Shopify (SHOP) Total Liabilities (2014 - 2026)

Shopify's Total Liabilities history runs 13 years deep, the most recent figure standing at $1.6 billion for Q1 2026.

• In Q1 2026, Total Liabilities fell 31.03% year-over-year to $1.6 billion; the TTM figure through Mar 2026 stood at $1.6 billion (down 31.03% YoY), while the FY2025 annual figure was $1.7 billion, down 27.47% from the prior year.
• Total Liabilities was $1.6 billion for Q1 2026 at Shopify, down from $1.7 billion in the prior quarter.
• In the past five years, Total Liabilities ranged from a high of $2.5 billion in Q3 2025 to a low of -$10.1 billion in Q3 2024.
• Historically, Total Liabilities has averaged -$946.9 million across 5 years, with a median of $2.2 billion in 2023.
• The sharpest annual moves came in 2025 and 2026: Total Liabilities soared 126.57% in 2025, then tumbled 31.03% in 2026.
• A 5-year view of Total Liabilities shows it stood at $2.5 billion in 2022, then fell by 11.32% to $2.2 billion in 2023, then advanced by 5.96% to $2.4 billion in 2024, then slipped by 27.47% to $1.7 billion in 2025, then dropped 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.