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Current Assets

Total Current Assets

Shopify Total Current Assets increased by 2.4% to $8.5B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $7.45B to $8.5B. Over 2 years (FY 2023 to FY 2025), Total Current Assets shows an upward trend with a 15.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026

How to read this metric

A higher total relative to current liabilities indicates a stronger short-term liquidity position.

Detailed definition

This is the aggregate value of all assets that are expected to be converted into cash, sold, or consumed within one year...

Peer comparison

A fundamental liquidity metric used across all sectors to evaluate short-term solvency.

Metric ID: total_current_assets

Historical Data

7 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.28B$7.25B$7.45B$8B$8.71B$8.3B$8.5B
QoQ Change+15.6%+2.6%+7.5%+8.8%-4.7%+2.4%
YoY Change+15.6%+14.4%+14.1%
Range$6.28B$8.71B
CAGR+22.4%
Avg YoY Growth+14.7%
Median YoY Growth+14.4%

Frequently Asked Questions

What is Shopify's total current assets?
Shopify (SHOP) reported total current assets of $8.5B in Q1 2026.
How has Shopify's total current assets changed year-over-year?
Shopify's total current assets increased by 14.1% year-over-year, from $7.45B to $8.5B.
What is the long-term trend for Shopify's total current assets?
Over 2 years (2023 to 2025), Shopify's total current assets has grown at a 15.0% compound annual growth rate (CAGR), from $6.28B to $8.3B.
What does total current assets mean?
The sum of all assets that the company expects to turn into cash within one year.