (SHOP) reported effective tax rate of $0.05 in Q4 2025.
- How has Shopify's effective tax rate changed year-over-year?
- Shopify's effective tax rate increased by 95.7% year-over-year, from $0.02 to $0.05.
- What is the long-term trend for Shopify's effective tax rate?
- Over 2 years (2023 to 2025), Shopify's effective tax rate has grown at a -19.8% compound annual growth rate (CAGR), from $0.29 to $0.18.