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
DateValue
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