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Non-Current Liabilities

Total Non-Current Liabilities

Shopify Total Non-Current Liabilities decreased by 23.1% to $249M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.8%, from $340M to $249M. Over 2 years (FY 2023 to FY 2025), Total Non-Current Liabilities shows a downward trend with a -50.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase may indicate higher long-term leverage or expansion financing, while a decrease suggests debt repayment or reduced long-term obligations.

Detailed definition

This represents the total value of all financial obligations that are due beyond one year from the balance sheet date. I...

Peer comparison

Varies significantly by industry; capital-intensive firms typically carry higher noncurrent liabilities than software-as-a-service companies.

Metric ID: total_noncurrent_liabilities

Historical Data

7 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.34B$410M$340M$359M$315M$324M$249M
QoQ Change-69.3%-17.1%+5.6%-12.3%+2.9%-23.1%
YoY Change-69.3%-21.0%-26.8%
Range$249M$1.34B
CAGR-67.4%
Avg YoY Growth-39.0%
Median YoY Growth-26.8%

Total Non-Current Liabilities at Other Companies

Frequently Asked Questions

What is Shopify's total non-current liabilities?
Shopify (SHOP) reported total non-current liabilities of $249M in Q1 2026.
How has Shopify's total non-current liabilities changed year-over-year?
Shopify's total non-current liabilities decreased by 26.8% year-over-year, from $340M to $249M.
What is the long-term trend for Shopify's total non-current liabilities?
Over 2 years (2023 to 2025), Shopify's total non-current liabilities has grown at a -50.7% compound annual growth rate (CAGR), from $1.34B to $324M.
What does total non-current liabilities mean?
The total amount of debt and other financial obligations due after more than one year.