Shopify (SHOP) Total Debt (2024 - 2025)

Shopify (SHOP) recorded quarterly Total Debt of $920.0 million in Q3 2025, little changed quarter-over-quarter from $919.0 million in Q2 2025.

Shopify (SHOP) Total Debt (2024 - 2025) Analysis & Trends

Shopify's Total Debt history runs 2 years deep, the most recent figure standing at $920.0 million for Q3 2025.

  • In Q3 2025, Total Debt changed N/A year-over-year to $920.0 million; the TTM figure through Sep 2025 stood at $920.0 million (changed N/A YoY), while the FY2024 annual figure was $918.0 million, changed N/A from the prior year.
  • Total Debt was $920.0 million for Q3 2025 at Shopify, roughly flat from $919.0 million in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $920.0 million in Q3 2025 to a low of $918.0 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 7.05 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 4.25 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 10.51 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 39.28 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 2.91 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 3.98 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 1.84 Bn
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2025 920.00 Mn
Jun 30, 2025 919.00 Mn
Mar 31, 2025 919.00 Mn
Dec 31, 2024 918.00 Mn