Income Taxes Paid, Net
Shopify Income Taxes Paid, Net 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), Income Taxes Paid, Net shows an upward trend with a 93.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A lower cash tax rate relative to statutory rates can indicate effective tax planning, while high cash taxes may signal a lack of tax-efficient strategies or one-time tax events.
Detailed definition
This metric represents the actual cash paid for income taxes during the period, net of any refunds received. It provides...
Peer comparison
Standard supplemental disclosure; peers are compared based on their cash effective tax rate.
supplemental_income_taxes_paid_netHistorical Data
| 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% |
Income Taxes Paid, Net at Other Companies
Frequently Asked Questions
- What is Shopify's income taxes paid, net?
- Shopify (SHOP) reported income taxes paid, net of $93.00M in Q1 2026.
- How has Shopify's income taxes paid, net changed year-over-year?
- Shopify's income taxes paid, net increased by 244.4% year-over-year, from $27.00M to $93.00M.
- What is the long-term trend for Shopify's income taxes paid, net?
- Over 3 years (2022 to 2025), Shopify's income taxes paid, net has grown at a 93.0% compound annual growth rate (CAGR), from $27.00M to $194.00M.
- What does income taxes paid, net mean?
- The actual cash amount paid to tax authorities during the year.