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Shopify SHOP Payments to Acquire Businesses, Net of Cash Acquired

Payments to Acquire Businesses, Net of Cash Acquired at other companies

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Other financials

Income statement

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Revenue$3.6B+33.7%
Gross profit$1.7B+31.2%
Operating income$488.0M+67.7%
Net income$1.5B+65.8%
EPS (diluted)$1.16+68.1%

Balance sheet

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Cash & equivalents$1.7B+7.4%
Total debt$178.0M-84.4%
Total equity$12.7B+4.6%
Total assets$14.5B-0.6%

Cash flow

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Operating cash flow$658.0M+53.7%
CapEx$4.0M-33.3%
Free cash flow$654.0M+55.0%

Valuation

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Market cap$199.66B+4.2%
Enterprise value$198.18B+3.6%
P/E108.3×-29.3×
P/S15.1×-5.2×

Profitability

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Gross margin47.5%-1.2pp
Operating margin13.9%+2.0pp
Net margin21.7%+5.4pp
FCF margin17.8%0.0pp

Returns & leverage

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Return on equity14.9%+5.4pp
Debt / equity-0.1×
Current ratio5.4×+1.5×

Where this comes from

Reported directly by Shopify in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Shopify’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 7:03 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001594805-26-000047
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Purchases and originations of loans and merchant cash advances(1)(1,584)(944)(2,933)(1,749)
Repayments and sales of loans and merchant cash advances(1)1,4177672,4601,404
Purchases of equity and other investments(55)(71)(56)(75)
Acquisition of businesses, net of cash acquired(56)
Other1232
Net cash provided by (used in) investing activities571(252)881(871)
Cash flows from financing activities
Proceeds from the exercise of stock options3449103

Item 1: Financial Statements (unaudited)

FAQ

What is Shopify's payments to acquire businesses, net of cash acquired?
Shopify (SHOP) reported payments to acquire businesses, net of cash acquired of $0 in Q2 2026.
What is the long-term trend for Shopify's payments to acquire businesses, net of cash acquired?
Over 3 years (2022 to 2025), Shopify's payments to acquire businesses, net of cash acquired has grown at a -68.3% compound annual growth rate (CAGR), from $1.75B to $56M.
What does payments to acquire businesses, net of cash acquired mean?
Payments to Acquire Businesses, Net of Cash Acquired

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