Shopify Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	1,848	1,545	1,498	1,413	1,649	2,503
Short-Term Investments	3,895	4,233	3,981	3,595	3,404	5,265
Cash & Short-Term Investments	5,743	5,778	5,479	5,008	5,053	7,768
Cash Growth	4.15%	5.46%	9.40%	-0.89%	-34.95%	21.61%
Accounts Receivable	449	500	342	282	273	192.21
Other Receivables	2,097	1,784	1,224	816	580	475.75
Total Trade Receivables	2,546	2,284	1,566	1,098	853	667.95
Other Current Assets	206	234	209	169	144	103.27
Total Current Assets	8,495	8,296	7,254	6,275	6,050	8,539
Net Property, Plant & Equipment	138	141	140	147	486	301.91
Other Intangible Assets	28	30	22	29	390	138.5
Goodwill	491	491	452	427	1,836	356.53
Long-Term Investments	4,822	6,159	5,998	4,377	1,954	3,956
Other Long-Term Assets	147	72	58	44	41	48.37
Total Assets	14,121	15,189	13,924	11,299	10,757	13,340
Accounts Payable	1,034	1,075	737	579	542	456.69
Short-Term Debt	-	-	918	-	-	-
Current Portion of Leases	16	17	18	17	18	15.75
Unearned Revenue	321	300	283	302	296	216.79
Other Current Liabilities	-	-	-	-	-	13.51
Total Current Liabilities	1,371	1,392	1,956	898	856	702.73
Long-Term Debt	-	-	-	916	913	910.96
Long-Term Leases	163	171	190	217	465	246.78
Other Long-Term Liabilities	86	153	220	202	284	346.36
Total Long-Term Liabilities	249	324	410	1,335	1,662	1,504
Total Liabilities	1,620	1,716	2,366	2,233	2,518	2,207
Common Stock	9,971	10,376	9,634	9,201	8,747	8,040
Additional Paid-in Capital	255	236	305	251	30	161.07
Accumulated Other Comprehensive Income	-4	1	-10	4	-16	-5.97
Retained Earnings	2,279	2,860	1,629	-390	-522	2,938
Shareholders' Equity	12,501	13,473	11,558	9,066	8,239	11,133
Total Liabilities & Equity	14,121	15,189	13,924	11,299	10,757	13,340
Total Debt	179	188	1,126	1,150	1,396	1,173
Net Cash (Debt)	5,564	5,590	4,353	3,858	3,657	6,595
Net Cash Growth	-0.46%	28.42%	12.83%	5.50%	-44.55%	20.45%
Net Cash Per Share	4.26	4.28	3.35	2.98	2.89	5.18
Book Value	12,501	13,473	11,558	9,066	8,239	11,133
Book Value Per Share	9.57	10.32	8.88	7.00	6.51	8.74
Tangible Book Value	11,982	12,952	11,084	8,610	6,013	10,638
Tangible Book Value Per Share	9.17	9.93	8.52	6.65	4.75	8.35

SEC Filings: 10-K · 10-Q