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

Shopify has reported Current Deferred Revenue for 13 years, with the latest figure at $407.0 million in Q1 2026.

• For the quarter ending Q1 2026, Current Deferred Revenue fell 5.35% year-over-year to $407.0 million; the trailing twelve-month figure through Mar 2026 stood at $407.0 million (down 5.35% YoY), and the FY2025 full-year result was $300.0 million, down 30.23% from the prior year.
• Current Deferred Revenue for Q1 2026 stood at $407.0 million, up from $300.0 million in the prior quarter.
• The five-year high for Current Deferred Revenue was $498.0 million in Q4 2023, with the low at $68.5 million in Q2 2022.
• Average Current Deferred Revenue over 5 years is $350.0 million, with a median of $408.5 million recorded in 2025.
• Peak annual rise in Current Deferred Revenue reached 2926.05% in 2022, while the deepest fall reached 67.03% in 2022.
• Tracing SHOP's Current Deferred Revenue over 5 years: stood at $224.8 million in 2022, then soared by 121.5% to $498.0 million in 2023, then declined by 13.65% to $430.0 million in 2024, then tumbled by 30.23% to $300.0 million in 2025, then soared by 35.67% to $407.0 million in 2026.
• The last three Current Deferred Revenue figures came in at $407.0 million (Q1 2026), $300.0 million (Q4 2025), and $410.0 million (Q3 2025), per Business Quant data.

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