Operating Lease Liabilities (Current)
Shopify Operating Lease Liabilities (Current) decreased by 5.9% to $16M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 15.8%, from $19M to $16M. 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 reflects expanding physical footprint or higher lease costs, impacting short-term cash flow requirements.
Detailed definition
This represents the portion of operating lease obligations due within the next twelve months. It reflects the company's...
Peer comparison
Standardized under modern accounting rules (ASC 842/IFRS 16) for all companies with significant real estate or equipment leases.
operating_lease_liabilities_currentHistorical Data
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $17M | $18M | $19M | $20M | $19M | $17M | $16M |
| QoQ Change | — | +5.9% | +5.6% | +5.3% | -5.0% | -10.5% | -5.9% |
| YoY Change | — | +5.9% | — | — | — | -5.6% | -15.8% |
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 $16M in Q1 2026.
- How has Shopify's operating lease liabilities (current) changed year-over-year?
- Shopify's operating lease liabilities (current) decreased by 15.8% year-over-year, from $19M to $16M.
- 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 $17M to $17M.
- What does operating lease liabilities (current) mean?
- The amount of lease payments due within the next year.