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

Shopify (SHOP) Payables (2014 - 2026)

Shopify (SHOP) posted Payables of $1.1 billion for Q2 2026, up 7.83% on a QoQ basis from $1.0 billion in Q1 2026, and up 32.58% year-over-year from $841.0 million in Q2 2025.

Analysis

Shopify (SHOP) Payables (2014 - 2026) Analysis & Trends

Shopify has reported Payables for 13 years, with the latest figure at $1.1 billion in Q2 2026.

  • On a quarterly basis, Payables rose 32.58% year-over-year to $1.1 billion in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 32.58% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 45.86% from the prior year.
  • Payables was $1.1 billion for Q2 2026 at Shopify, up from $1.0 billion in the prior quarter.
  • The five-year high for Payables was $1.1 billion in Q2 2026, with the low at $542.0 million in Q4 2022.
  • Average Payables over 5 years is $852.6 million, with a median of $841.0 million recorded in 2025.
  • The sharpest annual moves came in 2023 and 2025: Payables rose 6.83% in 2023, then surged 45.86% in 2025.
  • Over 5 years, Payables stood at $542.0 million in 2022, then grew by 6.83% to $579.0 million in 2023, then advanced by 27.29% to $737.0 million in 2024, then soared by 45.86% to $1.1 billion in 2025, then advanced by 3.72% to $1.1 billion in 2026.
  • The last three Payables figures came in at $1.1 billion (Q2 2026), $1.0 billion (Q1 2026), and $1.1 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Shopify 187.92 Bn 182.98 Bn 1.71 Bn 1.12 Bn
2 Global-E Online 6.49 Bn 6.13 Bn 131.87 Mn 80.77 Mn
3 Vtex 624.51 Mn 438.62 Mn 51.71 Mn 34.96 Mn
4 Rezolve Ai 359.91 Mn 248.80 Mn - 36.14 Mn
5 Commerce.com 212.95 Mn 56.62 Mn 63.53 Mn 9.32 Mn
6 Baozun 154.04 Mn -65.26 Mn 302.56 Mn 66.79 Mn
7 BeLive Holdings 23.36 Mn 16.74 Mn - 366,460.18
8 Paid 20.26 Mn 19.18 Mn 1.22 Mn 1.58 Mn
9 Caro Holdings 11.71 Mn 11.71 Mn - 829,477.00
10 My Size 1.36 Mn 650,132.45 973,000.00 1.92 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.12 Bn
Mar 31, 2026 1.03 Bn
Dec 31, 2025 1.08 Bn
Sep 30, 2025 974.00 Mn
Jun 30, 2025 841.00 Mn
Mar 31, 2025 776.00 Mn
Dec 31, 2024 737.00 Mn
Dec 31, 2023 579.00 Mn
Dec 31, 2022 542.00 Mn
Dec 31, 2021 456.69 Mn
Dec 31, 2020 300.80 Mn
Dec 31, 2019 181.19 Mn
Dec 31, 2018 96.96 Mn
Dec 31, 2017 62.58 Mn
Dec 31, 2016 45.06 Mn
Dec 31, 2015 23.69 Mn
Dec 31, 2014 12.51 Mn