Growth Metrics

Shopify (SHOP) Non-Current Deferred Tax Liability (2017 - 2025)

Shopify's quarterly Non-Current Deferred Tax Liability came in at $55.0 million in Q4 2025, down 87.75% year-on-year from $449.0 million in Q4 2024, and up 89.66% quarter-over-quarter from $29.0 million in Q3 2025.

Shopify has reported Non-Current Deferred Tax Liability for 9 years, with the latest figure at $55.0 million in Q4 2025.

  • For the quarter ending Q4 2025, Non-Current Deferred Tax Liability fell 87.75% year-over-year to $55.0 million; the trailing twelve-month figure through Dec 2025 stood at $55.0 million (down 87.75% YoY), and the FY2025 full-year result was $55.0 million, down 87.75% from the prior year.
  • Non-Current Deferred Tax Liability for Q4 2025 stood at $55.0 million, up from $29.0 million in the prior quarter.
  • The five-year high for Non-Current Deferred Tax Liability was $449.0 million in Q4 2024, with the low at -$179.8 million in Q4 2022.
  • Average Non-Current Deferred Tax Liability over 5 years is $54.3 million, with a median of $23.5 million recorded in 2025.
  • Year-over-year, Non-Current Deferred Tax Liability jumped 2470.3% in 2021 and slumped 223.53% in 2022.
  • Tracing SHOP's Non-Current Deferred Tax Liability over 5 years: stood at $145.5 million in 2021, then tumbled by 223.53% to -$179.8 million in 2022, then advanced by 10.1% to -$161.6 million in 2023, then surged by 377.85% to $449.0 million in 2024, then plunged by 87.75% to $55.0 million in 2025.
  • The last three Non-Current Deferred Tax Liability figures came in at $55.0 million (Q4 2025), $29.0 million (Q3 2025), and $36.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn
10 Datadog 78.54 Bn 73.78 Bn 797.20 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 55.00 Mn
Dec 31, 2025 55.00 Mn
Sep 30, 2025 29.00 Mn
Sep 30, 2025 29.00 Mn
Jun 30, 2025 36.00 Mn
Jun 30, 2025 36.00 Mn
Mar 31, 2025 5.00 Mn
Mar 31, 2025 5.00 Mn
Dec 31, 2024 449.00 Mn
Dec 31, 2024 449.00 Mn
Jun 30, 2024 10.00 Mn
Jun 30, 2024 10.00 Mn
Mar 31, 2024 6.00 Mn
Mar 31, 2024 6.00 Mn
Dec 31, 2023 -161.60 Mn
Dec 31, 2023 -161.60 Mn
Dec 31, 2022 -179.76 Mn
Dec 31, 2022 -179.76 Mn
Sep 30, 2022 18.08 Mn
Sep 30, 2022 18.08 Mn
Jun 30, 2022 1.05 Mn
Jun 30, 2022 1.05 Mn
Mar 31, 2022 211,000.00
Mar 31, 2022 211,000.00
Dec 31, 2021 145.52 Mn
Dec 31, 2021 145.52 Mn
Sep 30, 2021 246.77 Mn
Sep 30, 2021 246.77 Mn
Jun 30, 2021 127.78 Mn
Jun 30, 2021 127.78 Mn
Mar 31, 2021 80.89 Mn
Mar 31, 2021 80.89 Mn
Dec 31, 2020 -62.26 Mn
Dec 31, 2020 -62.26 Mn
Mar 31, 2020 3.15 Mn
Mar 31, 2020 3.15 Mn
Dec 31, 2019 6.63 Mn
Dec 31, 2019 6.63 Mn
Sep 30, 2019 1.08 Mn
Sep 30, 2019 1.08 Mn
Jun 30, 2019 1.34 Mn
Jun 30, 2019 1.34 Mn
Mar 31, 2019 710,582.66
Mar 31, 2019 710,582.66
Dec 31, 2018 857,625.60
Dec 31, 2018 857,625.60
Sep 30, 2018 1.01 Mn
Sep 30, 2018 1.01 Mn
Jun 30, 2018 1.17 Mn
Jun 30, 2018 1.17 Mn
Mar 31, 2018 977,928.30
Mar 31, 2018 977,928.30
Dec 31, 2017 1.09 Mn
Dec 31, 2017 1.09 Mn
Sep 30, 2017 1.54 Mn
Sep 30, 2017 1.54 Mn
Jun 30, 2017 1.69 Mn
Jun 30, 2017 1.69 Mn