Shopify (SHOP) Assets Average (2015 - 2026)
Shopify's (SHOP) quarterly Assets Average came in at $14.7 billion in Q1 2026, up 7.27% year-on-year from $13.7 billion in Q1 2025, and down 3.04% quarter-over-quarter from $15.1 billion in Q4 2025.
Shopify (SHOP) Assets Average (2015 - 2026) Analysis & Trends
Shopify's Assets Average history runs 11 years deep, the most recent figure standing at $14.7 billion for Q1 2026.
- On a quarterly basis, Assets Average rose 7.27% year-over-year to $14.7 billion in Q1 2026; TTM through Mar 2026 was $14.7 billion, a 7.27% increase from a year earlier, with the FY2025 full-year figure at $14.6 billion, up 15.42% from the prior year.
- Assets Average eased to $14.7 billion in Q1 2026 per SHOP's latest filing, from $15.1 billion in the prior quarter.
- Across five years, Assets Average topped out at $15.1 billion in Q4 2025 and bottomed at $11.0 billion in Q4 2023.
- The 4-year median for Assets Average is $14.0 billion (2025), against an average of $13.6 billion.
- Across the five-year window, Assets Average climbed 14.19% in 2022 and decreased 8.47% in 2023, its largest moves.
- Year by year, Assets Average stood at $12.0 billion in 2022, then decreased by 8.47% to $11.0 billion in 2023, then soared by 37.05% to $15.1 billion in 2025, then slipped by 3.04% to $14.7 billion in 2026.
- Per Business Quant, the three latest SHOP Assets Average figures stand at $14.7 billion (Q1 2026), $15.1 billion (Q4 2025), and $14.8 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 83.95 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 6.37 Bn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 14.66 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 60.84 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 109.49 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 28.02 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 74.56 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 8.84 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 11.13 Bn |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 6.80 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |