Shopify (SHOP) Payables (2014 - 2026)

Shopify has reported Payables for 12 years, with the latest figure at $1.0 billion in Q1 2026.

• For the quarter ending Q1 2026, Payables rose 33.25% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $1.0 billion (up 33.25% YoY), and the FY2025 full-year result was $1.1 billion, up 45.86% from the prior year.
• Payables for Q1 2026 stood at $1.0 billion, down from $1.1 billion in the prior quarter.
• The five-year high for Payables was $1.1 billion in Q4 2025, with the low at -$34.8 million in Q1 2022.
• Average Payables over 4 years is $612.2 million, with a median of $663.0 million recorded in 2024.
• Peak annual rise in Payables reached 3337.15% in 2022, while the deepest fall reached 210.65% in 2022.
• Tracing SHOP's Payables over 4 years: stood at $392.3 million in 2022, then surged by 87.84% to $737.0 million in 2024, then soared by 45.86% to $1.1 billion in 2025, then declined by 3.81% to $1.0 billion in 2026.
• The last three Payables figures came in at $1.0 billion (Q1 2026), $1.1 billion (Q4 2025), and $974.0 million (Q3 2025), per Business Quant data.

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