Shopify (SHOP) Receivables (2014 - 2026)

Shopify (SHOP) recorded quarterly Receivables of $449.0 million in Q1 2026, down 10.2% quarter-over-quarter from $500.0 million in Q4 2025, and up 51.18% on a YoY basis from $297.0 million in Q1 2025.

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

Shopify's Receivables history runs 13 years deep, the most recent figure standing at $449.0 million for Q1 2026.

  • In Q1 2026, Receivables rose 51.18% year-over-year to $449.0 million; the TTM figure through Mar 2026 stood at $449.0 million (up 51.18% YoY), while the FY2025 annual figure was $500.0 million, up 46.2% from the prior year.
  • Receivables was $449.0 million for Q1 2026 at Shopify, down from $500.0 million in the prior quarter.
  • In the past five years, Receivables ranged from a high of $500.0 million in Q4 2025 to a low of $273.0 million in Q4 2022.
  • Historically, Receivables has averaged $361.1 million across 5 years, with a median of $346.0 million in 2024.
  • The sharpest annual moves came in 2023 and 2026: Receivables increased 3.3% in 2023, then soared 51.18% in 2026.
  • A 5-year view of Receivables shows it stood at $273.0 million in 2022, then climbed by 3.3% to $282.0 million in 2023, then advanced by 21.28% to $342.0 million in 2024, then surged by 46.2% to $500.0 million in 2025, then fell by 10.2% to $449.0 million in 2026.
  • The last three Receivables figures came in at $449.0 million (Q1 2026), $500.0 million (Q4 2025), and $396.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 15.91 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 3.90 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 449.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 5.99 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.30 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 3.57 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 2.17 Bn
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn 601.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 449.00 Mn
Dec 31, 2025 500.00 Mn
Sep 30, 2025 396.00 Mn
Jun 30, 2025 350.00 Mn
Mar 31, 2025 297.00 Mn
Dec 31, 2024 342.00 Mn
Dec 31, 2023 282.00 Mn
Dec 31, 2022 273.00 Mn
Dec 31, 2021 192.21 Mn
Dec 31, 2020 128.32 Mn
Dec 31, 2019 96.28 Mn
Dec 31, 2018 46.46 Mn
Dec 31, 2017 21.94 Mn
Dec 31, 2016 9.60 Mn
Dec 31, 2015 6.09 Mn
Dec 31, 2014 7.23 Mn