Shopify (SHOP) Long-Term Deferred Tax (2019 - 2026)
Shopify (SHOP) recorded quarterly Long-Term Deferred Tax of $117.0 million in Q1 2026, up 254.55% quarter-over-quarter from $33.0 million in Q4 2025, and up 19.39% on a YoY basis from $98.0 million in Q1 2025.
Shopify (SHOP) Long-Term Deferred Tax (2019 - 2026) Analysis & Trends
Shopify's Long-Term Deferred Tax history runs 8 years deep, the most recent figure standing at $117.0 million for Q1 2026.
- In Q1 2026, Long-Term Deferred Tax rose 19.39% year-over-year to $117.0 million; the TTM figure through Mar 2026 stood at $117.0 million (up 19.39% YoY), while the FY2025 annual figure was $33.0 million, down 10.81% from the prior year.
- Long-Term Deferred Tax was $117.0 million for Q1 2026 at Shopify, up from $33.0 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $117.0 million in Q1 2026 to a low of $29.0 million in Q3 2025.
- Historically, Long-Term Deferred Tax has averaged $53.8 million across 5 years, with a median of $39.0 million in 2022.
- The sharpest annual moves came in 2024 and 2026: Long-Term Deferred Tax slipped 15.91% in 2024, then grew 19.39% in 2026.
- A 5-year view of Long-Term Deferred Tax shows it stood at $41.0 million in 2022, then climbed by 7.32% to $44.0 million in 2023, then declined by 15.91% to $37.0 million in 2024, then retreated by 10.81% to $33.0 million in 2025, then soared by 254.55% to $117.0 million in 2026.
- The last three Long-Term Deferred Tax figures came in at $117.0 million (Q1 2026), $33.0 million (Q4 2025), and $29.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 117.00 Mn |
| Dec 31, 2025 | 33.00 Mn |
| Sep 30, 2025 | 29.00 Mn |
| Jun 30, 2025 | 31.00 Mn |
| Mar 31, 2025 | 98.00 Mn |
| Dec 31, 2024 | 37.00 Mn |
| Dec 31, 2023 | 44.00 Mn |
| Dec 31, 2022 | 41.00 Mn |
| Dec 31, 2021 | 48.37 Mn |
| Dec 31, 2020 | 52.68 Mn |
| Dec 31, 2019 | 19.43 Mn |