Current Liabilities

Accounts payable and other current liabilities (Note 11)

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.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase can signal improved cash management (extending payment terms) or higher operational activity, while a decrease may indicate faster payments to suppliers.

Detailed definition

This represents short-term obligations to suppliers for goods and services received, along with other accrued expenses....

Peer comparison

Standard metric for assessing working capital efficiency and trade credit usage across all industries.

Metric ID: current_liabilities_accounts_payable_and_accrued_liabili_26f6ce

Historical Data

7 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$579.00M$1.08B
CAGR+47.2%
Avg YoY Growth+35.5%
Median YoY Growth+33.2%

Frequently Asked Questions

What is Shopify's accounts payable and other current liabilities (note 11)?
Shopify (SHOP) reported accounts payable and other current liabilities (note 11) of $1.03B in Q1 2026.
How has Shopify's accounts payable and other current liabilities (note 11) changed year-over-year?
Shopify's accounts payable and other current liabilities (note 11) increased by 33.2% year-over-year, from $776.00M to $1.03B.
What is the long-term trend for Shopify's accounts payable and other current liabilities (note 11)?
Over 2 years (2023 to 2025), Shopify's accounts payable and other current liabilities (note 11) has grown at a 36.3% compound annual growth rate (CAGR), from $579.00M to $1.08B.
What does accounts payable and other current liabilities (note 11) mean?
Short-term debts owed to suppliers and other accrued operational expenses.