Shopify (SHOP) Cash & Equivalents (2014 - 2026)
Shopify (SHOP) posted Cash & Equivalents of $1.87 billion for Q3 2026, down 22.6% from $2.41 billion a year earlier but up 12.8% from the prior quarter.
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Analysis
Shopify (SHOP) Cash & Equivalents (2014 - 2026) Analysis & Trends
At the end of FY2025, Shopify's Cash & Equivalents came in at $1.55 billion, up 3.1% from FY2024.
- Annual Cash & Equivalents shows a five-year compound annual growth rate of -10.6% (FY2020 to FY2025).
- In prior years, Shopify's Cash & Equivalents was $1.5 billion in FY2024 (+6.0%), $1.41 billion in FY2023 (-14.3%), $1.65 billion in FY2022 (-34.1%) and $2.5 billion in FY2021 (-7.4%).
- Quarterly Cash & Equivalents has run from a low of $1.31 billion in Q1 2025 to a high of $2.5 billion in Q4 2021 over five years.
- On a year-over-year basis, Cash & Equivalents increased in four of the last five quarters, with growth averaging 7.0%.
- The strongest year-over-year quarter for Cash & Equivalents in the past five years was Q1 2026, with growth of 41.2%; the weakest was Q4 2022, with a decline of 34.1%.
- According to Business Quant data, Cash & Equivalents for the three prior quarters was $1.66 billion (Q2 2026), $1.85 billion (Q1 2026) and $1.55 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 56.33 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 11.22 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 8.19 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 21.06 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 1.87 Bn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 9.56 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 3.17 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 6.84 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 15.81 Bn |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | 19.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.87 Bn |
| Jun 30, 2026 | 1.66 Bn |
| Mar 31, 2026 | 1.85 Bn |
| Dec 31, 2025 | 1.55 Bn |
| Sep 30, 2025 | 2.41 Bn |
| Jun 30, 2025 | 1.54 Bn |
| Mar 31, 2025 | 1.31 Bn |
| Dec 31, 2024 | 1.50 Bn |
| Dec 31, 2023 | 1.41 Bn |
| Dec 31, 2022 | 1.65 Bn |
| Dec 31, 2021 | 2.50 Bn |
| Dec 31, 2020 | 2.70 Bn |
| Dec 31, 2019 | 649.92 Mn |
| Dec 31, 2018 | 410.68 Mn |
| Dec 31, 2017 | 141.68 Mn |
| Dec 31, 2016 | 84.01 Mn |
| Dec 31, 2015 | 110.07 Mn |
| Dec 31, 2014 | 41.95 Mn |
API Access
Shopify Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "SHOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();