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Shopify Inc. balance sheet

At the end of fiscal 2025, Shopify Inc. had total assets of $15.19bn and shareholders' equity of $13.47bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash and equivalents0.10.40.62.72.51.61.41.51.51.9
Receivables0.00.00.10.20.20.30.30.30.50.5
Inventory0.0—————0.00.00.0—
Total current assets1.02.12.76.98.56.16.37.38.37.8
Goodwill0.00.00.30.30.41.80.40.50.50.5
Total assets1.12.33.57.813.310.811.313.915.214.7
Deferred revenue (current)0.00.00.10.10.20.30.30.30.30.3
Total current liabilities0.10.10.30.40.70.90.92.01.41.6
Total debt0.00.00.00.80.90.90.90.9—0.0
Shareholders' equity1.02.13.06.411.18.29.111.613.512.7
Net debt (negative = net cash)−0.1−0.4−0.6−1.9−1.6−0.7−0.5−0.6−1.5−1.9

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Shopify Inc.'s SEC filings (10-K and 10-Q), retrieved November 3, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Shopify Inc.