Current Liabilities
Operating Lease Liabilities (Current)
Shopify Operating Lease Liabilities (Current) decreased by 5.9% to $16.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 15.8%, from $19.00M to $16.00M. Over 2 years (FY 2023 to FY 2025), Operating Lease Liabilities (Current) shows relatively stable performance with a 0.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase indicates higher near-term cash outflows for leases, potentially pressuring short-term liquidity.
Detailed definition
This represents the portion of total operating lease obligations that are due to be paid within the next twelve months....
Peer comparison
Commonly reported by all companies with significant lease portfolios.
Metric ID:
operating_lease_liabilities_currentHistorical Data
7 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $17.00M | $18.00M | $19.00M | $20.00M | $19.00M | $17.00M | $16.00M |
| QoQ Change | — | +5.9% | +5.6% | +5.3% | -5.0% | -10.5% | -5.9% |
| YoY Change | — | +5.9% | — | — | — | -5.6% | -15.8% |
Range$16.00M – $20.00M
CAGR-4.0%
Avg YoY Growth-5.2%
Median YoY Growth-5.6%
Current Streak3 quarters decline
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is Shopify's operating lease liabilities (current)?
- Shopify (SHOP) reported operating lease liabilities (current) of $16.00M in Q1 2026.
- How has Shopify's operating lease liabilities (current) changed year-over-year?
- Shopify's operating lease liabilities (current) decreased by 15.8% year-over-year, from $19.00M to $16.00M.
- What is the long-term trend for Shopify's operating lease liabilities (current)?
- Over 2 years (2023 to 2025), Shopify's operating lease liabilities (current) has grown at a 0.0% compound annual growth rate (CAGR), from $17.00M to $17.00M.
- What does operating lease liabilities (current) mean?
- The amount of lease payments due within one year.