Shopify (SHOP) Assets Average (2015 - 2026)
Shopify (SHOP) posted Assets Average of $14.3 billion for Q2 2026, down 2.45% on a QoQ basis from $14.7 billion in Q1 2026, and up 2.25% year-over-year from $14.0 billion in Q2 2025.
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Analysis
Shopify (SHOP) Assets Average (2015 - 2026) Analysis & Trends
Shopify has reported Assets Average for 11 years, with the latest figure at $14.3 billion in Q2 2026.
- On a quarterly basis, Assets Average rose 2.25% year-over-year to $14.3 billion in Q2 2026; TTM through Jun 2026 was $14.3 billion, a 2.25% increase from a year earlier, with the FY2025 full-year figure at $14.6 billion, up 15.42% from the prior year.
- Assets Average was $14.3 billion for Q2 2026 at Shopify, down from $14.7 billion in the prior quarter.
- The five-year high for Assets Average was $15.1 billion in Q4 2025, with the low at $11.0 billion in Q4 2023.
- Average Assets Average over 4 years is $13.7 billion, with a median of $14.1 billion recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Assets Average advanced 14.19% in 2022, then retreated 8.47% in 2023.
- Over 4 years, Assets Average stood at $12.0 billion in 2022, then slipped by 8.47% to $11.0 billion in 2023, then jumped by 37.05% to $15.1 billion in 2025, then dropped by 5.42% to $14.3 billion in 2026.
- The last three Assets Average figures came in at $14.3 billion (Q2 2026), $14.7 billion (Q1 2026), and $15.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn | 812.95 Bn |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn | 422.60 Bn |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn | 59.73 Bn |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn | 282.43 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn | 14.30 Bn |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn | 62.84 Bn |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - | 28.70 Bn |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn | 95.11 Bn |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn | 15.67 Bn |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn | 7.99 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.30 Bn |
| Mar 31, 2026 | 14.66 Bn |
| Dec 31, 2025 | 15.11 Bn |
| Sep 30, 2025 | 14.80 Bn |
| Jun 30, 2025 | 13.98 Bn |
| Mar 31, 2025 | 13.66 Bn |
| Dec 31, 2023 | 11.03 Bn |
| Dec 31, 2022 | 12.05 Bn |
| Dec 31, 2021 | 10.55 Bn |
| Dec 31, 2020 | 5.63 Bn |
| Dec 31, 2019 | 2.87 Bn |
| Dec 31, 2018 | 1.68 Bn |
| Dec 31, 2017 | 802.06 Mn |
| Dec 31, 2016 | 367.14 Mn |
| Dec 31, 2015 | 169.45 Mn |
API Access
Shopify Assets Average API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets-average&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets-average", "ticker": "SHOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets-average&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();