Shopify (SHOP) Asset Utilization Ratio (2025 - 2026)
Shopify (SHOP) posted Asset Utilization Ratio of 0.93 for Q2 2026, up 10.0% on a QoQ basis from 0.84 in Q1 2026, and up 29.58% year-over-year from 0.72 in Q2 2025.
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Shopify (SHOP) Asset Utilization Ratio (2025 - 2026) Analysis & Trends
Shopify has reported Asset Utilization Ratio for 2 years, with the latest figure at 0.93 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio rose 29.58% year-over-year to 0.93 in Q2 2026; TTM through Jun 2026 was 0.93, a 29.58% increase from a year earlier, with the FY2025 full-year figure at 0.79, up 12.75% from the prior year.
- Asset Utilization Ratio was 0.93 for Q2 2026 at Shopify, up from 0.84 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.93 in Q2 2026, with the low at 0.69 in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | 0.93 |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | 0.83 |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | 1.07 |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | - |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | 1.07 |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | 1.06 |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | - |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | 2.63 |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | 0.00 |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | 1.31 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.93 |
| Mar 31, 2026 | 0.84 |
| Dec 31, 2025 | 0.76 |
| Sep 30, 2025 | 0.72 |
| Jun 30, 2025 | 0.72 |
| Mar 31, 2025 | 0.69 |