Shopify Total Non-Current Liabilities increased by 2.9% to $324.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 21.0%, from $410.00M to $324.00M. Over 2 years (FY 2023 to FY 2025), Total Non-Current Liabilities shows a downward trend with a -50.7% CAGR.
A steady or declining trend relative to equity suggests improving long-term solvency, while rapid increases may signal aggressive expansion or recapitalization.
Total noncurrent liabilities represent the sum of all obligations not expected to be settled within the next year. This...
Analysts use this to calculate the debt-to-equity ratio, comparing the long-term risk profile against other mega-cap technology firms.
total_noncurrent_liabilities| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|
| Value | $1.34B | $410.00M | $340.00M | $359.00M | $315.00M | $324.00M |
| QoQ Change | — | -69.3% | -17.1% | +5.6% | -12.3% | +2.9% |
| YoY Change | — | -69.3% | — | — | — | -21.0% |
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