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
DateValue
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