Other
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Loss On Derivative, Percent
This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2023
Last reportedQ4 2025Feb 11, 2026
How to read this metric
A higher percentage indicates that derivative losses are significantly increasing the effective tax rate compared to the statutory rate.
Detailed definition
This metric measures the percentage impact on the effective tax rate attributable to nondeductible losses on derivatives...
Peer comparison
Commonly found in the tax reconciliation notes of companies with active treasury hedging programs.
Metric ID:
other_effective_income_tax_rate_reconciliation_nondeduct_eb3067Historical Data
3 periods
| Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|
| Value | 0% | 0% | 1.3% |
Range0% – 1.3%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Loss On Derivative, Percent at Other Companies
Frequently Asked Questions
- What is Shopify's effective income tax rate reconciliation, nondeductible expense, loss on derivative, percent?
- Shopify (SHOP) reported effective income tax rate reconciliation, nondeductible expense, loss on derivative, percent of 1.3% in Q4 2025.
- What does effective income tax rate reconciliation, nondeductible expense, loss on derivative, percent mean?
- The percentage impact on the effective tax rate from nondeductible derivative losses.