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Shopify (SHOP) Current Deferred Revenue (2016 - 2025)

Shopify has reported Current Deferred Revenue over the past 12 years, most recently at $300.0 million for Q4 2025.

  • Quarterly results put Current Deferred Revenue at $300.0 million for Q4 2025, up 6.01% from a year ago — trailing twelve months through Dec 2025 was $300.0 million (up 6.01% YoY), and the annual figure for FY2025 was $300.0 million, up 6.01%.
  • Current Deferred Revenue for Q4 2025 was $300.0 million at Shopify, down from $410.0 million in the prior quarter.
  • Over the last five years, Current Deferred Revenue for SHOP hit a ceiling of $564.0 million in Q4 2022 and a floor of $216.8 million in Q4 2021.
  • Median Current Deferred Revenue over the past 5 years was $430.0 million (2025), compared with a mean of $410.8 million.
  • Biggest five-year swings in Current Deferred Revenue: skyrocketed 160.16% in 2022 and later crashed 43.17% in 2024.
  • Shopify's Current Deferred Revenue stood at $216.8 million in 2021, then skyrocketed by 160.16% to $564.0 million in 2022, then dropped by 11.7% to $498.0 million in 2023, then plummeted by 43.17% to $283.0 million in 2024, then grew by 6.01% to $300.0 million in 2025.
  • The last three reported values for Current Deferred Revenue were $300.0 million (Q4 2025), $410.0 million (Q3 2025), and $421.0 million (Q2 2025) per Business Quant data.