Current Assets
Prepaid & Other Current
Shopify Prepaid & Other Current decreased by 12.0% to $206.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.9%, from $242.00M to $206.00M. Over 2 years (FY 2023 to FY 2025), Prepaid & Other Current shows an upward trend with a 17.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026
How to read this metric
Significant fluctuations may indicate changes in corporate procurement cycles or shifts in accounting for short-term financial instruments.
Detailed definition
Payments made in advance for services or goods to be received within the next year, alongside other miscellaneous short-...
Peer comparison
Generally a small percentage of current assets; large spikes may warrant investigation into non-recurring items.
Metric ID:
prepaid_and_other_current_assetsHistorical Data
7 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $169.00M | $209.00M | $242.00M | $234.00M | $227.00M | $234.00M | $206.00M |
| QoQ Change | — | +23.7% | +15.8% | -3.3% | -3.0% | +3.1% | -12.0% |
| YoY Change | — | +23.7% | — | — | — | +12.0% | -14.9% |
Range$169.00M – $242.00M
CAGR+14.1%
Avg YoY Growth+6.9%
Median YoY Growth+12.0%
Prepaid & Other Current at Other Companies
Frequently Asked Questions
- What is Shopify's prepaid & other current?
- Shopify (SHOP) reported prepaid & other current of $206.00M in Q1 2026.
- How has Shopify's prepaid & other current changed year-over-year?
- Shopify's prepaid & other current decreased by 14.9% year-over-year, from $242.00M to $206.00M.
- What is the long-term trend for Shopify's prepaid & other current?
- Over 2 years (2023 to 2025), Shopify's prepaid & other current has grown at a 17.7% compound annual growth rate (CAGR), from $169.00M to $234.00M.
- What does prepaid & other current mean?
- Assets representing payments made for future services or miscellaneous short-term holdings.