Shopify (SHOP) Liabilities and Shareholders Equity (2014 - 2026)

Shopify (SHOP) recorded quarterly Liabilities and Shareholders Equity of $14.1 billion in Q1 2026, down 7.03% quarter-over-quarter from $15.2 billion in Q4 2025, and up 5.38% on a YoY basis from $13.4 billion in Q1 2025.

Shopify (SHOP) Liabilities and Shareholders Equity (2014 - 2026) Analysis & Trends

Shopify's Liabilities and Shareholders Equity history runs 13 years deep, the most recent figure standing at $14.1 billion for Q1 2026.

  • In Q1 2026, Liabilities and Shareholders Equity rose 5.38% year-over-year to $14.1 billion; the TTM figure through Mar 2026 stood at $58.9 billion (up 115.6% YoY), while the FY2025 annual figure was $15.2 billion, up 9.09% from the prior year.
  • Liabilities and Shareholders Equity was $14.1 billion for Q1 2026 at Shopify, down from $15.2 billion in the prior quarter.
  • In the past five years, Liabilities and Shareholders Equity ranged from a high of $15.2 billion in Q4 2025 to a low of $10.8 billion in Q4 2022.
  • Historically, Liabilities and Shareholders Equity has averaged $13.5 billion across 5 years, with a median of $14.0 billion in 2024.
  • The sharpest annual moves came in 2022 and 2024: Liabilities and Shareholders Equity retreated 19.36% in 2022, then rose 23.23% in 2024.
  • A 5-year view of Liabilities and Shareholders Equity shows it stood at $10.8 billion in 2022, then rose by 5.04% to $11.3 billion in 2023, then grew by 23.23% to $13.9 billion in 2024, then rose by 9.09% to $15.2 billion in 2025, then decreased by 7.03% to $14.1 billion in 2026.
  • The last three Liabilities and Shareholders Equity figures came in at $14.1 billion (Q1 2026), $15.2 billion (Q4 2025), and $15.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Liabilities and Shareholders Equity (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 86.01 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 6.47 Bn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 59.89 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 14.12 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 106.68 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 12.10 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 24.38 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 64.48 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 29.93 Bn
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn 8.55 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.12 Bn
Dec 31, 2025 15.19 Bn
Sep 30, 2025 15.04 Bn
Jun 30, 2025 14.56 Bn
Mar 31, 2025 13.40 Bn
Dec 31, 2024 13.92 Bn
Dec 31, 2023 11.30 Bn
Dec 31, 2022 10.76 Bn
Dec 31, 2021 13.34 Bn
Dec 31, 2020 7.76 Bn
Dec 31, 2019 3.49 Bn
Dec 31, 2018 2.25 Bn
Dec 31, 2017 1.11 Bn
Dec 31, 2016 490.56 Mn
Dec 31, 2015 243.71 Mn
Dec 31, 2014 95.19 Mn