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Shopify (SHOP) Current Leases (2018 - 2026)

Shopify (SHOP) has disclosed Current Leases for 8 consecutive years, with $17.0 million as the latest value for Q4 2025.

  • For Q4 2025, Current Leases fell 5.56% year-over-year to $17.0 million; the TTM value through Dec 2025 reached $17.0 million, down 5.56%, while the annual FY2025 figure was $17.0 million, 5.56% down from the prior year.
  • Current Leases hit $17.0 million in Q4 2025 for Shopify, down from $19.0 million in the prior quarter.
  • Across five years, Current Leases topped out at $20.0 million in Q2 2025 and bottomed at $15.7 million in Q4 2021.
  • Average Current Leases over 5 years is $18.0 million, with a median of $18.0 million recorded in 2022.
  • Year-over-year, Current Leases soared 56.68% in 2021 and then fell 5.56% in 2023.
  • Shopify's Current Leases stood at $15.7 million in 2021, then grew by 14.3% to $18.0 million in 2022, then fell by 5.56% to $17.0 million in 2023, then grew by 5.88% to $18.0 million in 2024, then fell by 5.56% to $17.0 million in 2025.
  • According to Business Quant data, Current Leases over the past three periods came in at $17.0 million, $19.0 million, and $20.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.