Discontinued — last reported Q3 '25
Operating Lease Liabilities (Current)
Shopify Operating Lease Liabilities (Current) decreased by 10.5% to $17.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.6%, from $18.00M to $17.00M. 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
How to read this metric
An increase suggests an expanding physical footprint or upcoming renewals, while a decrease may indicate store closures or a shift toward asset ownership.
Detailed definition
The portion of operating lease payments due within the next twelve months, representing the short-term obligation for re...
Peer comparison
Retail-heavy tech companies often show higher current lease liabilities compared to pure software firms due to physical storefront presence.
operating_lease_liabilities_currentHistorical Data
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|
| Value | $17.00M | $18.00M | $19.00M | $20.00M | $19.00M | $17.00M |
| QoQ Change | — | +5.9% | +5.6% | +5.3% | -5.0% | -10.5% |
| YoY Change | — | +5.9% | — | — | — | -5.6% |
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 $17.00M in Q4 2025.
- How has Shopify's operating lease liabilities (current) changed year-over-year?
- Shopify's operating lease liabilities (current) decreased by 5.6% year-over-year, from $18.00M to $17.00M.
- 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 rent and lease payments the company must pay in the next year.