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Shopify (SHOP) Payables (2016 - 2026)

Shopify (SHOP) has disclosed Payables for 12 consecutive years, with $1.1 billion as the latest value for Q4 2025.

  • For Q4 2025, Payables rose 45.86% year-over-year to $1.1 billion; the TTM value through Dec 2025 reached $1.1 billion, up 45.86%, while the annual FY2025 figure was $1.1 billion, 45.86% up from the prior year.
  • Payables hit $1.1 billion in Q4 2025 for Shopify, up from $974.0 million in the prior quarter.
  • Across five years, Payables topped out at $1.1 billion in Q4 2025 and bottomed at $456.7 million in Q4 2021.
  • Average Payables over 5 years is $747.6 million, with a median of $756.5 million recorded in 2024.
  • Year-over-year, Payables skyrocketed 51.83% in 2021 and then rose 6.83% in 2023.
  • Shopify's Payables stood at $456.7 million in 2021, then rose by 18.68% to $542.0 million in 2022, then grew by 6.83% to $579.0 million in 2023, then increased by 27.29% to $737.0 million in 2024, then soared by 45.86% to $1.1 billion in 2025.
  • According to Business Quant data, Payables over the past three periods came in at $1.1 billion, $974.0 million, and $841.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.