Shopify (SHOP) Asset Writedowns and Impairment (2024 - 2026)

Shopify's Asset Writedowns and Impairment history runs 3 years deep, the most recent figure standing at $48.0 million for Q1 2026.

• In Q1 2026, Asset Writedowns and Impairment rose 11.63% year-over-year to $48.0 million; the TTM figure through Mar 2026 stood at $82.0 million (up 254.72% YoY), while the FY2023 annual figure was $1.3 billion, up 1554.32% from the prior year.
• Asset Writedowns and Impairment was $48.0 million for Q1 2026 at Shopify, up from -$13.0 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $48.0 million in Q1 2026 to a low of -$96.0 million in Q4 2024.
• Historically, Asset Writedowns and Impairment has averaged $8.1 million across 3 years, with a median of $28.0 million in 2024.
• The sharpest annual moves came in 2025 and 2026: Asset Writedowns and Impairment jumped 86.46% in 2025, then climbed 11.63% in 2026.
• A 3-year view of Asset Writedowns and Impairment shows it stood at -$96.0 million in 2024, then surged by 86.46% to -$13.0 million in 2025, then surged by 469.23% to $48.0 million in 2026.
• The last three Asset Writedowns and Impairment figures came in at $48.0 million (Q1 2026), -$13.0 million (Q4 2025), and $3.0 million (Q3 2025), per Business Quant data.