What is Shopify's total equity?

Shopify (SHOP) reported total equity of $12.5B in Q1 2026.

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

Shopify's total equity increased by 13.1% year-over-year, from $11.05B to $12.5B.

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

Over 4 years (2021 to 2025), Shopify's total equity has grown at a 4.9% compound annual growth rate (CAGR), from $11.13B to $13.47B.

What does total equity mean?

Net assets attributable to shareholders — total assets minus total liabilities. Represents the book value of shareholders' ownership claim.

Shopify SHOP Total Equity

Total Equity at other companies

AdobeADBE

$11.52B+0.6%

eBayEBAY

$4.41B-8.6%

SalesforceCRM

$34.24B-43.6%

Global PaymentsGPN

$23.79B+6.9%

EtsyETSY

-$1.14B-24.9%

BlockXYZ

$21.72B+1.1%

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 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$147.61B-10.3%

Enterprise value$145.94B-11.1%

P/E110.8×+40.6×

P/S11.9×-4.5×

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:StockholdersEquity.

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 equity?: Shopify (SHOP) reported total equity of $12.5B in Q1 2026.
How has Shopify's total equity changed year-over-year?: Shopify's total equity increased by 13.1% year-over-year, from $11.05B to $12.5B.
What is the long-term trend for Shopify's total equity?: Over 4 years (2021 to 2025), Shopify's total equity has grown at a 4.9% compound annual growth rate (CAGR), from $11.13B to $13.47B.
What does total equity mean?: Net assets attributable to shareholders — total assets minus total liabilities. Represents the book value of shareholders' ownership claim.