Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
147.37
-5.53 (-3.62%)
At close: Aug 31, 2026, 4:00 PM EDT
145.86
-1.51 (-1.02%)
Pre-market: Sep 1, 2026, 5:35 AM EDT
Shopify Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 1,656 | 1,545 | 1,498 | 1,413 | 1,649 | 2,503 |
Short-Term Investments | 3,291 | 4,302 | 4,016 | 3,626 | 3,438 | 5,287 |
Cash & Short-Term Investments | 4,947 | 5,847 | 5,514 | 5,039 | 5,087 | 7,790 |
Cash Growth | -15.00% | 6.04% | 9.43% | -0.94% | -34.70% | 21.76% |
Accounts Receivable | 364 | 327 | 252 | 194 | 203 | 127.14 |
Other Receivables | 118 | 207 | 122 | 98 | 75 | 70.1 |
Receivables | 2,274 | 1,995 | 1,395 | 964 | 487 | 266.93 |
Inventory | - | 21 | 26 | 19 | - | - |
Prepaid Expenses | - | 55 | 59 | 55 | 48 | 49.92 |
Other Current Assets | 595 | 378 | 260 | 198 | 428 | 432.84 |
Total Current Assets | 7,816 | 8,296 | 7,254 | 6,275 | 6,050 | 8,539 |
Property, Plant & Equipment | 143 | 141 | 140 | 147 | 486 | 301.91 |
Long-Term Investments | 5,938 | 6,159 | 5,998 | 4,377 | 1,954 | 3,956 |
Goodwill | 491 | 491 | 452 | 427 | 1,836 | 356.53 |
Other Intangible Assets | 27 | 30 | 22 | 29 | 390 | 138.5 |
Long-Term Accounts Receivable | 5 | 12 | - | - | - | - |
Long-Term Deferred Tax Assets | 30 | 33 | 37 | 44 | 41 | 48.37 |
Other Long-Term Assets | 20 | 27 | 21 | - | - | - |
Total Assets | 14,470 | 15,189 | 13,924 | 11,299 | 10,757 | 13,340 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 1,104 | 570 | 360 | 364 | 364 | 284.01 |
Accrued Expenses | - | 263 | 220 | 128 | 115 | 138.09 |
Current Portion of Long-Term Debt | - | - | 918 | - | - | - |
Current Portion of Leases | 10 | 17 | 18 | 17 | 18 | 15.75 |
Current Income Taxes Payable | - | 156 | 58 | 18 | 9 | 13.51 |
Current Unearned Revenue | 335 | 300 | 283 | 302 | 296 | 216.79 |
Other Current Liabilities | 11 | 86 | 99 | 69 | 54 | 34.59 |
Total Current Liabilities | 1,460 | 1,392 | 1,956 | 898 | 856 | 702.73 |
Long-Term Debt | - | - | - | 916 | 913 | 910.96 |
Long-Term Leases | 168 | 171 | 190 | 217 | 465 | 246.78 |
Long-Term Unearned Revenue | 79 | 98 | 147 | 196 | 268 | 162.93 |
Long-Term Deferred Tax Liabilities | 79 | 55 | 73 | 6 | 16 | 183.43 |
Total Liabilities | 1,786 | 1,716 | 2,366 | 2,233 | 2,518 | 2,207 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 8,636 | 10,376 | 9,634 | 9,201 | 8,747 | 8,040 |
Additional Paid-In Capital | 274 | 236 | 305 | 251 | 30 | 161.07 |
Retained Earnings | 3,781 | 2,860 | 1,629 | -390 | -522 | 2,938 |
Comprehensive Income & Other | -7 | 1 | -10 | 4 | -16 | -5.97 |
Shareholders' Equity | 12,684 | 13,473 | 11,558 | 9,066 | 8,239 | 11,133 |
Total Liabilities & Equity | 14,470 | 15,189 | 13,924 | 11,299 | 10,757 | 13,340 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 178 | 188 | 1,126 | 1,150 | 1,396 | 1,173 |
Net Cash (Debt) | 5,294 | 6,634 | 5,097 | 4,004 | 3,691 | 6,616 |
Net Cash Growth | -3.96% | 30.15% | 27.30% | 8.48% | -44.21% | 20.64% |
Net Cash Per Share | 4.07 | 5.08 | 3.92 | 3.09 | 2.91 | 5.19 |
Filing Date Shares Outstanding | 1,287 | 1,304 | 1,295 | 1,287 | 1,277 | 1,260 |
Total Common Shares Outstanding | 1,289 | 1,304 | 1,295 | 1,287 | 1,275 | 1,260 |
Working Capital | 6,356 | 6,904 | 5,298 | 5,377 | 5,194 | 7,837 |
Book Value Per Share | 9.84 | 10.33 | 8.93 | 7.05 | 6.46 | 8.84 |
Tangible Book Value | 12,166 | 12,952 | 11,084 | 8,610 | 6,013 | 10,638 |
Tangible Book Value Per Share | 9.44 | 9.93 | 8.56 | 6.69 | 4.72 | 8.45 |
Machinery | - | 69 | 68 | 63 | 102 | 73.74 |
Leasehold Improvements | - | 159 | 149 | 142 | 182 | 159.13 |