Shopify (SHOP) Payables (2014 - 2026)

Shopify's Payables history runs 13 years deep, the most recent figure standing at $1.0 billion for Q1 2026.

• On a quarterly basis, Payables rose 33.25% year-over-year to $1.0 billion in Q1 2026; TTM through Mar 2026 was $1.0 billion, a 33.25% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 45.86% from the prior year.
• Payables slipped to $1.0 billion in Q1 2026 per SHOP's latest filing, from $1.1 billion in the prior quarter.
• Across five years, Payables topped out at $1.1 billion in Q4 2025 and bottomed at $542.0 million in Q4 2022.
• The 5-year median for Payables is $808.5 million (2025), against an average of $819.8 million.
• Across the five-year window, Payables gained 6.83% in 2023 and soared 45.86% in 2025, its largest moves.
• Year by year, Payables stood at $542.0 million in 2022, then climbed by 6.83% to $579.0 million in 2023, then gained by 27.29% to $737.0 million in 2024, then surged by 45.86% to $1.1 billion in 2025, then dropped by 3.81% to $1.0 billion in 2026.
• Per Business Quant, the three latest SHOP Payables figures stand at $1.0 billion (Q1 2026), $1.1 billion (Q4 2025), and $974.0 million (Q3 2025).