Shopify (LIM:SHOP) Long-Term Debt: $0 Mil (As of Mar. 2026)


LIM:SHOP Shopify Inc LIM:SHOP
82 GF Score
Price $111.00
GF Value $129.64
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Shopify Long-Term Debt?

Shopify LIM:SHOP 82 Long-Term Debt is $0 Mil as of Mar. 2026. GuruFocus rates LIM:SHOP with a GF Score™ of 82/100 and a GF Value™ of $129.64 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Shopify's Long-Term Debt for the quarter that ended in Mar. 2026 was $0 Mil.

Shopify's annual Long-Term Debt declined from Dec. 2023 ($916 Mil) to Dec. 2024 ($0 Mil) but then stayed the same from Dec. 2024 ($0 Mil) to Dec. 2025 ($0 Mil).

Shopify  (LIM:SHOP) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Shopify Long-Term Debt Related Terms

Shopify Long-Term Debt Historical Data

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The historical data trend for Shopify's Long-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shopify Long-Term Debt Chart

Shopify Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 910.96 913.00 916.00 0.00 0.00

Shopify Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
LIM:SHOP
82GF Score
Shopify Inc LIM:SHOP
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $0 Mil mean?
Shopify (LIM:SHOP) has a Long-Term Debt of $0 Mil as of Mar. 2026.
Is Shopify's Long-Term Debt too high?
Shopify's current Long-Term Debt is $0 Mil. Overall, Shopify has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shopify's Long-Term Debt compare to UBER and CRM?
Shopify's Long-Term Debt of $0 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a Software company?
A good Long-Term Debt depends on the Software industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Shopify's current Long-Term Debt is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shopify stock overvalued right now?
Based on GuruFocus' analysis, Shopify (LIM:SHOP) is currently considered Modestly Undervalued. The stock's GF Value™ is $129.64, compared to a current price of $111.00 — trading 14.4% below its estimated fair value. The current Long-Term Debt is $0 Mil. Shopify's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Shopify (LIM:SHOP), the current Long-Term Debt is $0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shopify (LIM:SHOP) Overvalued in 2026?

Based on GuruFocus' analysis, Shopify stock appears to be undervalued. The current stock price of $111.00 is trading 14.4% below its estimated GF Value™ of $129.64. GuruFocus considers Shopify to be Modestly Undervalued.

Key valuation signals for LIM:SHOP:

  • Long-Term Debt: $0 Mil
  • GF Value™: $129.64 vs. price of $111.00 (14.4% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the LIM:SHOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shopify Business Description

Address 151 O\'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P 2L8
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
82GF Score

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Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$111.00
Price
$129.64
GF Value