Shopify (SHOP) Asset Writedowns and Impairment (2023 - 2026)
Shopify's 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 up 469.23% quarter-over-quarter from -$13.0 million in Q4 2025.
Shopify has reported Asset Writedowns and Impairment for 4 years, with the latest figure at $48.0 million in Q1 2026.
- For the quarter ending Q1 2026, Asset Writedowns and Impairment rose 11.63% year-over-year to $48.0 million; the trailing twelve-month figure through Mar 2026 stood at $82.0 million (up 254.72% YoY), and the FY2023 full-year result was $1.3 billion, up 1966.26% from the prior year.
- Asset Writedowns and Impairment for Q1 2026 stood at $48.0 million, up from -$13.0 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $1.3 billion in Q2 2023, with the low at -$96.0 million in Q4 2024.
- Average Asset Writedowns and Impairment over 4 years is $174.6 million, with a median of $35.5 million recorded in 2024.
- Year-over-year, Asset Writedowns and Impairment soared 86.46% in 2025 and increased 11.63% in 2026.
- Tracing SHOP's Asset Writedowns and Impairment over 4 years: stood at $1.3 billion in 2023, then plunged by 107.16% to -$96.0 million in 2024, then soared by 86.46% to -$13.0 million in 2025, then soared 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.00 Mn |
| Mar 31, 2026 | 48.00 Mn |
| Dec 31, 2025 | -13.00 Mn |
| Dec 31, 2025 | -13.00 Mn |
| Sep 30, 2025 | 3.00 Mn |
| Sep 30, 2025 | 3.00 Mn |
| Jun 30, 2025 | 44.00 Mn |
| Jun 30, 2025 | 44.00 Mn |
| Mar 31, 2025 | 43.00 Mn |
| Mar 31, 2025 | 43.00 Mn |
| Dec 31, 2024 | -96.00 Mn |
| Dec 31, 2024 | -96.00 Mn |
| Mar 31, 2024 | 28.00 Mn |
| Mar 31, 2024 | 28.00 Mn |
| Jun 30, 2023 | 1.34 Bn |
| Jun 30, 2023 | 1.34 Bn |