Total Liabilities for Shopify (SHOP)
According to Shopify's latest reported financial statements, the company's latest reported total liabilities is $1.72B USD. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and net assets for solvency context.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

SHOP
Currently viewingTotal LiabilitiesSwitch metric
Latest period
$1.72B
YoY change
-27.5%
5Y CAGR
+4.7%
Peak year (2022)
$2.52B
Latest annual
$1.72B
Total Liabilities history chart for Shopify (SHOP) from 2013 to 2025
Total Liabilities history table for Shopify (SHOP) from 2013 to 2025
| Fiscal year | Period ended | Reported | Total Liabilities | YoY |
|---|---|---|---|---|
| 2025 | $1.72B | -27.5% | ||
| 2024 | $2.37B | +6.0% | ||
| 2023 | $2.23B | -11.3% | ||
| 2022 | $2.52B | +14.1% | ||
| 2021 | $2.21B | +62.0% | ||
| 2020 | $1.36B | +187.5% | ||
| 2019 | $473.75M | +188.8% | ||
| 2018 | $164.02M | +45.8% | ||
| 2017 | $112.46M | +40.4% | ||
| 2016 | $80.08M | +65.5% | ||
| 2015 | $48.40M | +76.2% | ||
| 2014 | $27.46M | +163.9% | ||
| 2013 | $10.41M | — |
Total Liabilities values are taken from Shopify's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Shopify (SHOP) total liabilities is $1.72B – declined 27.5% year-over-year.
Through 2020–2025 (5 years), Shopify total liabilities delivered a +4.7% annualised rate; with the latest reading among the more recent periods of the dataset.
$2.52B stands as the all-time-high annual total liabilities, posted in 2022, against a low of $10.41M during 2013.
Shopify (SHOP) sits 9th of 8 Technology peers we track on this metric, against a peer median of $69.66B.
Shopify Total Liabilities by Year
Shopify Total Liabilities 2025: $1.72B
Shopify total liabilities in 2025 was $1.72B, declined 27.5% below 2024.
Shopify Total Liabilities 2024: $2.37B
Shopify total liabilities in 2024 was $2.37B, grew 6.0% from 2023.
Shopify Total Liabilities 2023: $2.23B
Shopify total liabilities in 2023 was $2.23B, declined 11.3% below 2022.
Shopify Total Liabilities 2022: $2.52B
Shopify total liabilities in 2022 was $2.52B, grew 14.1% from 2021. This figure represents the highest annual value in the available history.
Shopify Total Liabilities 2021: $2.21B
Shopify total liabilities in 2021 was $2.21B.
See more financial history for Shopify (SHOP).
Sector peers — Total Liabilities
Companies in the same sector as Shopify, ranked by their latest total liabilities.
| Company | Total Liabilities | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.47T | Technology |
| Apple Inc. (AAPL) | $285.51B | Technology |
| Microsoft Corporation (MSFT) | $275.52B | Technology |
| Broadcom Inc. (AVGO) | $89.80B | Technology |
| NVIDIA Corporation (NVDA) | $49.51B | Technology |
| ASML Holding N.V. (ASML) | $30.94B | Technology |
| Micron Technology, Inc. (MU) | $28.63B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $13.93B | Technology |
Frequently asked questions
What is Shopify's total liabilities?
- Latest reported total liabilities for Shopify (SHOP) is $1.72B (period ending December 31, 2025).
How has Shopify total liabilities changed year-over-year?
- Shopify (SHOP) total liabilities changed -27.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Shopify total liabilities?
- Shopify (SHOP) total liabilities compound annual growth rate is +4.7% over the most recent 5 years available.
When did Shopify total liabilities hit its highest annual value?
- Shopify total liabilities reached its highest annual value of $2.52B in 2022.
What was Shopify total liabilities in 2024?
- Shopify (SHOP) total liabilities in 2024 was $2.37B.
What was Shopify total liabilities in 2025?
- Shopify (SHOP) total liabilities in 2025 was $1.72B.
Metrics overview
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