Shopify (SHOP) Non-Current Deffered Revenue (2014 - 2026)

Shopify (SHOP) recorded quarterly Non-Current Deffered Revenue of $86.0 million in Q1 2026, down 12.24% quarter-over-quarter from $98.0 million in Q4 2025, and down 36.3% on a YoY basis from $135.0 million in Q1 2025.

Shopify (SHOP) Non-Current Deffered Revenue (2014 - 2026) Analysis & Trends

Shopify's Non-Current Deffered Revenue history runs 13 years deep, the most recent figure standing at $86.0 million for Q1 2026.

  • In Q1 2026, Non-Current Deffered Revenue fell 36.3% year-over-year to $86.0 million; the TTM figure through Mar 2026 stood at $86.0 million (down 36.3% YoY), while the FY2025 annual figure was $98.0 million, down 33.33% from the prior year.
  • Non-Current Deffered Revenue was $86.0 million for Q1 2026 at Shopify, down from $98.0 million in the prior quarter.
  • In the past five years, Non-Current Deffered Revenue ranged from a high of $268.0 million in Q4 2022 to a low of $86.0 million in Q1 2026.
  • Historically, Non-Current Deffered Revenue has averaged $152.3 million across 5 years, with a median of $147.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Non-Current Deffered Revenue surged 64.49% in 2022, then tumbled 36.3% in 2026.
  • A 5-year view of Non-Current Deffered Revenue shows it stood at $268.0 million in 2022, then slipped by 26.87% to $196.0 million in 2023, then decreased by 25.0% to $147.0 million in 2024, then sank by 33.33% to $98.0 million in 2025, then fell by 12.24% to $86.0 million in 2026.
  • The last three Non-Current Deffered Revenue figures came in at $86.0 million (Q1 2026), $98.0 million (Q4 2025), and $110.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Deffered Revenue (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 11.84 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 86.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn -
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 146.57 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 99.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 384.90 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 98.00 Mn
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn 25.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 86.00 Mn
Dec 31, 2025 98.00 Mn
Sep 30, 2025 110.00 Mn
Jun 30, 2025 123.00 Mn
Mar 31, 2025 135.00 Mn
Dec 31, 2024 147.00 Mn
Sep 30, 2024 159.00 Mn
Jun 30, 2024 170.00 Mn
Mar 31, 2024 183.00 Mn
Dec 31, 2023 196.00 Mn
Dec 31, 2022 268.00 Mn
Dec 31, 2021 162.93 Mn
Dec 31, 2020 21.01 Mn
Dec 31, 2019 5.97 Mn
Dec 31, 2018 1.88 Mn
Dec 31, 2017 16.45 Mn
Dec 31, 2016 13.94 Mn
Dec 31, 2015 10.50 Mn
Dec 31, 2014 7.78 Mn