Shopify Inc. (SHOP)

Shopify Balance Sheet

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

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021
Cash & Equivalents	1,848	1,545	2,414	1,542	1,309	1,498	1,507	1,541	1,623	1,413	1,287	1,611	1,738	1,649	1,378	3,351	2,452	2,503	2,190	2,365
Short-Term Investments	3,895	4,233	3,935	4,278	4,205	3,981	3,388	3,480	3,554	3,595	3,631	3,169	3,125	3,404	3,563	3,604	4,795	5,265	5,329	5,391
Cash & Short-Term Investments	5,743	5,778	6,349	5,820	5,514	5,479	4,895	5,021	5,177	5,008	4,918	4,780	4,863	5,053	4,941	6,955	7,247	7,768	7,519	7,755
Cash Growth	4.15%	5.46%	29.70%	15.91%	6.51%	9.40%	-0.47%	5.04%	6.46%	-0.89%	-0.47%	-31.27%	-32.89%	-34.95%	-34.28%	-10.32%	-7.95%	21.61%	22.83%	93.84%
Accounts Receivable	449	500	396	350	297	342	281	275	265	282	248	262	276	273	241.18	238.72	225.25	192.21	151.77	153.4
Other Receivables	2,097	1,784	1,733	1,597	1,392	1,224	1,154	918	815	816	833	719	629	580	678.05	551	489.88	475.75	581.39	472.3
Total Trade Receivables	2,546	2,284	2,129	1,947	1,689	1,566	1,435	1,193	1,080	1,098	1,081	981	905	853	919.23	789.73	715.13	667.95	733.17	625.7
Other Current Assets	206	234	227	234	242	209	211	188	183	169	162	148	159	144	152.32	113.25	113.06	103.27	80.89	79.08
Total Current Assets	8,495	8,296	8,705	8,001	7,445	7,254	6,541	6,402	6,440	6,275	6,161	5,909	5,927	6,050	6,013	7,858	8,075	8,539	8,333	8,460
Net Property, Plant & Equipment	138	141	145	143	151	140	143	144	148	147	124	170	482	486	478.2	338.76	329.78	301.91	215.2	211.01
Other Intangible Assets	28	30	33	36	39	22	24	26	25	29	33	26	372	390	410.82	133.13	131.61	138.5	141.93	124.2
Goodwill	491	491	491	491	491	452	452	449	427	427	427	427	1,865	1,836	1,836	379.35	356.53	356.53	349.43	311.87
Long-Term Investments	4,822	6,159	5,613	5,831	5,153	5,998	4,348	4,281	4,029	4,377	3,680	3,132	2,277	1,954	2,422	1,994	2,895	3,956	4,445	2,796
Other Long-Term Assets	147	72	52	59	121	58	39	44	43	44	39	39	41	41	43.25	44.76	47.06	48.37	52.07	52.11
Total Assets	14,121	15,189	15,039	14,561	13,400	13,924	12,329	11,346	11,112	11,299	10,464	9,703	10,964	10,757	11,203	10,748	11,835	13,340	13,537	11,956
Accounts Payable	1,034	1,075	974	841	776	737	613	559	589	579	533	554	535	542	596.11	419.41	406.65	456.69	350.59	289.54
Short-Term Debt	-	-	920	919	919	918	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Portion of Leases	16	17	19	20	19	18	18	17	17	17	15	16	24	18	17.02	25.67	19.34	15.75	15.62	15.84
Unearned Revenue	321	300	300	298	295	283	290	298	296	302	304	310	324	296	287.63	254.01	247.65	216.79	203.85	183.16
Other Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.46	4.13	8.29	13.51	26.5	22.54
Total Current Liabilities	1,371	1,392	2,213	2,078	2,009	1,956	921	874	902	898	852	880	883	856	905.22	703.21	681.93	702.73	596.56	511.08
Long-Term Debt	-	-	-	-	-	-	917	917	916	916	915	914	914	913	912.72	912.14	911.55	910.96	910.38	909.79
Long-Term Leases	163	171	176	200	200	190	206	203	212	217	192	204	461	465	369.13	254.42	264.53	246.78	174.19	151.16
Other Long-Term Liabilities	86	153	139	159	140	220	167	180	189	202	221	242	249	284	323.2	160.74	186.85	346.36	485.12	263.1
Total Long-Term Liabilities	249	324	315	359	340	410	1,290	1,300	1,317	1,335	1,328	1,360	1,624	1,662	1,605	1,327	1,363	1,504	1,570	1,324
Total Liabilities	1,620	1,716	2,528	2,437	2,349	2,366	2,211	2,174	2,219	2,233	2,180	2,240	2,507	2,518	2,510	2,031	2,045	2,207	2,166	1,835
Common Stock	9,971	10,376	10,123	9,985	9,831	9,634	9,474	9,368	9,283	9,201	9,098	9,019	8,886	8,747	8,653	8,245	8,151	8,040	7,931	7,838
Additional Paid-in Capital	255	236	272	281	279	305	309	301	277	251	239	205	32	30	-23.41	221.86	174.57	161.07	136.02	118.4
Accumulated Other Comprehensive Income	-4	1	-1	5	-6	-10	-1	-5	-4	4	-6	4	-7	-16	-38.01	-9.12	0.41	-5.97	-5.89	3.3
Retained Earnings	2,279	2,860	2,117	1,853	947	1,629	336	-492	-663	-390	-1,047	-1,765	-454	-522	101.42	259.83	1,464	2,938	3,309	2,161
Shareholders' Equity	12,501	13,473	12,511	12,124	11,051	11,558	10,118	9,172	8,893	9,066	8,284	7,463	8,457	8,239	8,693	8,717	9,790	11,133	11,370	10,121
Total Liabilities & Equity	14,121	15,189	15,039	14,561	13,400	13,924	12,329	11,346	11,112	11,299	10,464	9,703	10,964	10,757	11,203	10,748	11,835	13,340	13,537	11,956
Total Debt	179	188	1,115	1,139	1,138	1,126	1,141	1,137	1,145	1,150	1,122	1,134	1,399	1,396	1,299	1,192	1,195	1,173	1,100	1,077
Net Cash (Debt)	5,564	5,590	5,234	4,681	4,376	4,353	3,754	3,884	4,032	3,858	3,796	3,646	3,464	3,657	3,643	5,763	6,051	6,595	6,419	6,679
Net Cash Growth	27.15%	28.42%	39.42%	20.52%	8.53%	12.83%	-1.11%	6.53%	16.40%	5.50%	4.21%	-36.73%	-42.76%	-44.55%	-43.25%	-13.72%	-10.93%	20.45%	23.00%	73.57%
Net Cash Per Share	4.26	4.28	4.00	3.59	3.36	3.35	2.90	3.00	3.13	2.98	2.95	2.85	2.72	2.89	2.89	4.56	4.78	5.18	5.06	5.29
Book Value	12,501	13,473	12,511	12,124	11,051	11,558	10,118	9,172	8,893	9,066	8,284	7,463	8,457	8,239	8,693	8,717	9,790	11,133	11,370	10,121
Book Value Per Share	9.57	10.32	9.56	9.29	8.48	8.88	7.80	7.08	6.89	7.00	6.45	5.84	6.64	6.51	6.89	6.90	7.73	8.74	8.97	8.02
Tangible Book Value	11,982	12,952	11,987	11,597	10,521	11,084	9,642	8,697	8,441	8,610	7,824	7,010	6,220	6,013	6,446	8,205	9,301	10,638	10,879	9,684
Tangible Book Value Per Share	9.17	9.93	9.16	8.89	8.07	8.52	7.44	6.72	6.54	6.65	6.09	5.48	4.88	4.75	5.11	6.49	7.34	8.35	8.58	7.68

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q