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TelegramQuarterly report 2025-Q3
added 04-18-2026
Shopify Balance Sheet 2011-2026 | SHOP
Annual Balance Sheet Shopify
| 2025 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
-1.36 B | -1.29 B | -480 M | - | -1.94 B | -498 M | -386 M | -125 M | -70.1 M | -98.8 M | -34.2 M | -83 M | - | - | |
Long Term Debt |
171 M | 190 M | 916 M | - | - | 758 M | - | - | - | - | - | - | - | - | - |
Long Term Debt Current |
17 M | 18 M | 17 M | - | - | 10.1 M | 9.07 M | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
324 M | 410 M | 1.34 B | 1.66 B | 1.5 B | 924 M | 157 M | 25.3 M | 17.7 M | 13.6 M | 11.2 M | 7.69 M | 366 K | - | - |
Total Current Liabilities |
1.39 B | 1.96 B | 898 M | 856 M | 703 M | 438 M | 316 M | 139 M | 94.8 M | 66.5 M | 37.2 M | - | - | - | - |
Total Liabilities |
- | - | - | - | - | 1.36 B | 474 M | 164 M | 112 M | 80.1 M | 48.4 M | 27.5 M | 10.4 M | - | - |
Deferred Revenue |
300 M | 283 M | 302 M | 296 M | 217 M | 108 M | 56.7 M | 39.2 M | 30.7 M | 20.2 M | 12.7 M | 6.78 M | 4.15 M | - | - |
Retained Earnings |
2.86 B | 1.63 B | -390 M | -522 M | 2.94 B | 15.3 M | -304 M | -188 M | -123 M | -83.2 M | -47.9 M | -29.1 M | -6.75 M | - | - |
Total Assets |
15.2 B | 13.9 B | 11.3 B | 10.8 B | 13.3 B | 7.76 B | 3.49 B | 2.25 B | 1.11 B | 491 M | 244 M | 95.2 M | 95.8 M | - | - |
Cash and Cash Equivalents |
1.54 B | 1.5 B | 1.41 B | 1.65 B | - | 2.7 B | 650 M | 411 M | 142 M | 84 M | 110 M | 42 M | - | - | - |
Book Value |
15.2 B | 13.9 B | 11.3 B | 10.8 B | 13.3 B | 6.4 B | 3.02 B | 2.09 B | 1 B | 410 M | 195 M | 67.7 M | 85.4 M | - | - |
Total Shareholders Equity |
13.5 B | 11.6 B | 9.07 B | 8.24 B | 11.1 B | 6.4 B | 3.02 B | 2.09 B | 1 B | 410 M | 195 M | 67.7 M | - | - | - |
All numbers in USD currency
Quarterly Balance Sheet Shopify
| 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
176 M | 200 M | 200 M | - | - | - | - | - | - | - | 911 M | - | - | - | 758 M | - | - | - | - | - | - | - | 22.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
315 M | 359 M | 340 M | - | - | - | - | - | - | - | 1.5 B | - | - | - | 924 M | - | - | - | 157 M | - | - | - | 25.3 M | - | - | - | 17.7 M | - | - | - | 13.6 M | - | - | - | 11.2 M | - | - | - | 7.69 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred Revenue |
300 M | 298 M | 295 M | 290 M | 298 M | 296 M | - | - | - | - | 217 M | - | - | - | 108 M | - | - | - | 56.7 M | - | - | - | 39.2 M | - | - | - | 30.7 M | - | - | - | 20.2 M | - | - | - | 12.7 M | - | - | - | 6.78 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Retained Earnings |
2.12 B | 1.85 B | 947 M | - | - | - | - | - | - | - | 2.94 B | - | - | - | 15.3 M | - | - | - | -304 M | - | - | - | -188 M | - | - | - | -123 M | - | - | - | -83.2 M | - | - | - | -47.9 M | - | - | - | -29.1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
15 B | 14.6 B | 13.4 B | - | - | - | - | - | - | - | 13.3 B | - | - | - | 7.76 B | - | - | - | 3.49 B | - | - | - | 2.25 B | - | - | - | 1.11 B | - | - | - | 491 M | - | - | - | 244 M | - | - | - | 95.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
2.41 B | 1.54 B | 1.31 B | 1.51 B | 1.54 B | 1.62 B | - | - | - | - | 2.5 B | - | - | - | 2.7 B | - | - | - | 650 M | - | - | - | 411 M | - | - | - | 142 M | - | - | - | 84 M | - | - | - | 110 M | - | - | - | 42 M | - | - | - | 83.5 M | - | - | - | 17.7 M | - | - | - | - | - | - | - |
Book Value |
15 B | 14.6 B | 13.4 B | - | - | - | - | - | - | - | 13.3 B | - | - | - | 7.76 B | - | - | - | 3.49 B | - | - | - | 2.25 B | - | - | - | 1.11 B | - | - | - | 491 M | - | - | - | 244 M | - | - | - | 95.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Shareholders Equity |
12.5 B | 12.1 B | 11.1 B | 10.1 B | 9.17 B | 8.89 B | - | - | - | - | 11.1 B | - | - | - | 6.4 B | - | - | - | 3.02 B | - | - | - | 2.09 B | - | - | - | 1 B | - | - | - | 410 M | - | - | - | 195 M | - | - | - | 67.7 M | - | - | - | 85.4 M | - | - | - | 18 M | - | - | - | - | - | - | - |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Shopify , providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
Balance sheet of other industry stocks – Software
| Issuer | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|
 |
Mogo
MOGO
|
- | - | $ 111 M |  Canada |
 |
ANSYS
ANSS
|
- | - | $ 32.7 B |  USA |
 |
Cadence Design Systems
CDNS
|
$ 319.8 | -5.02 % | $ 86.7 B | USA |
 |
Avaya Holdings Corp.
AVYA
|
- | - | $ 3.47 M | USA |
 |
FireEye, Inc.
FEYE
|
- | -3.41 % | $ 4.13 B | USA |
 |
Black Knight
BKI
|
- | -0.02 % | $ 11.7 B | USA |
 |
Benefitfocus
BNFT
|
- | - | $ 362 M | USA |
 |
Borqs Technologies
BRQS
|
- | -23.51 % | $ 9.87 M |  China |
 |
Calix
CALX
|
$ 41.14 | -3.47 % | $ 2.72 B | USA |
 |
Powerbridge Technologies Co., Ltd.
PBTS
|
- | 2.4 % | $ 115 M | China |
 |
Adobe
ADBE
|
$ 243.36 | 1.69 % | $ 104 B | USA |
 |
Sapiens International Corporation N.V.
SPNS
|
- | - | $ 2.43 B |  Curacao |
 |
Alteryx
AYX
|
- | - | $ 3.42 B | USA |
 |
Avalara
AVLR
|
- | - | $ 8.28 B | USA |
 |
Datadog
DDOG
|
$ 131.5 | -0.87 % | $ 45.7 B | USA |
 |
Coupa Software Incorporated
COUP
|
- | - | $ 6.12 B | USA |
 |
Brightcove
BCOV
|
- | - | $ 192 K | USA |
 |
Creative Realities
CREX
|
$ 3.83 | 0.66 % | $ 40.2 M | USA |
 |
Aspen Technology
AZPN
|
- | - | $ 16.8 B | USA |
 |
CDK Global
CDK
|
- | 0.06 % | $ 6.34 B | USA |
 |
Net Element, Inc.
NETE
|
- | 8.63 % | $ 83.8 M | USA |
 |
EVERTEC
EVTC
|
$ 30.27 | 1.1 % | $ 1.93 B |  Puerto-rico |
 |
CYREN Ltd.
CYRN
|
- | -18.15 % | $ 1.77 M | USA |
 |
BlackBerry Limited
BB
|
$ 5.2 | -2.35 % | $ 3.08 B | Canada |
 |
Diebold Nixdorf, Incorporated
DBD
|
$ 82.18 | -0.18 % | $ 3.02 B | USA |
 |
Altair Engineering
ALTR
|
- | - | $ 9.4 B | USA |
 |
Proofpoint, Inc.
PFPT
|
- | - | $ 10.1 B | USA |
 |
ChannelAdvisor Corporation
ECOM
|
- | 0.02 % | $ 668 M | USA |
 |
American Software
AMSWA
|
- | -2.14 % | $ 369 M | USA |
 |
Agora
API
|
$ 3.47 | -2.39 % | $ 1.28 B | China |
 |
AppFolio
APPF
|
$ 167.4 | -1.39 % | $ 6.03 B | USA |
 |
Zix Corporation
ZIXI
|
- | 0.12 % | $ 482 M | USA |
 |
E2open Parent Holdings
ETWO
|
- | - | $ 1.02 B | USA |
 |
Everbridge
EVBG
|
- | - | $ 1.42 B | USA |
 |
Dropbox
DBX
|
$ 24.06 | 0.61 % | $ 6.46 B | USA |
 |
Digital Turbine
APPS
|
$ 3.52 | -1.54 % | $ 365 M | USA |
 |
EVO Payments
EVOP
|
- | - | $ 1.77 B | USA |
 |
Globant S.A.
GLOB
|
$ 41.57 | -1.96 % | $ 7.32 B |  Luxembourg |
 |
Citrix Systems
CTXS
|
- | - | $ 13.2 B | USA |
 |
Fastly
FSLY
|
- | - | $ 1.27 B | USA |
 |
Domo
DOMO
|
$ 3.68 | 3.37 % | $ 133 M | USA |
 |
CyberArk Software Ltd.
CYBR
|
- | - | $ 18.1 B |  Israel |
 |
Viant Technology
DSP
|
$ 10.43 | -1.28 % | $ 171 M | USA |
 |
Ebix
EBIX
|
- | -30.99 % | $ 36.3 M | USA |
 |
Envestnet
ENV
|
- | - | $ 3.44 B | USA |
 |
9F
JFU
|
$ 3.34 | 7.74 % | $ 787 M | China |
 |
Aurora Mobile Limited
JG
|
$ 6.89 | -2.68 % | $ 41.1 M | China |
 |
GreenSky
GSKY
|
- | 1.59 % | $ 1.88 B | USA |
 |
Evolving Systems
EVOL
|
- | -8.47 % | $ 13.9 M | USA |
 |
Cloudera, Inc.
CLDR
|
- | 0.06 % | $ 4.74 B | Canada |