Shopify SHOP
NASDAQ SHOP
$145.09 -0.79 (-0.54%)
At close: Sep 4, 2026 · 4:00 PM EDT

Shopify (SHOP) Total Liabilities (2014 - 2026)

Shopify (SHOP) posted Total Liabilities of $1.8 billion for Q2 2026, up 10.25% on a QoQ basis from $1.6 billion in Q1 2026, and down 26.71% year-over-year from $2.4 billion in Q2 2025.

Analysis

Shopify (SHOP) Total Liabilities (2014 - 2026) Analysis & Trends

Shopify has reported Total Liabilities for 13 years, with the latest figure at $1.8 billion in Q2 2026.

  • On a quarterly basis, Total Liabilities fell 26.71% year-over-year to $1.8 billion in Q2 2026; TTM through Jun 2026 was $1.8 billion, a 26.71% decrease from a year earlier, with the FY2025 full-year figure at $1.7 billion, down 27.47% from the prior year.
  • Total Liabilities was $1.8 billion for Q2 2026 at Shopify, up from $1.6 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 -$719.2 million, with a median of $2.0 billion recorded in 2023.
  • The sharpest annual moves came in 2025 and 2026: Total Liabilities jumped 126.57% in 2025, then slumped 31.03% in 2026.
  • Over 5 years, Total Liabilities stood at $2.5 billion in 2022, then retreated by 11.32% 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 climbed by 4.08% to $1.8 billion in 2026.
  • The last three Total Liabilities figures came in at $1.8 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 Shopify 187.92 Bn 182.98 Bn 1.71 Bn 1.79 Bn
2 Global-E Online 6.49 Bn 6.13 Bn 131.87 Mn 451.60 Mn
3 Vtex 624.51 Mn 438.62 Mn 51.71 Mn 116.51 Mn
4 Rezolve Ai 359.91 Mn 248.80 Mn - 364.92 Mn
5 Commerce.com 212.95 Mn 56.62 Mn 63.53 Mn 273.21 Mn
6 Baozun 154.04 Mn -65.26 Mn 302.56 Mn 597.78 Mn
7 BeLive Holdings 23.36 Mn 16.74 Mn - 415,809.54
8 Paid 20.26 Mn 19.18 Mn 1.22 Mn 2.74 Mn
9 Caro Holdings 11.71 Mn 11.71 Mn - 1.06 Mn
10 My Size 1.36 Mn 650,132.45 973,000.00 4.14 Mn
Historic Data

Historic Data

Download Data
DateValue
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
Sep 30, 2024 -10.12 Bn
Jun 30, 2024 -9.17 Bn
Mar 31, 2024 -8.89 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