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Shopify Inc. (SHOP)
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SHOP Balance Sheet

Assets, liabilities, and equity analysis

SHOP Quarterly Balance Sheet (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
Total Current Assets
8.523B8.523B8.296B8.697B8.019B7.445B7.254B6.541B6.402B
1.854B1.854B1.534B2.412B1.545B1.309B1.498B1.507B1.541B
Short-Term Investments
3.908B3.908B4.233B3.931B4.288B4.205B3.981B3.388B3.480B
Cash & Short-Term Investments
5.762B5.762B5.767B6.343B5.833B5.514B5.479B4.895B5.021B
2.554B2.554B2.370B2.127B1.951B1.689B1.655B1.435B1.193B
0.000.0021.000M0.000.000.0026.000M0.000.00
Total Assets
14.167B14.167B15.189B15.024B14.593B13.400B13.924B12.329B11.346B
138.454M138.454M141.000M144.859M143.318M151.000M140.000M143.000M144.000M
492.615M492.615M491.000M490.521M492.093M491.000M452.000M452.000M449.000M
Intangible Assets
28.092M28.092M30.000M32.968M36.080M39.000M22.000M24.000M26.000M
Long-Term Investments
4.838B4.838B6.159B5.608B5.844B5.153B5.998B5.130B4.281B
Total Current Liabilities
1.376B1.376B1.392B2.211B2.083B2.009B1.956B921.000M874.000M
1.031B1.031B570.000M969.054M840.867M776.000M360.000M612.000M0.00
16.053M16.053M0.00920.000M919.000M919.000M918.000M0.000.00
Total Liabilities
1.625B1.625B1.716B2.528B2.442B2.349B2.366B2.211B2.174B
0.000.000.000.000.000.000.00917.000M917.000M
179.589M179.589M188.000M1.115B1.142B1.138B1.126B1.141B1.137B
Net Debt (Cash)
-1.674B-1.674B-1.346B-1.298B-403.897M-171.000M-372.000M-366.000M-404.000M
Total Shareholders' Equity
12.542B12.542B13.473B12.499B12.151B11.051B11.558B10.118B9.172B
Common Stock
10.004B10.004B10.376B10.113B10.007B9.831B9.634B9.474B9.368B
2.286B2.286B2.860B2.115B1.857B947.000M1.629B336.000M-492.000M
6.206.205.963.933.853.713.717.107.32
0.010.010.010.090.090.100.100.110.12

SHOP Annual Balance Sheet (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Total Current Assets
8.296B7.254B6.275B6.050B8.539B6.878B2.742B2.129B
1.534B1.498B1.413B1.649B2.503B2.704B649.916M410.683M
Short-Term Investments
4.233B3.981B3.595B3.404B5.265B3.684B1.805B1.559B
Cash & Short-Term Investments
5.767B5.479B5.008B5.053B7.768B6.388B2.455B1.970B
2.370B1.655B1.155B857.475M667.050M421.542M240.701M133.220M
21.000M26.000M19.000M0.000.000.000.000.00
Total Assets
15.189B13.924B11.299B10.757B13.340B7.763B3.489B2.255B
141.000M140.000M147.000M486.000M301.914M211.477M246.172M61.612M
491.000M452.000M427.000M1.836B356.528M311.865M311.865M38.019M
Intangible Assets
30.000M22.000M29.000M390.000M138.496M135.676M167.282M26.072M
Long-Term Investments
6.159B5.998B4.377B1.954B3.956B173.454M2.500M0.00
Total Current Liabilities
1.392B1.956B898.000M856.000M702.733M438.332M316.382M138.688M
570.000M360.000M364.000M364.000M284.010M168.720M90.517M61.271M
0.00918.000M0.000.000.000.000.000.00
Total Liabilities
1.716B2.366B2.233B2.518B2.207B1.362B473.745M164.017M
0.000.00916.000M913.000M910.963M758.008M0.000.00
188.000M1.126B1.150B1.396B1.173B912.895M151.707M24.868M
Net Debt (Cash)
-1.346B-372.000M-263.000M-253.000M-1.330B-1.791B-498.209M-385.815M
Total Shareholders' Equity
13.473B11.558B9.066B8.239B11.133B6.401B3.016B2.091B
Common Stock
10.376B9.634B9.201B8.747B8.040B6.115B3.256B2.216B
2.860B1.629B-390.000M-522.000M2.938B15.285M-304.224M-187.757M
5.963.716.997.0712.1515.698.6715.35
0.010.100.130.170.110.140.050.01

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Shopify Inc.

Shopify Inc. functions as a premier commerce technology company, providing an extensive platform and associated services to empower businesses worldwide. Its reach extends across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's robust platform equips merchants to effectively display, organize, market, and sell their merchandise through a multitude of sales avenues. These include digital storefronts accessible via web and mobile, traditional brick-and-mortar stores, temporary pop-up locations, integrated social media channels, proprietary mobile applications, embeddable "buy buttons," and established online marketplaces. Beyond sales, the platform streamlines crucial business operations such as product and inventory management, order and payment processing, fulfillment and shipping logistics, attracting new customers and fostering client relationships, product sourcing, analytical reporting, financial administration encompassing cash, payments, and transactions, and facilitating access to working capital. Additionally, Shopify offers supplementary services like the sale of custom website themes and applications, alongside domain name registration. Its merchant-focused solutions also cover payment acceptance, efficient shipping and order fulfillment, and aid in securing necessary operating funds. Founded in 2004 under the initial name Jaded Pixel Technologies Inc., the company officially rebranded to Shopify Inc. in November 2011. Its global headquarters are located in Ottawa, Canada.

Ottawa, ON
8,100 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Tobias Lutke