Company / Working Capital
SHOPIFY INC. Working Capital History
FY2023-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$6.9B
FY2025
5-year range
$5.3B / $6.9B
FY2023-FY2025
Trend
+30.3%
vs FY2024
Sector context
#16 of 327
Information Technology
What the data says
Among 327 Information Technology companies, SHOPIFY INC. is in the top 5% for working capital. Improved from $5.4B to $6.9B over the past 2 years.
Based on SEC 10-K filings.
$6.9B in FY2025. Top quartile in the Information Technology sector.
Improved from $5.4B to $6.9B over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 5% in Information TechnologyTop 5% of 327This company $6.9B Sector average $1.6B
▼
+333.6% above sector average
Key checks
Key Insights
- In FY2025, working capital increased 30.3% year-over-year.
- Ranks #16 out of 327 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 4.84 (safe zone, above 2.9 threshold)
- Strong profit margin: 22.7%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $6.9B | +30.3% |
| FY2024 | $5.3B | -1.5% |
| FY2023 | $5.4B | - |
| FY2022 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026