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

Shopify's (SHOP) quarterly Asset Writedowns and Impairment came in at $48.0 million in Q1 2026, up 11.63% year-on-year from $43.0 million in Q1 2025, and down 77.88% quarter-over-quarter from $217.0 million in Q4 2025.

Shopify (SHOP) Asset Writedowns and Impairment (2024 - 2026) Analysis & Trends

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

  • On a quarterly basis, Asset Writedowns and Impairment rose 11.63% year-over-year to $48.0 million in Q1 2026; TTM through Mar 2026 was $278.0 million, a 150.45% increase from a year earlier, with the FY2025 full-year figure at $230.0 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment slipped to $48.0 million in Q1 2026 per SHOP's latest filing, from $217.0 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $217.0 million in Q4 2025 and bottomed at $3.0 million in Q3 2025.
  • The 3-year median for Asset Writedowns and Impairment is $35.0 million (2024), against an average of $52.1 million.
  • Biggest YoY gain for Asset Writedowns and Impairment was 53.57% in 2025; the steepest drop was 92.86% in 2025.
  • Year by year, Asset Writedowns and Impairment stood at $42.0 million in 2024, then soared by 416.67% to $217.0 million in 2025, then tumbled by 77.88% to $48.0 million in 2026.
  • Per Business Quant, the three latest SHOP Asset Writedowns and Impairment figures stand at $48.0 million (Q1 2026), $217.0 million (Q4 2025), and $3.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 200.18 Bn 179.95 Bn 8.16 Bn
2 Full Truck Alliance 192.40 Bn 189.70 Bn -
3 Shopify 161.49 Bn 155.75 Bn 1.55 Bn
4 Salesforce 150.93 Bn 139.09 Bn 8.56 Bn
5 Uber Technologies 139.24 Bn 138.03 Bn 5.95 Bn
6 ServiceNow 107.89 Bn 103.23 Bn 2.82 Bn
7 Automatic Data Processing 102.89 Bn 99.66 Bn 2.87 Bn
8 Adobe 95.84 Bn 90.21 Bn 5.90 Bn
9 Snowflake 93.25 Bn 90.29 Bn 926.45 Mn
10 Cadence Design Systems 92.32 Bn 90.91 Bn 1.41 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 48.00 Mn
Mar 31, 2026 48.00 Mn
Dec 31, 2025 217.00 Mn
Dec 31, 2025 217.00 Mn
Sep 30, 2025 3.00 Mn
Sep 30, 2025 3.00 Mn
Jun 30, 2025 10.00 Mn
Jun 30, 2025 10.00 Mn
Mar 31, 2025 43.00 Mn
Mar 31, 2025 43.00 Mn
Sep 30, 2024 42.00 Mn
Sep 30, 2024 42.00 Mn
Jun 30, 2024 26.00 Mn
Jun 30, 2024 26.00 Mn
Mar 31, 2024 28.00 Mn
Mar 31, 2024 28.00 Mn