Shopify Inc.
Close on Nov 2, 2026Market cap $201.00BP/E 94.7Yield –
Shopify Total Loans and Merchant Cash Advances, Gross by Quarter
Total Loans and Merchant Cash Advances, Gross ($M) ($M)
Shopify Total Loans and Merchant Cash Advances, Gross: $2,426M in Q2 2026, up 68.0% from a year earlier. That is the highest of the 11 quarters on record here.
Where the Q2 2026 figure comes from
Source: Form 10-Q (filed 2026-08-05) ↗
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Total Loans and Merchant Cash Advances, Gross ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | 2,426 | +68.0% | Form 10-Q (filed 2026-08-05) ↗ |
| Q1 2026 | Mar 31, 2026 | 1,895 | +47.7% | Form 10-Q (filed 2026-05-05) ↗ |
| Q4 2025 | Dec 31, 2025 | 1,979 | +75.0% | Form 10-Q (filed 2026-08-05) ↗ |
| Q3 2025 | Sep 30, 2025 | 1,560 | – | Form 10-Q (filed 2025-11-04) ↗ |
| Q2 2025 | Jun 30, 2025 | 1,444 | – | Form 10-Q (filed 2025-08-06) ↗ |
| Q1 2025 | Mar 31, 2025 | 1,283 | – | Form 10-Q (filed 2025-05-08) ↗ |
| Q4 2024 | Dec 31, 2024 | 1,131 | +54.5% | Form 10-Q (filed 2025-11-04) ↗ |
| Q4 2023 | Dec 31, 2023 | 732 | +221.1% | Form 40-F (filed 2024-02-13) ↗ |
| Q4 2022 | Dec 31, 2022 | 228 | +213.2% | Form 40-F (filed 2024-02-13) ↗ |
| Q4 2021 | Dec 31, 2021 | 72.8 | +67.0% | Form 40-F (filed 2023-02-16) ↗ |
| Q4 2020 | Dec 31, 2020 | 43.6 | – | Form 40-F (filed 2022-02-16) ↗ |
Breakdown
What makes up total Loans and Merchant Cash Advances, Gross
Cite this data
StockData. (2026). Shopify Total Loans and Merchant Cash Advances, Gross ($M), quarterly Q4 2020–Q2 2026 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/loans-mca-gross-total
See every metric in the Shopify KPI table. Data updated Oct 25, 2026.