Shopify (SHOP) Common Equity (2014 - 2026)
Shopify (SHOP) posted Common Equity of $12.7 billion for Q2 2026, up 1.46% on a QoQ basis from $12.5 billion in Q1 2026, and up 4.62% year-over-year from $12.1 billion in Q2 2025.
Analysis
Shopify (SHOP) Common Equity (2014 - 2026) Analysis & Trends
Shopify has reported Common Equity for 13 years, with the latest figure at $12.7 billion in Q2 2026.
- On a quarterly basis, Common Equity rose 4.62% year-over-year to $12.7 billion in Q2 2026; TTM through Jun 2026 was $12.7 billion, a 4.62% increase from a year earlier, with the FY2025 full-year figure at $13.5 billion, up 16.57% from the prior year.
- Common Equity was $12.7 billion for Q2 2026 at Shopify, up from $12.5 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.
- Average Common Equity over 5 years is $10.9 billion, with a median of $11.3 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Common Equity slipped 25.99% in 2022, then jumped 32.18% in 2025.
- Over 5 years, Common Equity stood at $8.2 billion in 2022, then gained by 10.04% to $9.1 billion in 2023, then climbed by 27.49% to $11.6 billion in 2024, then rose by 16.57% to $13.5 billion in 2025, then retreated by 5.86% to $12.7 billion in 2026.
- The last three Common Equity figures came in at $12.7 billion (Q2 2026), $12.5 billion (Q1 2026), and $13.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | 12.68 Bn |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | 903.66 Mn |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | 223.96 Mn |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | 246.82 Mn |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | 51.63 Mn |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | - |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | 6.76 Mn |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | 5.69 Mn |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | 7.17 Mn |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | 2.35 Mn |
Historic Data
Download Data
Historic 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 |