Growth Metrics

Shopify (SHOP) Total Liabilities (2016 - 2026)

Shopify (SHOP) has disclosed Total Liabilities for 12 consecutive years, with $1.7 billion as the latest value for Q4 2025.

  • For Q4 2025, Total Liabilities fell 27.47% year-over-year to $1.7 billion; the TTM value through Dec 2025 reached $1.7 billion, down 27.47%, while the annual FY2025 figure was $1.7 billion, 27.47% down from the prior year.
  • Total Liabilities hit $1.7 billion in Q4 2025 for Shopify, down from $2.5 billion in the prior quarter.
  • Across five years, Total Liabilities topped out at $2.5 billion in Q3 2025 and bottomed at -$10.1 billion in Q3 2024.
  • Average Total Liabilities over 5 years is -$893.5 million, with a median of $2.2 billion recorded in 2023.
  • On a YoY basis, Total Liabilities climbed as much as 126.57% in 2025 and fell as far as 27.47% in 2025.
  • Shopify's Total Liabilities stood at $2.2 billion in 2021, then rose by 14.08% to $2.5 billion in 2022, then dropped by 11.32% to $2.2 billion in 2023, then rose by 5.96% to $2.4 billion in 2024, then dropped by 27.47% to $1.7 billion in 2025.
  • According to Business Quant data, Total Liabilities over the past three periods came in at $1.7 billion, $2.5 billion, and $2.4 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.