Shopify (SHOP) Non-Current Deffered Revenue (2014 - 2026)
Shopify's (SHOP) quarterly Non-Current Deffered Revenue came in at $86.0 million in Q1 2026, down 36.3% year-on-year from $135.0 million in Q1 2025, and down 12.24% quarter-over-quarter from $98.0 million in Q4 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.
- On a quarterly basis, Non-Current Deffered Revenue fell 36.3% year-over-year to $86.0 million in Q1 2026; TTM through Mar 2026 was $86.0 million, a 36.3% decrease from a year earlier, with the FY2025 full-year figure at $98.0 million, down 33.33% from the prior year.
- Non-Current Deffered Revenue retreated to $86.0 million in Q1 2026 per SHOP's latest filing, from $98.0 million in the prior quarter.
- Across five years, Non-Current Deffered Revenue topped out at $268.0 million in Q4 2022 and bottomed at $86.0 million in Q1 2026.
- The 5-year median for Non-Current Deffered Revenue is $147.0 million (2024), against an average of $152.3 million.
- Across the five-year window, Non-Current Deffered Revenue jumped 64.49% in 2022 and tumbled 36.3% in 2026, its largest moves.
- Year by year, Non-Current Deffered Revenue 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 tumbled by 33.33% to $98.0 million in 2025, then fell by 12.24% to $86.0 million in 2026.
- Per Business Quant, the three latest SHOP Non-Current Deffered Revenue figures stand at $86.0 million (Q1 2026), $98.0 million (Q4 2025), and $110.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (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 | 86.00 Mn |
| 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 | 135.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 384.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 25.66 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 146.57 Mn |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 50.92 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 | 1.35 Mn |
| Dec 31, 2016 | 922,000.00 |
| Dec 31, 2015 | 661,000.00 |
| Dec 31, 2014 | 7.29 Mn |