Shopify (SHOP) Common Equity (2014 - 2026)
Shopify (SHOP) posted quarterly Common Equity of $12.5 billion for Q1 2026, up 13.12% year-over-year from $11.1 billion in Q1 2025, and down 7.21% quarter-over-quarter from $13.5 billion in Q4 2025.
Shopify (SHOP) Common Equity (2014 - 2026) Analysis & Trends
Shopify's Common Equity history runs 13 years deep, the most recent figure standing at $12.5 billion for Q1 2026.
- In Q1 2026, Common Equity rose 13.12% year-over-year to $12.5 billion; the TTM figure through Mar 2026 stood at $12.5 billion (up 13.12% YoY), while the FY2025 annual figure was $13.5 billion, up 16.57% from the prior year.
- Common Equity for Q1 2026 stood at $12.5 billion, down from $13.5 billion in the prior quarter.
- The five-year high for Common Equity was $13.5 billion in Q4 2025, with the low at $8.2 billion in Q4 2022.
- The 5-year median for Common Equity is $11.1 billion (2025), against an average of $10.8 billion.
- The sharpest annual moves came in 2022 and 2025: Common Equity retreated 25.99% in 2022, then surged 32.18% in 2025.
- Shopify's Common Equity stood at $8.2 billion in 2022, then increased by 10.04% to $9.1 billion in 2023, then gained by 27.49% to $11.6 billion in 2024, then grew by 16.57% to $13.5 billion in 2025, then slipped by 7.21% to $12.5 billion in 2026.
- Business Quant data shows SHOP's Common Equity at $12.5 billion in Q1 2026, $13.5 billion in Q4 2025, and $12.5 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 52.59 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 12.68 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 34.24 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 28.22 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 12.52 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.94 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 6.03 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 11.52 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 20.63 Bn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 4.37 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.68 Bn |
| Mar 31, 2026 | 12.50 Bn |
| Dec 31, 2025 | 13.47 Bn |
| Sep 30, 2025 | 12.51 Bn |
| Jun 30, 2025 | 12.12 Bn |
| Mar 31, 2025 | 11.05 Bn |
| Dec 31, 2024 | 11.56 Bn |
| Sep 30, 2024 | 10.12 Bn |
| Jun 30, 2024 | 9.17 Bn |
| Mar 31, 2024 | 8.89 Bn |
| Dec 31, 2023 | 9.07 Bn |
| Dec 31, 2022 | 8.24 Bn |
| Dec 31, 2021 | 11.13 Bn |
| Dec 31, 2020 | 6.40 Bn |
| Dec 31, 2019 | 3.02 Bn |
| Dec 31, 2018 | 2.09 Bn |
| Dec 31, 2017 | 1.00 Bn |
| Dec 31, 2016 | 410.48 Mn |
| Dec 31, 2015 | 195.32 Mn |
| Dec 31, 2014 | 67.73 Mn |