Shopify (SHOP) Total Debt (2024 - 2025)
Shopify (SHOP) posted Total Debt of $920.0 million for Q3 2025, little changed on a QoQ basis from $919.0 million in Q2 2025.
Powered by 
Analysis
Shopify (SHOP) Total Debt (2024 - 2025) Analysis & Trends
Shopify has reported Total Debt for 2 years, with the latest figure at $920.0 million in Q3 2025.
- On a quarterly basis, Total Debt changed N/A year-over-year to $920.0 million in Q3 2025; TTM through Sep 2025 was $920.0 million, a N/A change from a year earlier, with the FY2024 full-year figure at $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.
- The five-year high for Total Debt was $920.0 million in Q3 2025, with the low at $918.0 million in Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn | 98.17 Bn |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn | 83.66 Bn |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn | 14.31 Bn |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn | 25.22 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn | 12.72 Bn |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - | 20.18 Bn |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn | - |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn | 3.52 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 920.00 Mn |
| Jun 30, 2025 | 919.00 Mn |
| Mar 31, 2025 | 919.00 Mn |
| Dec 31, 2024 | 918.00 Mn |
API Access
Shopify Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "SHOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();