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

Shopify's (SHOP) 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 (SHOP) Non-Current Deferred Tax Liability (2017 - 2025) Analysis & Trends

Shopify's Non-Current Deferred Tax Liability history runs 9 years deep, the most recent figure standing at $55.0 million for Q4 2025.

  • On a quarterly basis, Non-Current Deferred Tax Liability fell 87.75% year-over-year to $55.0 million in Q4 2025; TTM through Dec 2025 was $55.0 million, a 87.75% decrease from a year earlier, with the FY2025 full-year figure at $55.0 million, down 87.75% from the prior year.
  • Non-Current Deferred Tax Liability climbed to $55.0 million in Q4 2025 per SHOP's latest filing, from $29.0 million in the prior quarter.
  • Across five years, Non-Current Deferred Tax Liability topped out at $449.0 million in Q4 2024 and bottomed at $5.0 million in Q1 2025.
  • The 5-year median for Non-Current Deferred Tax Liability is $32.5 million (2025), against an average of $97.4 million.
  • Across the five-year window, Non-Current Deferred Tax Liability tumbled 91.28% in 2022 and surged 7383.33% in 2024, its largest moves.
  • Year by year, Non-Current Deferred Tax Liability stood at $183.4 million in 2021, then tumbled by 91.28% to $16.0 million in 2022, then sank by 62.5% to $6.0 million in 2023, then jumped by 7383.33% to $449.0 million in 2024, then tumbled by 87.75% to $55.0 million in 2025.
  • Per Business Quant, the three latest SHOP Non-Current Deferred Tax Liability figures stand at $55.0 million (Q4 2025), $29.0 million (Q3 2025), and $36.0 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Datadog 86.34 Bn 81.58 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
Dec 31, 2023 6.00 Mn
Dec 31, 2023 6.00 Mn
Dec 31, 2022 16.00 Mn
Dec 31, 2022 16.00 Mn
Dec 31, 2021 183.43 Mn
Dec 31, 2021 183.43 Mn
Dec 31, 2020 81.17 Mn
Dec 31, 2020 81.17 Mn
Dec 31, 2019 37.34 Mn
Dec 31, 2019 37.34 Mn