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