Shopify Balance Sheet
NASDAQ: SHOPTechnologySoftware - ApplicationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Shopify financial position
At the end of fiscal 2025, Shopify reported total assets of $15.19 billion, up 9.1% from a year earlier against total liabilities of $1.72 billion. Shareholders' equity stood at $13.47 billion, or 88.7% of assets. The company held $1.54 billion in cash and equivalents.
The current ratio (current assets divided by current liabilities) was 5.96, meaning short-term assets cover obligations due within a year.
Summary generated from market data by MetaCap's automated system. Methodology
Shopify balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20222023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.54B | 1.50B | 1.41B | 1.65B | 2.50B | 2.70B | 649.92M | 410.68M | 141.68M | 84.01M |
| Short-Term Investments | 4.23B | 3.98B | 3.60B | 3.40B | 5.27B | 3.68B | 1.81B | 1.56B | 796.36M | 308.40M |
| Receivables | 500.00M | 342.00M | 282.00M | 273.00M | 192.21M | 120.75M | 90.53M | 41.35M | 21.94M | 9.60M |
| Inventory | 21.00M | 26.00M | 19.00M | — | — | — | — | — | 1.62M | 522.00K |
| Total Current Assets | 8.30B | 7.25B | 6.28B | 6.05B | 8.54B | 6.88B | 2.74B | 2.13B | 1.03B | 422.90M |
| Property, Plant & Equipment | 53.00M | 47.00M | 49.00M | 131.00M | 105.53M | 92.10M | 111.40M | 61.61M | 50.36M | 45.72M |
| Goodwill | 491.00M | 452.00M | 427.00M | 1.84B | 357.00M | 311.87M | 311.87M | 38.02M | 20.32M | 15.50M |
| Intangible Assets | 30.00M | 22.00M | 29.00M | 390.00M | 138.50M | 135.68M | 167.28M | 26.07M | 17.21M | 6.44M |
| Long-Term Investments | 975.00M | 709.00M | 115.00M | — | — | — | — | — | — | — |
| Total Assets | 15.19B | 13.92B | 11.30B | 10.76B | 13.34B | 7.76B | 3.49B | 2.25B | 1.11B | 490.56M |
| Accounts Payable | 570.00M | 360.00M | 364.00M | 364.00M | 284.01M | 168.72M | 90.52M | 61.27M | 44.33M | 34.32M |
| Total Current Liabilities | 1.39B | 1.96B | 898.00M | 856.00M | 702.73M | 438.33M | 316.38M | 138.69M | 94.75M | 66.53M |
| Total Liabilities | 1.72B | 2.37B | 2.23B | 2.52B | 2.21B | 1.36B | 473.75M | 164.02M | 112.46M | 80.08M |
| Shareholders' Equity | 13.47B | 11.56B | 9.07B | 8.24B | 11.13B | 6.40B | 3.02B | 2.09B | 1.00B | 410.48M |
| Retained Earnings | 2.86B | 1.63B | -390.00M | -522.00M | 2.94B | 15.29M | -304.22M | -187.76M | -123.20M | -83.21M |
| Net Cash (Debt) | 5.78B | 5.48B | 5.01B | 5.05B | 7.77B | 6.39B | 2.46B | 1.97B | 938.04M | 392.41M |
This table shows 10 annual periods of Shopify's balance sheet, from FY 2025 back to FY 2016, across 17 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow SHOP's reporting calendar. What is a balance sheet?