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
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 1.35 Mn
Dec 31, 2016 922,000.00
Dec 31, 2015 661,000.00
Dec 31, 2014 7.29 Mn