Equity
Total Liabilities & Equity
Shopify Total Liabilities & Equity decreased by 7.0% to $14.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.4%, from $13.4B to $14.12B. Over 2 years (FY 2023 to FY 2025), Total Liabilities & Equity shows an upward trend with a 15.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionEquity
CategoryOther
SignalHigher is better
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026
How to read this metric
Growth in this metric indicates an expansion of the company's asset base, either through debt financing or equity growth.
Detailed definition
This is the sum of all liabilities and stockholders' equity, which must equal the total assets of the company according...
Peer comparison
Used as a baseline for scaling other balance sheet metrics across different companies.
Metric ID:
total_liabilities_and_equityHistorical Data
7 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $11.3B | $13.92B | $13.4B | $14.56B | $15.04B | $15.19B | $14.12B |
| QoQ Change | — | +23.2% | -3.8% | +8.7% | +3.3% | +1.0% | -7.0% |
| YoY Change | — | +23.2% | — | — | — | +9.1% | +5.4% |
Range$11.3B – $15.19B
CAGR+16.0%
Avg YoY Growth+12.6%
Median YoY Growth+9.1%
Total Liabilities & Equity at Other Companies
Frequently Asked Questions
- 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?
- The total value of all company assets, funded by either debt or equity.