Current Assets

Total Current Assets

Shopify Total Current Assets decreased by 4.7% to $8.30B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.4%, from $7.25B to $8.30B. Over 2 years (FY 2023 to FY 2025), Total Current Assets shows an upward trend with a 15.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.

Detailed definition

The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...

Peer comparison

High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.

Metric ID: total_current_assets

Historical Data

6 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$6.28B$7.25B$7.45B$8.00B$8.71B$8.30B
QoQ Change+15.6%+2.6%+7.5%+8.8%-4.7%
YoY Change+15.6%+14.4%
Range$6.28B$8.71B
CAGR+25.0%
Avg YoY Growth+15.0%
Median YoY Growth+15.0%

Frequently Asked Questions

What is Shopify's total current assets?
Shopify (SHOP) reported total current assets of $8.30B in Q4 2025.
How has Shopify's total current assets changed year-over-year?
Shopify's total current assets increased by 14.4% year-over-year, from $7.25B to $8.30B.
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 $8.30B.
What does total current assets mean?
Everything the company owns that can be turned into cash within a single year.

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