Shopify (SHOP) Asset Writedowns and Impairment (2024 - 2026)
Shopify (SHOP) posted quarterly Asset Writedowns and Impairment of $48.0 million for Q1 2026, up 11.63% year-over-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.
- 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 $278.0 million (up 150.45% YoY), while the FY2025 annual figure was $230.0 million, changed N/A from the prior year.
- Asset Writedowns and Impairment for Q1 2026 stood at $48.0 million, down from $217.0 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $217.0 million in Q4 2025, with the low 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.
- Peak annual rise in Asset Writedowns and Impairment reached 53.57% in 2025, while the deepest fall reached 92.86% in 2025.
- Shopify's Asset Writedowns and Impairment stood at $42.0 million in 2024, then surged by 416.67% to $217.0 million in 2025, then plunged by 77.88% to $48.0 million in 2026.
- Business Quant data shows SHOP's Asset Writedowns and Impairment at $48.0 million in Q1 2026, $217.0 million in Q4 2025, and $3.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.14 Bn | 233.48 Bn | 16.51 Bn |
| 2 | Shopify | 193.20 Bn | 188.25 Bn | 1.71 Bn |
| 3 | Salesforce | 181.45 Bn | 169.61 Bn | 8.56 Bn |
| 4 | Uber Technologies | 160.53 Bn | 155.14 Bn | 6.38 Bn |
| 5 | ServiceNow | 133.04 Bn | 128.38 Bn | 2.82 Bn |
| 6 | Snowflake | 114.80 Bn | 111.85 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 113.03 Bn | 108.80 Bn | 2.51 Bn |
| 8 | Adobe | 110.91 Bn | 105.29 Bn | 5.90 Bn |
| 9 | Intuit | 101.34 Bn | 94.56 Bn | 7.24 Bn |
| 10 | Cadence Design Systems | 87.39 Bn | 85.95 Bn | 1.41 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 94.00 Mn |
| Jun 30, 2026 | 94.00 Mn |
| 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 |