Shopify

Shopify Tax Rate

The Effective Tax Rate of Shopify (SHOP) as of Nov 7, 2026 is 18.42 %. In the previous year, Effective Tax Rate was 9.38 % — a change of 96.39% (higher).

Tax Rate

18.42 %

YoY

96.39%

Last updated:

Effective Tax Rate of Shopify is 2025 18.42 % . Effective Tax Rate of Shopify was 2024 9.38 % . It decreases by 96.39% higher compared to the previous year.

The Shopify Tax Rate history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Rate
Date
Tax Rate
Jan 1, 2018
-42.39 USD
Jan 1, 2019
-30.29 USD
Jan 1, 2020
-32.93 USD
Jan 1, 2021
7.19 USD
Jan 1, 2022
4.50 USD
Jan 1, 2023
28.65 USD
Jan 1, 2024
9.38 USD
Jan 1, 2025
18.42 USD
The Shopify Tax Rate history
YEARTax RateYoY
18.42 %+96.39%
9.38 %-67.26%
28.65 %+536.77%
4.50 %-37.46%
7.19 %-121.85%
-32.93 %+8.69%
-30.29 %-28.54%
-42.39 %-2,116.14%
2.10 %-542.59%
-0.48 %-109.16%
5.19 %-266.24%
-3.12 %—

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Shopify Stock analysis

What does Shopify do? Shopify Inc. is a Canadian e-commerce company that provides online shops for small and medium-sized businesses. It was founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake and has been listed on the New York Stock Exchange since 2015. Shopify is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shopify stock

Effective Tax Rate of Shopify is 18.42 % in 2025.

Effective Tax Rate of Shopify changed from 9.38 % to 18.42 %, representing a 96.39% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Effective Tax Rate Shopify since 2006 – with annual values, charts, and detailed analysis.

The effective tax rate measures the actual percentage of pretax income paid in taxes. It reflects the company's tax efficiency and planning.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Effective Tax Rate's Shopify with sector peers and the industry average to assess whether it is attractive.

To evaluate Effective Tax Rate's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Effective Tax Rate.

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Margins — Shopify

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