Growth Metrics

Shopify (SHOP) Total Liabilities (2014 - 2026)

Shopify's quarterly Total Liabilities came in at $1.6 billion in Q1 2026, down 31.03% year-on-year from $2.3 billion in Q1 2025, and down 5.59% quarter-over-quarter from $1.7 billion in Q4 2025.

Shopify has reported Total Liabilities for 13 years, with the latest figure at $1.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Total Liabilities fell 31.03% year-over-year to $1.6 billion; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (down 31.03% YoY), and the FY2025 full-year result was $1.7 billion, down 27.47% from the prior year.
  • Total Liabilities for Q1 2026 stood at $1.6 billion, down from $1.7 billion in the prior quarter.
  • The five-year high for Total Liabilities was $2.5 billion in Q3 2025, with the low at -$10.1 billion in Q3 2024.
  • Average Total Liabilities over 5 years is $837.3 million, with a median of $2.2 billion recorded in 2024.
  • Year-over-year, Total Liabilities surged 810.75% in 2023 and tumbled 31.03% in 2026.
  • Tracing SHOP's Total Liabilities over 5 years: stood at -$314.2 million in 2022, then surged by 810.75% to $2.2 billion in 2023, then climbed by 5.96% to $2.4 billion in 2024, then dropped by 27.47% to $1.7 billion in 2025, then declined by 5.59% to $1.6 billion in 2026.
  • The last three Total Liabilities figures came in at $1.6 billion (Q1 2026), $1.7 billion (Q4 2025), and $2.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 32.90 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 53.16 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 34.07 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.62 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 12.65 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 5.54 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 18.27 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 58.13 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 18.70 Bn
10 Datadog 78.54 Bn 73.78 Bn 797.20 Mn 2.96 Bn

Historic Data

Download Data 🔒
DateValue
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
Sep 30, 2024 -10.12 Bn
Jun 30, 2024 2.17 Bn
Mar 31, 2024 2.22 Bn
Dec 31, 2023 2.23 Bn
Dec 31, 2022 -314.18 Mn
Dec 31, 2021 -549.76 Mn
Dec 31, 2020 -446.15 Mn
Dec 31, 2019 -372.46 Mn
Dec 31, 2018 -382.50 Mn
Dec 31, 2017 -124.57 Mn
Dec 31, 2016 -42.71 Mn
Dec 31, 2015 48.40 Mn
Dec 31, 2014 27.46 Mn