What is Shopify's short-term investments?

Shopify (SHOP) reported short-term investments of $3.90B in Q1 2026.

How has Shopify's short-term investments changed year-over-year?

Shopify's short-term investments decreased by 7.4% year-over-year, from $4.21B to $3.90B.

What is the long-term trend for Shopify's short-term investments?

Over 2 years (2023 to 2025), Shopify's short-term investments has grown at a 8.5% compound annual growth rate (CAGR), from $3.60B to $4.23B.

What does short-term investments mean?

Liquid investments maturing between three months and one year.

Current Assets

Short-Term Investments

Shopify Short-Term Investments decreased by 8.0% to $3.90B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.4%, from $4.21B to $3.90B. Over 2 years (FY 2023 to FY 2025), Short-Term Investments shows an upward trend with a 8.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionCurrent Assets

CategoryLiquidity

SignalHigher is better

VolatilityModerate

First reportedQ4 2023

Last reportedQ1 2026May 5, 2026

How to read this metric

An increase suggests the company is effectively deploying excess cash to earn returns; a decrease may indicate cash usage for operations or acquisitions.

Detailed definition

These are marketable securities and other financial instruments that the company intends to hold for more than three mon...

Peer comparison

Common for companies with significant cash reserves and active treasury management.

Metric ID: short_term_investments

Historical Data

7 periods

	Q4 '23	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$3.60B	$3.98B	$4.21B	$4.28B	$3.94B	$4.23B	$3.90B
QoQ Change	—	+10.7%	+5.6%	+1.7%	-8.0%	+7.6%	-8.0%
YoY Change	—	+10.7%	—	—	—	+6.3%	-7.4%

Range$3.60B – $4.28B

CAGR+5.5%

Avg YoY Growth+3.2%

Median YoY Growth+6.3%

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Frequently Asked Questions

What is Shopify's short-term investments?: Shopify (SHOP) reported short-term investments of $3.90B in Q1 2026.
How has Shopify's short-term investments changed year-over-year?: Shopify's short-term investments decreased by 7.4% year-over-year, from $4.21B to $3.90B.
What is the long-term trend for Shopify's short-term investments?: Over 2 years (2023 to 2025), Shopify's short-term investments has grown at a 8.5% compound annual growth rate (CAGR), from $3.60B to $4.23B.
What does short-term investments mean?: Liquid investments maturing between three months and one year.