Shopify Inc. (SHOP) operating KPIs
SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
$157.49−9.40 (-5.63%)
Close on Oct 30, 2026Market cap $202.63BP/E 105.7Yield –
Shopify recognition of Deferred Revenue from Beginning Balance ($M) ($M)
Annual figures from Shopify's filings and investor materials
Latest, FY2025
-256
Period ended Dec 31, 2025
Change on a year earlier
-6.9%
-275 in FY2024
History
9 years
Since FY2017
Sources
7
Documents cited below
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Recognition of Deferred Revenue from Beginning Balance ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | -256 | -6.9% | Form 10-K FY2025 (filed 2026-02-11) ↗ |
| FY2024 | Dec 31, 2024 | -275 | -1.4% | Form 10-K FY2025 (filed 2026-02-11) ↗ |
| FY2023 | Dec 31, 2023 | -279 | +29.2% | Form 10-K FY2024 (filed 2025-02-11) ↗ |
| FY2022 | Dec 31, 2022 | -216 | +115.5% | Form 40-F FY2023 (filed 2024-02-13) ↗ |
| FY2021 | Dec 31, 2021 | -100 | +88.5% | Form 40-F FY2022 (filed 2023-02-16) ↗ |
| FY2020 | Dec 31, 2020 | -53.2 | +58.3% | Form 40-F FY2020 (filed 2021-02-17) ↗ |
| FY2019 | Dec 31, 2019 | -33.6 | +17.7% | Form 40-F FY2020 (filed 2021-02-17) ↗ |
| FY2018 | Dec 31, 2018 | -28.5 | +57.3% | Form 40-F FY2019 (filed 2020-02-12) ↗ |
| FY2017 | Dec 31, 2017 | -18.2 | – | Form 40-F FY2018 (filed 2019-02-12) ↗ |
Cite this data
StockData. (2026). Shopify Recognition of Deferred Revenue from Beginning Balance ($M) ($M), annual FY2017–FY2025 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/deferred_revenue_recognized
See every metric in the Shopify KPI table. Data updated Oct 25, 2026.