Tax
Deferred Tax
Shopify Deferred Tax remained flat by 0.0% to -$3.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 117.9%, from $19.50M to -$3.50M. Over 3 years (FY 2022 to FY 2025), Deferred Tax shows an upward trend with a -57.9% CAGR.
Analysis
StatementIncome Statement
SectionTax
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2025Feb 11, 2026
How to read this metric
A large deferred tax benefit may indicate future tax liabilities, while a large expense may suggest future tax savings.
Detailed definition
This metric represents the portion of income tax expense that is deferred to future periods due to temporary differences...
Peer comparison
Standard accounting line item found in the tax reconciliation section of the income statement for most public companies.
Metric ID:
msft_deferred_income_tax_expense_benefitHistorical Data
4 years
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | -$187.00M | -$1.00M | $78.00M | -$14.00M |
| YoY Change | — | +99.5% | >999% | -117.9% |
Range-$187.00M – $78.00M
CAGR-57.9%
Avg YoY Growth>999%
Median YoY Growth+99.5%
Deferred Tax at Other Companies
Frequently Asked Questions
- What is Shopify's deferred tax?
- Shopify (SHOP) reported deferred tax of -$3.50M in Q4 2025.
- How has Shopify's deferred tax changed year-over-year?
- Shopify's deferred tax decreased by 117.9% year-over-year, from $19.50M to -$3.50M.
- What is the long-term trend for Shopify's deferred tax?
- Over 3 years (2022 to 2025), Shopify's deferred tax has grown at a -57.9% compound annual growth rate (CAGR), from -$187.00M to -$14.00M.
- What does deferred tax mean?
- The portion of tax expense that is not currently payable but will be settled in future periods.