Shopify SHOP
NASDAQ SHOP
$145.09 -0.79 (-0.54%)
At close: Sep 4, 2026 · 4:00 PM EDT

Shopify (SHOP) Other Working Capital Changes (2024 - 2026)

Shopify (SHOP) posted Other Working Capital Changes of $1.0 million for Q2 2026, down 98.57% on a QoQ basis from $70.0 million in Q1 2026, and down 97.14% year-over-year from $35.0 million in Q2 2025.

Analysis

Shopify (SHOP) Other Working Capital Changes (2024 - 2026) Analysis & Trends

Shopify has reported Other Working Capital Changes for 3 years, with the latest figure at $1.0 million in Q2 2026.

  • On a quarterly basis, Other Working Capital Changes fell 97.14% year-over-year to $1.0 million in Q2 2026; TTM through Jun 2026 was $49.0 million, a 288.46% increase from a year earlier, with the FY2025 full-year figure at $19.0 million, down 26.92% from the prior year.
  • Other Working Capital Changes was $1.0 million for Q2 2026 at Shopify, down from $70.0 million in the prior quarter.
  • The five-year high for Other Working Capital Changes was $72.0 million in Q2 2024, with the low at -$113.0 million in Q4 2024.
  • Average Other Working Capital Changes over 3 years is $11.6 million, with a median of $28.0 million recorded in 2024.
  • The largest YoY upside for Other Working Capital Changes was 1066.67% in 2026 against a maximum downside of 97.14% in 2026.
  • Over 3 years, Other Working Capital Changes stood at -$113.0 million in 2024, then rose by 18.58% to -$92.0 million in 2025, then surged by 101.09% to $1.0 million in 2026.
  • The last three Other Working Capital Changes figures came in at $1.0 million (Q2 2026), $70.0 million (Q1 2026), and -$92.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Shopify 187.92 Bn 182.98 Bn 1.71 Bn
2 Global-E Online 6.49 Bn 6.13 Bn 131.87 Mn
3 Vtex 624.51 Mn 438.62 Mn 51.71 Mn
4 Rezolve Ai 359.91 Mn 248.80 Mn -
5 Commerce.com 212.95 Mn 56.62 Mn 63.53 Mn
6 Baozun 154.04 Mn -65.26 Mn 302.56 Mn
7 BeLive Holdings 23.36 Mn 16.74 Mn -
8 Paid 20.26 Mn 19.18 Mn 1.22 Mn
9 Caro Holdings 11.71 Mn 11.71 Mn -
10 My Size 1.36 Mn 650,132.45 973,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.00 Mn
Jun 30, 2026 1.00 Mn
Mar 31, 2026 70.00 Mn
Mar 31, 2026 70.00 Mn
Dec 31, 2025 -92.00 Mn
Dec 31, 2025 -92.00 Mn
Sep 30, 2025 70.00 Mn
Sep 30, 2025 70.00 Mn
Jun 30, 2025 35.00 Mn
Jun 30, 2025 35.00 Mn
Mar 31, 2025 6.00 Mn
Mar 31, 2025 6.00 Mn
Dec 31, 2024 -113.00 Mn
Dec 31, 2024 -113.00 Mn
Sep 30, 2024 46.00 Mn
Sep 30, 2024 46.00 Mn
Jun 30, 2024 72.00 Mn
Jun 30, 2024 72.00 Mn
Mar 31, 2024 21.00 Mn
Mar 31, 2024 21.00 Mn