What is Shopify's total liabilities & equity?

Shopify (SHOP) reported total liabilities & equity of $14.12B in Q1 2026.

How has Shopify's total liabilities & equity changed year-over-year?

Shopify's total liabilities & equity increased by 5.4% year-over-year, from $13.4B to $14.12B.

What is the long-term trend for Shopify's total liabilities & equity?

Over 2 years (2023 to 2025), Shopify's total liabilities & equity has grown at a 15.9% compound annual growth rate (CAGR), from $11.3B to $15.19B.

What does total liabilities & equity mean?

Total assets = total liabilities + total equity. This must always balance — a fundamental accounting identity.

Shopify SHOP Total Liabilities & Equity

Total Liabilities & Equity at other companies

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$29.93B+6.5%

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$17.89B-5.6%

SalesforceCRM

$106.68B+8.2%

Global PaymentsGPN

$64.25B+34.9%

EtsyETSY

$2.68B+26.4%

BlockXYZ

$39.99B+9.9%

Other financials

Income statement

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Revenue$3.2B+34.3%

Gross profit$1.5B+32.2%

Operating income$382.0M+88.2%

Net income-$581.0M+14.8%

EPS (diluted)-$0.45+15.1%

Balance sheet

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Cash & equivalents$1.8B+41.2%

Total debt$179.0M-84.3%

Total equity$12.5B+13.1%

Total assets$14.1B+5.4%

Cash flow

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Operating cash flow$481.0M+31.1%

CapEx$5.0M+25.0%

Free cash flow$476.0M+31.1%

Valuation

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Market cap$169.06B+4.4%

Enterprise value$167.39B+3.6%

P/E126.9×+57.8×

P/S13.7×-2.5×

Profitability

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Gross margin48%-2.0pp

Operating margin13.3%+0.6pp

Net margin10.8%-6.4pp

FCF margin17.1%-1.3pp

Returns & leverage

See full

Return on equity11.3%-4.8pp

Debt / equity0×-0.1×

Current ratio6.2×+2.5×

Where this comes from

Reported directly by Shopify in its filing.

Tagged under the XBRL concept us-gaap:LiabilitiesAndStockholdersEquity.

The official record: Shopify’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Shopify's total liabilities & equity?: Shopify (SHOP) reported total liabilities & equity of $14.12B in Q1 2026.
How has Shopify's total liabilities & equity changed year-over-year?: Shopify's total liabilities & equity increased by 5.4% year-over-year, from $13.4B to $14.12B.
What is the long-term trend for Shopify's total liabilities & equity?: Over 2 years (2023 to 2025), Shopify's total liabilities & equity has grown at a 15.9% compound annual growth rate (CAGR), from $11.3B to $15.19B.
What does total liabilities & equity mean?: Total assets = total liabilities + total equity. This must always balance — a fundamental accounting identity.