Shopify (SHOP) Receivables - Net (2014 - 2026)

Shopify's (SHOP) quarterly Receivables - Net came in at $449.0 million in Q1 2026, up 51.18% year-on-year from $297.0 million in Q1 2025, and down 10.2% quarter-over-quarter from $500.0 million in Q4 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.

  • On a quarterly basis, Receivables - Net rose 51.18% year-over-year to $449.0 million in Q1 2026; TTM through Mar 2026 was $449.0 million, a 51.18% increase from a year earlier, with the FY2025 full-year figure at $500.0 million, up 46.2% from the prior year.
  • Receivables - Net declined to $449.0 million in Q1 2026 per SHOP's latest filing, from $500.0 million in the prior quarter.
  • Across five years, Receivables - Net topped out at $500.0 million in Q4 2025 and bottomed at $273.0 million in Q4 2022.
  • The 5-year median for Receivables - Net is $346.0 million (2024), against an average of $361.1 million.
  • Across the five-year window, Receivables - Net gained 3.3% in 2023 and surged 51.18% in 2026, its largest moves.
  • Year by year, Receivables - Net 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.
  • Per Business Quant, the three latest SHOP Receivables - Net figures stand at $449.0 million (Q1 2026), $500.0 million (Q4 2025), and $396.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn

Historic Data

Download Data
DateValue
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