Shopify (SHOP) Receivables - Net (2014 - 2026)
Shopify (SHOP) recorded quarterly Receivables - Net 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 - Net (2014 - 2026) Analysis & Trends
Shopify's Receivables - Net history runs 13 years deep, the most recent figure standing at $449.0 million for Q1 2026.
- In Q1 2026, Receivables - Net 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 - Net was $449.0 million for Q1 2026 at Shopify, down from $500.0 million in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $500.0 million in Q4 2025 to a low of $273.0 million in Q4 2022.
- Historically, Receivables - Net 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 - Net increased 3.3% in 2023, then soared 51.18% in 2026.
- A 5-year view of Receivables - Net 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 - Net 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) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 449.00 Mn |
| Mar 31, 2026 | 449.00 Mn |
| Dec 31, 2025 | 500.00 Mn |
| Dec 31, 2025 | 500.00 Mn |
| Sep 30, 2025 | 396.00 Mn |
| Sep 30, 2025 | 396.00 Mn |
| Jun 30, 2025 | 350.00 Mn |
| Jun 30, 2025 | 350.00 Mn |
| Mar 31, 2025 | 297.00 Mn |
| Mar 31, 2025 | 297.00 Mn |
| Dec 31, 2024 | 342.00 Mn |
| Dec 31, 2024 | 342.00 Mn |
| Dec 31, 2023 | 282.00 Mn |
| Dec 31, 2023 | 282.00 Mn |
| Dec 31, 2022 | 273.00 Mn |
| Dec 31, 2022 | 273.00 Mn |
| Dec 31, 2021 | 192.21 Mn |
| Dec 31, 2021 | 192.21 Mn |
| Dec 31, 2020 | 120.75 Mn |
| Dec 31, 2020 | 120.75 Mn |