Discontinued — last reported Q4 '22
Operating
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
StatementCash Flow Statement
SectionOperating
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2022
How to read this metric
An increase signals strong future revenue potential and customer commitment, while a decrease indicates the fulfillment of prior obligations.
Detailed definition
Reflects the change in cash received from customers for goods or services that have not yet been delivered or earned. Th...
Peer comparison
Common in technology and equipment sectors with long lead-time contracts.
Metric ID:
cf_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 from customers for work not yet completed.