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Shopify (SHOP) Common Equity (2016 - 2026)

Shopify (SHOP) has disclosed Common Equity for 12 consecutive years, with $13.5 billion as the latest value for Q4 2025.

  • For Q4 2025, Common Equity rose 16.57% year-over-year to $13.5 billion; the TTM value through Dec 2025 reached $13.5 billion, up 16.57%, while the annual FY2025 figure was $13.5 billion, 16.57% up from the prior year.
  • Common Equity hit $13.5 billion in Q4 2025 for Shopify, up from $12.5 billion in the prior quarter.
  • Across five years, Common Equity topped out at $13.5 billion in Q4 2025 and bottomed at $8.2 billion in Q4 2022.
  • Average Common Equity over 5 years is $10.7 billion, with a median of $11.1 billion recorded in 2025.
  • Year-over-year, Common Equity surged 73.93% in 2021 and then fell 25.99% in 2022.
  • Shopify's Common Equity stood at $11.1 billion in 2021, then dropped by 25.99% to $8.2 billion in 2022, then grew by 10.04% to $9.1 billion in 2023, then rose by 27.49% to $11.6 billion in 2024, then rose by 16.57% to $13.5 billion in 2025.
  • According to Business Quant data, Common Equity over the past three periods came in at $13.5 billion, $12.5 billion, and $12.1 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.