Shopify Inc. (SHOP) operating KPIs
SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
$157.49−9.40 (-5.63%)
Close on Oct 30, 2026Market cap $202.63BP/E 105.7Yield –
Shopify allowance for Credit Losses — Merchant Cash Advances ($M) ($M)
Quarterly figures from Shopify's filings and investor materials
Latest, Q1 2026
38
Period ended Mar 31, 2026
Change on a year earlier
+15.2%
33 in Q1 2025
History
16 quarters
Since Q4 2017
Sources
7
Documents cited below
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Allowance for Credit Losses — Merchant Cash Advances ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| Q1 2026 | Mar 31, 2026 | 38 | +15.2% | Form 10-Q (filed 2026-05-05) ↗ |
| Q4 2025 | Dec 31, 2025 | 35 | +12.9% | Form 10-Q (filed 2026-05-05) ↗ |
| Q3 2025 | Sep 30, 2025 | 33 | +10.0% | Form 10-Q (filed 2025-11-04) ↗ |
| Q2 2025 | Jun 30, 2025 | 31 | 0.0% | Form 10-Q (filed 2025-11-04) ↗ |
| Q1 2025 | Mar 31, 2025 | 33 | +3.1% | Form 10-Q (filed 2026-05-05) ↗ |
| Q4 2024 | Dec 31, 2024 | 31 | -13.9% | Form 10-Q (filed 2026-05-05) ↗ |
| Q3 2024 | Sep 30, 2024 | 30 | – | Form 10-Q (filed 2025-11-04) ↗ |
| Q2 2024 | Jun 30, 2024 | 31 | – | Form 10-Q (filed 2025-11-04) ↗ |
| Q1 2024 | Mar 31, 2024 | 32 | – | Form 10-Q (filed 2025-08-06) ↗ |
| Q4 2023 | Dec 31, 2023 | 36 | -26.5% | Form 40-F (filed 2024-02-13) ↗ |
| Q4 2022 | Dec 31, 2022 | 49 | +28.9% | Form 40-F (filed 2024-02-13) ↗ |
| Q4 2021 | Dec 31, 2021 | 38 | 0.0% | Form 40-F (filed 2024-02-13) ↗ |
| Q4 2020 | Dec 31, 2020 | 38 | +265.4% | Form 40-F (filed 2024-02-13) ↗ |
| Q4 2019 | Dec 31, 2019 | 10.4 | +67.7% | Form 40-F (filed 2022-02-16) ↗ |
| Q4 2018 | Dec 31, 2018 | 6.20 | +210.0% | Form 40-F (filed 2021-02-17) ↗ |
| Q4 2017 | Dec 31, 2017 | 2 | – | Form 40-F (filed 2020-02-12) ↗ |
Breakdown
What makes up allowance for credit losses — merchant cash advances ($m)
Cite this data
StockData. (2026). Shopify Allowance for Credit Losses — Merchant Cash Advances ($M) ($M), quarterly Q4 2017–Q1 2026 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/mca_allow_ending
See every metric in the Shopify KPI table. Data updated Oct 25, 2026.