Shopify (SHOP) Deferred Taxes (2024 - 2026)

Shopify has reported Deferred Taxes for 3 years, with the latest figure at -$165.0 million in Q2 2026.

• On a quarterly basis, Deferred Taxes fell 68.37% year-over-year to -$165.0 million in Q2 2026; TTM through Jun 2026 was -$43.0 million, a 2.27% increase from a year earlier, with the FY2025 full-year figure at $14.0 million, up 117.95% from the prior year.
• Deferred Taxes was -$165.0 million for Q2 2026 at Shopify, down from $139.0 million in the prior quarter.
• The five-year high for Deferred Taxes was $139.0 million in Q1 2026, with the low at -$165.0 million in Q2 2026.
• Average Deferred Taxes over 3 years is -$9.0 million, with a median of -$2.5 million recorded in 2024.
• The largest YoY upside for Deferred Taxes was 13000.0% in 2025 against a maximum downside of 4800.0% in 2025.
• Over 3 years, Deferred Taxes stood at -$72.0 million in 2024, then surged by 69.44% to -$22.0 million in 2025, then slumped by 650.0% to -$165.0 million in 2026.
• The last three Deferred Taxes figures came in at -$165.0 million (Q2 2026), $139.0 million (Q1 2026), and -$22.0 million (Q4 2025), per Business Quant data.