SHOPIFY INC
For the period ended Mar 31, 2025. Filed May 8, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 8, 2025
SHOP$146.61-3.6%Stored close · as of Nov 10, 2026
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14. Changes in Accumulated Other Comprehensive (Loss) Income
- Changes in Accumulated Other Comprehensive (Loss) Income
The following table summarizes the changes in accumulated other comprehensive (loss) income, which is reported as a component of shareholders’ equity, were as follows:
| Three months ended | ||
|---|---|---|
| March 31, 2025 | March 31, 2024 | |
| (in US $ millions) | ||
| Balance, beginning of the period | (10) | 4 |
| Other comprehensive (loss) income before reclassifications | (1) | (8) |
| Gain on cash flow hedges reclassified from accumulated other comprehensive (loss) income to earnings: | ||
| Sales and marketing | 1 | — |
| Research and development | 4 | — |
| General and administrative | 1 | — |
| Tax effect on unrealized loss on cash flow hedges | (1) | — |
| Other comprehensive income (loss), net of tax | 4 | (8) |
| Balance, end of the period | (6) | (4) |
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