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| Date | Value |
|---|---|
| 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 |