| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | |
|---|---|---|---|---|
| Cash and cash equivalents | 2,414 | 1,542 | 1,309 | |
| Marketable securities | 3,935 | 4,278 | 4,205 | |
| Trade and other receivables, net | 396 | 350 | 297 | |
| Loans and merchant cash advances, net | 1,733 | 1,597 | 1,392 | |
| Other current assets | 227 | 234 | 242 | |
| Total current assets | 8,705 | 8,001 | 7,445 | |
| Property and equipment, net | 51 | 46 | 46 | |
| Operating lease right-of-use assets, net | 94 | 97 | 105 | |
| Cost-Other Intangible Assets | 5 | 5 | 5 | |
| Accumulated amortization-Other Intangible Assets | 4 | 4 | 4 | |
| Cost-Software Development | 14 | 14 | 14 | |
| Accumulated amortization-Software Development | 14 | 14 | 14 | |
| Cost | 111 | 111 | 111 | |
| Accumulated amortization | 78 | 75 | 72 | |
| Intangible assets, net | 33 | 36 | 39 | |
| Deferred tax assets | 29 | 31 | 98 | |
| Other long-term assets | 23 | 28 | 23 | |
| Long-term investments | 676 | 831 | 894 | |
| Equity and other investments (3,389 and 3,930, carried at fair value) | 4,363 | 4,405 | 3,640 | |
| Equity method investment | 574 | 595 | 619 | |
| Goodwill | 491 | 491 | 491 | |
| Total long term assets | 6,334 | 6,560 | 5,955 | |
| Total assets | 15,039 | 14,561 | 13,400 | |
| Accounts payable and accrued liabilities | 974 | 841 | 776 | |
| Deferred revenue | 300 | 298 | 295 | |
| Operating lease liabilities | 19 | 20 | 19 | |
| Convertible senior notes | 920 | 919 | 919 | |
| Total current liabilities | 2,213 | 2,078 | 2,009 | |
| Deferred revenue | 110 | 123 | 135 | |
| Operating lease liabilities | 176 | 200 | 200 | |
| Deferred tax liabilities | 29 | 36 | 5 | |
| Total long term liabilities | 315 | 359 | 340 | |
| Common stock, unlimited classa subordinate voting shares authorized, 1,222,039,069 and 1,215,229,233, issued and outstanding unlimited class b restricted voting shares authorized, 79,241,982 and 79,350,906 issued and outstanding 1 founder share authorized, 1 and 1 issued and outstanding | 10,123 | 9,985 | 9,831 | |
| Additional paid-in capital | 272 | 281 | 279 | |
| Accumulated other comprehensive loss | -1 | 5 | -6 | |
| Accumulated surplus | 2,117 | 1,853 | 947 | |
| Total shareholders equity | 12,511 | 12,124 | 11,051 | |
| Total liabilities and shareholders equity | 15,039 | 14,561 | 13,400 | |
SHOPIFY INC. (SHOP)
SHOPIFY INC. (SHOP)