Current Assets
Prepaid & Other Current
Shopify Prepaid & Other Current decreased by 12.0% to $206M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.9%, from $242M to $206M. Over 2 years (FY 2023 to FY 2025), Prepaid & Other Current shows an upward trend with a 17.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026
How to read this metric
Significant fluctuations may indicate changes in operational scale or timing of large vendor contracts.
Detailed definition
This category includes payments made in advance for goods or services to be received in the future, such as insurance pr...
Peer comparison
Standard current asset component; typically scales with the size of the company's operational footprint.
Metric ID:
prepaid_and_other_current_assetsHistorical Data
7 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $169M | $209M | $242M | $234M | $227M | $234M | $206M |
| QoQ Change | — | +23.7% | +15.8% | -3.3% | -3.0% | +3.1% | -12.0% |
| YoY Change | — | +23.7% | — | — | — | +12.0% | -14.9% |
Range$169M – $242M
CAGR+14.1%
Avg YoY Growth+6.9%
Median YoY Growth+12.0%
Prepaid & Other Current at Other Companies
Frequently Asked Questions
- What is Shopify's prepaid & other current?
- Shopify (SHOP) reported prepaid & other current of $206M in Q1 2026.
- How has Shopify's prepaid & other current changed year-over-year?
- Shopify's prepaid & other current decreased by 14.9% year-over-year, from $242M to $206M.
- What is the long-term trend for Shopify's prepaid & other current?
- Over 2 years (2023 to 2025), Shopify's prepaid & other current has grown at a 17.7% compound annual growth rate (CAGR), from $169M to $234M.
- What does prepaid & other current mean?
- Payments made for future services or other short-term assets that will be used within a year.