Shopify (SHOP) Current Leases (2018 - 2026)

Shopify's Current Leases history runs 9 years deep, the most recent figure standing at $16.0 million for Q1 2026.

• On a quarterly basis, Current Leases fell 15.79% year-over-year to $16.0 million in Q1 2026; TTM through Mar 2026 was $16.0 million, a 15.79% decrease from a year earlier, with the FY2025 full-year figure at $17.0 million, down 5.56% from the prior year.
• Current Leases fell to $16.0 million in Q1 2026 per SHOP's latest filing, from $17.0 million in the prior quarter.
• Across five years, Current Leases topped out at $20.0 million in Q2 2025 and bottomed at $16.0 million in Q1 2026.
• The 5-year median for Current Leases is $18.0 million (2022), against an average of $18.0 million.
• Across the five-year window, Current Leases advanced 14.3% in 2022 and dropped 15.79% in 2026, its largest moves.
• Year by year, Current Leases stood at $18.0 million in 2022, then declined by 5.56% to $17.0 million in 2023, then climbed by 5.88% to $18.0 million in 2024, then declined by 5.56% to $17.0 million in 2025, then dropped by 5.88% to $16.0 million in 2026.
• Per Business Quant, the three latest SHOP Current Leases figures stand at $16.0 million (Q1 2026), $17.0 million (Q4 2025), and $19.0 million (Q3 2025).