Shopify (XSWX:SHOP) Current Deferred Revenue: CHF321 Mil (As of Mar. 2026)


XSWX:SHOP Shopify Inc XSWX:SHOP
85 GF Score
Price CHF98.83
GF Value CHF118.45
! 2 Warning Signs
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What is Shopify Current Deferred Revenue?

Shopify XSWX:SHOP +15.00% 85 Current Deferred Revenue is CHF321 Mil as of Mar. 2026. GuruFocus rates XSWX:SHOP with a GF Score™ of 85/100 and a GF Value™ of CHF118.45. The stock has 2 warning signs investors should review.

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Shopify's current deferred revenue for the quarter that ended in Mar. 2026 was CHF321 Mil.

Shopify Current Deferred Revenue Related Terms

Shopify Current Deferred Revenue Historical Data

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The historical data trend for Shopify's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shopify Current Deferred Revenue Chart

Shopify Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Deferred Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 216.79 296.00 302.00 283.00 300.00

Shopify Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Deferred Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 295.00 298.00 300.00 300.00 321.00
XSWX:SHOP
85GF Score
Shopify Inc XSWX:SHOP
Current Deferred Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a Current Deferred Revenue of CHF321 Mil mean?
Shopify (XSWX:SHOP) has a Current Deferred Revenue of CHF321 Mil as of Mar. 2026. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Shopify and its competitors.
Is Shopify's Current Deferred Revenue too high?
Shopify's current Current Deferred Revenue is CHF321 Mil. Overall, Shopify has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Shopify's Current Deferred Revenue compare to ?
Shopify's Current Deferred Revenue of CHF321 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Deferred Revenue for a Software company?
A good Current Deferred Revenue depends on the Software industry context. However, Current Deferred Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Deferred Revenue mean?
A high Current Deferred Revenue can signal that a stock is expensive relative to its fundamentals. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Shopify and its competitors. Shopify's current Current Deferred Revenue is CHF321 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shopify stock overvalued right now?
Shopify (XSWX:SHOP) has a current Current Deferred Revenue of CHF321 Mil. The stock's GF Value™ is CHF118.45, compared to a current price of CHF98.83 — trading 16.6% below its estimated fair value. The current Current Deferred Revenue is CHF321 Mil. Shopify's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Deferred Revenue calculated?
Current Deferred Revenue is calculated from a company's financial statements. For Shopify (XSWX:SHOP), the current Current Deferred Revenue is CHF321 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shopify (XSWX:SHOP) Overvalued in 2026?

Based on GuruFocus' analysis, Shopify stock appears to be undervalued. The current stock price of CHF98.83 is trading 16.6% below its estimated GF Value™ of CHF118.45.

Key valuation signals for XSWX:SHOP:

  • Current Deferred Revenue: CHF321 Mil
  • GF Value™: CHF118.45 vs. price of CHF98.83 (16.6% below fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the XSWX:SHOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shopify Business Description

Comparable Companies
Address 151 O\'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P 2L8
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
85GF Score

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Current Deferred Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF98.83
Price
CHF118.45
GF Value