Non-Current Liabilities

Total Non-Current Liabilities

Shopify Total Non-Current Liabilities decreased by 23.1% to $249.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.8%, from $340.00M to $249.00M. Over 2 years (FY 2023 to FY 2025), Total Non-Current Liabilities shows a downward trend with a -50.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026

How to read this metric

High levels indicate significant long-term leverage, which may increase financial risk but also support long-term capital investment.

Detailed definition

This is the sum of all financial obligations that are not due within the next twelve months. It provides a view of the c...

Peer comparison

Standard metric for assessing long-term solvency and capital structure.

Metric ID: total_noncurrent_liabilities

Historical Data

7 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.34B$410.00M$340.00M$359.00M$315.00M$324.00M$249.00M
QoQ Change-69.3%-17.1%+5.6%-12.3%+2.9%-23.1%
YoY Change-69.3%-21.0%-26.8%
Range$249.00M$1.34B
CAGR-67.4%
Avg YoY Growth-39.0%
Median YoY Growth-26.8%

Total Non-Current Liabilities at Other Companies

Frequently Asked Questions

What is Shopify's total non-current liabilities?
Shopify (SHOP) reported total non-current liabilities of $249.00M in Q1 2026.
How has Shopify's total non-current liabilities changed year-over-year?
Shopify's total non-current liabilities decreased by 26.8% year-over-year, from $340.00M to $249.00M.
What is the long-term trend for Shopify's total non-current liabilities?
Over 2 years (2023 to 2025), Shopify's total non-current liabilities has grown at a -50.7% compound annual growth rate (CAGR), from $1.34B to $324.00M.
What does total non-current liabilities mean?
The total amount of all debts and obligations due after more than one year.