Shopify (SHOP) Total Liabilities (2014 - 2026)
Shopify (SHOP) recorded Total Liabilities of $1.79 billion in Q2 2026, down 26.7% from $2.44 billion a year earlier but up 10.2% from the prior quarter.
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Analysis
Shopify (SHOP) Total Liabilities (2014 - 2026) Analysis & Trends
At the end of FY2025, Shopify reported Total Liabilities of $1.72 billion, down 27.5% from FY2024.
- Annual Total Liabilities has a five-year compound annual growth rate of 4.7% (FY2020 to FY2025).
- Across earlier years, Total Liabilities came in at $2.37 billion in FY2024 (+6.0%), $2.23 billion in FY2023 (-11.3%), $2.52 billion in FY2022 (+14.1%) and $2.21 billion in FY2021 (+62.0%).
- Quarterly Total Liabilities has ranged from $1.62 billion in Q1 2026 to $2.53 billion in Q3 2025 over the past five years.
- On a year-over-year basis, Total Liabilities has declined for three consecutive quarters, with an average decline of 19.8% over the last four quarters.
- Per Business Quant, the preceding three quarters came in at $1.62 billion (Q1 2026), $1.72 billion (Q4 2025) and $2.53 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn | 281.50 Bn |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn | 188.74 Bn |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn | 28.30 Bn |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn | 125.97 Bn |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn | 1.79 Bn |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn | 37.58 Bn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - | 40.47 Bn |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn | 31.74 Bn |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn | 6.13 Bn |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn | 20.96 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.79 Bn |
| Mar 31, 2026 | 1.62 Bn |
| Dec 31, 2025 | 1.72 Bn |
| Sep 30, 2025 | 2.53 Bn |
| Jun 30, 2025 | 2.44 Bn |
| Mar 31, 2025 | 2.35 Bn |
| Dec 31, 2024 | 2.37 Bn |
| Dec 31, 2023 | 2.23 Bn |
| Dec 31, 2022 | 2.52 Bn |
| Dec 31, 2021 | 2.21 Bn |
| Dec 31, 2020 | 1.36 Bn |
| Dec 31, 2019 | 473.75 Mn |
| Dec 31, 2018 | 164.02 Mn |
| Dec 31, 2017 | 112.46 Mn |
| Dec 31, 2016 | 80.08 Mn |
| Dec 31, 2015 | 48.40 Mn |
| Dec 31, 2014 | 27.46 Mn |
API Access
Shopify Total Liabilities 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-liabilities&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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-liabilities&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();