Current Liabilities
Total Current Liabilities
Shopify Total Current Liabilities decreased by 1.5% to $1.37B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 31.8%, from $2.01B to $1.37B. Over 2 years (FY 2023 to FY 2025), Total Current Liabilities shows an upward trend with a 24.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026
How to read this metric
A rising ratio of current liabilities to current assets may indicate potential liquidity stress or difficulty meeting short-term obligations.
Detailed definition
Total current liabilities represent all financial obligations that the company must settle within one year. This include...
Peer comparison
Standard metric used to calculate the current ratio and assess short-term financial health.
Metric ID:
total_current_liabilitiesHistorical Data
7 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $898M | $1.96B | $2.01B | $2.08B | $2.21B | $1.39B | $1.37B |
| QoQ Change | — | +117.8% | +2.7% | +3.4% | +6.5% | -37.1% | -1.5% |
| YoY Change | — | +117.8% | — | — | — | -28.8% | -31.8% |
Range$898M – $2.21B
CAGR+32.6%
Avg YoY Growth+19.1%
Median YoY Growth-28.8%
Current Streak2 quarters decline
Total Current Liabilities at Other Companies
Frequently Asked Questions
- What is Shopify's total current liabilities?
- Shopify (SHOP) reported total current liabilities of $1.37B in Q1 2026.
- How has Shopify's total current liabilities changed year-over-year?
- Shopify's total current liabilities decreased by 31.8% year-over-year, from $2.01B to $1.37B.
- What is the long-term trend for Shopify's total current liabilities?
- Over 2 years (2023 to 2025), Shopify's total current liabilities has grown at a 24.5% compound annual growth rate (CAGR), from $898M to $1.39B.
- What does total current liabilities mean?
- The total amount of debt and obligations due within one year.