Other
Change in Deferred Revenue
Shopify Change in Deferred Revenue remained flat by 0.0% to $4.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 26.9%, from $6.50M to $4.75M. Over 3 years (FY 2022 to FY 2025), Change in Deferred Revenue shows a downward trend with a -16.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2025Feb 11, 2026
How to read this metric
An increase is generally positive, signaling strong future revenue visibility and customer commitment.
Detailed definition
Measures the net change in payments received from customers for goods or services that have not yet been delivered or ea...
Peer comparison
Highly relevant for subscription or long-cycle businesses; compared against peers with similar revenue models.
Metric ID:
anet_change_in_deferred_revenueHistorical Data
4 years
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $32.00M | $60.00M | $26.00M | $19.00M |
| YoY Change | — | +87.5% | -56.7% | -26.9% |
Range$19.00M – $60.00M
CAGR-16.0%
Avg YoY Growth+1.3%
Median YoY Growth-26.9%
Current Streak2 years decline
Change in Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Shopify's change in deferred revenue?
- Shopify (SHOP) reported change in deferred revenue of $4.75M in Q4 2025.
- How has Shopify's change in deferred revenue changed year-over-year?
- Shopify's change in deferred revenue decreased by 26.9% year-over-year, from $6.50M to $4.75M.
- What is the long-term trend for Shopify's change in deferred revenue?
- Over 3 years (2022 to 2025), Shopify's change in deferred revenue has grown at a -16.0% compound annual growth rate (CAGR), from $32.00M to $19.00M.
- What does change in deferred revenue mean?
- The change in payments received for work not yet completed.