Shopify Accounts payable and other current liabilities (Note 11) decreased by 3.8% to $1.03B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.2%, from $776.00M to $1.03B. Over 2 years (FY 2023 to FY 2025), Accounts payable and other current liabilities (Note 11) shows an upward trend with a 36.3% CAGR.
An increase can signal improved cash management (extending payment terms) or higher operational activity, while a decrease may indicate faster payments to suppliers.
This represents short-term obligations to suppliers for goods and services received, along with other accrued expenses....
Standard metric for assessing working capital efficiency and trade credit usage across all industries.
current_liabilities_accounts_payable_and_accrued_liabili_26f6ce| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $579.00M | $737.00M | $776.00M | $841.00M | $974.00M | $1.08B | $1.03B |
| QoQ Change | — | +27.3% | +5.3% | +8.4% | +15.8% | +10.4% | -3.8% |
| YoY Change | — | +27.3% | — | — | — | +45.9% | +33.2% |