Non-Current Assets
Deferred Tax Assets
Shopify Deferred Tax Assets increased by 152.7% to $139.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2680.0%, from $5.00M to $139.00M. Over 3 years (FY 2022 to FY 2025), Deferred Tax Assets shows a downward trend with a -12.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryOther
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase may signal future tax savings, while a decrease could indicate the utilization of tax credits or valuation allowance adjustments.
Detailed definition
This represents the future tax benefits that the company expects to realize due to deductible temporary differences or t...
Peer comparison
Standard accounting item; highly dependent on the company's specific tax jurisdiction and historical profitability.
Metric ID:
deferred_tax_assetsHistorical Data
17 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $46.75M | $46.75M | $46.75M | $46.75M | $250.00K | $250.00K | $250.00K | $6.00M | -$1.00M | -$2.00M | -$3.00M | $73.00M | $5.00M | $36.00M | $29.00M | $55.00M | $139.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -99.5% | +0.0% | +0.0% | >999% | -116.7% | -100.0% | -50.0% | >999% | -93.2% | +620.0% | -19.4% | +89.7% | +152.7% |
| YoY Change | — | — | — | — | -99.5% | -99.5% | -99.5% | -87.2% | -500.0% | -900.0% | <-999% | >999% | +600.0% | >999% | >999% | -24.7% | >999% |
Range-$3.00M – $139.00M
CAGR+31.3%
Avg YoY Growth+327.2%
Median YoY Growth-87.2%
Current Streak2 quarters growth
Deferred Tax Assets at Other Companies
Frequently Asked Questions
- What is Shopify's deferred tax assets?
- Shopify (SHOP) reported deferred tax assets of $139.00M in Q1 2026.
- How has Shopify's deferred tax assets changed year-over-year?
- Shopify's deferred tax assets increased by 2680.0% year-over-year, from $5.00M to $139.00M.
- What is the long-term trend for Shopify's deferred tax assets?
- Over 3 years (2022 to 2025), Shopify's deferred tax assets has grown at a -12.6% compound annual growth rate (CAGR), from $187.00M to $125.00M.
- What does deferred tax assets mean?
- Future tax savings that the company expects to realize based on past accounting or tax events.