Shopify SHOP
NASDAQ SHOP
$145.09 -0.79 (-0.54%)
At close: Sep 4, 2026 · 4:00 PM EDT

Shopify (SHOP) Current Deferred Revenue (2014 - 2026)

Shopify (SHOP) posted Current Deferred Revenue of $414.0 million for Q2 2026, up 1.72% on a QoQ basis from $407.0 million in Q1 2026, and down 1.66% year-over-year from $421.0 million in Q2 2025.

Analysis

Shopify (SHOP) Current Deferred Revenue (2014 - 2026) Analysis & Trends

Shopify has reported Current Deferred Revenue for 13 years, with the latest figure at $414.0 million in Q2 2026.

  • On a quarterly basis, Current Deferred Revenue fell 1.66% year-over-year to $414.0 million in Q2 2026; TTM through Jun 2026 was $414.0 million, a 1.66% decrease from a year earlier, with the FY2025 full-year figure at $398.0 million, down 7.44% from the prior year.
  • Current Deferred Revenue was $414.0 million for Q2 2026 at Shopify, up from $407.0 million in the prior quarter.
  • The five-year high for Current Deferred Revenue was $564.0 million in Q4 2022, with the low at $398.0 million in Q4 2025.
  • Average Current Deferred Revenue over 5 years is $447.3 million, with a median of $430.0 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Current Deferred Revenue surged 48.53% in 2022, then retreated 13.65% in 2024.
  • Over 5 years, Current Deferred Revenue stood at $564.0 million in 2022, then retreated by 11.7% to $498.0 million in 2023, then declined by 13.65% to $430.0 million in 2024, then dropped by 7.44% to $398.0 million in 2025, then gained by 4.02% to $414.0 million in 2026.
  • The last three Current Deferred Revenue figures came in at $414.0 million (Q2 2026), $407.0 million (Q1 2026), and $398.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Shopify 187.92 Bn 182.98 Bn 1.71 Bn
2 Global-E Online 6.49 Bn 6.13 Bn 131.87 Mn
3 Vtex 624.51 Mn 438.62 Mn 51.71 Mn
4 Rezolve Ai 359.91 Mn 248.80 Mn -
5 Commerce.com 212.95 Mn 56.62 Mn 63.53 Mn
6 Baozun 154.04 Mn -65.26 Mn 302.56 Mn
7 BeLive Holdings 23.36 Mn 16.74 Mn -
8 Paid 20.26 Mn 19.18 Mn 1.22 Mn
9 Caro Holdings 11.71 Mn 11.71 Mn -
10 My Size 1.36 Mn 650,132.45 973,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 414.00 Mn
Mar 31, 2026 407.00 Mn
Dec 31, 2025 398.00 Mn
Sep 30, 2025 410.00 Mn
Jun 30, 2025 421.00 Mn
Mar 31, 2025 430.00 Mn
Dec 31, 2024 430.00 Mn
Sep 30, 2024 449.00 Mn
Jun 30, 2024 468.00 Mn
Mar 31, 2024 479.00 Mn
Dec 31, 2023 498.00 Mn
Dec 31, 2022 564.00 Mn
Dec 31, 2021 379.72 Mn
Dec 31, 2020 128.82 Mn
Dec 31, 2019 62.66 Mn
Dec 31, 2018 41.06 Mn
Dec 31, 2017 32.05 Mn
Dec 31, 2016 21.09 Mn
Dec 31, 2015 12.73 Mn
Dec 31, 2014 6.78 Mn