Shopify (SHOP) Current Leases (2018 - 2026)
Shopify's quarterly Current Leases came in at $16.0 million in Q1 2026, down 15.79% year-on-year from $19.0 million in Q1 2025, and down 5.88% quarter-over-quarter from $17.0 million in Q4 2025.
Shopify has reported Current Leases for 9 years, with the latest figure at $16.0 million in Q1 2026.
- For the quarter ending Q1 2026, Current Leases fell 15.79% year-over-year to $16.0 million; the trailing twelve-month figure through Mar 2026 stood at $16.0 million (down 15.79% YoY), and the FY2025 full-year result was $17.0 million, down 5.56% from the prior year.
- Current Leases for Q1 2026 stood at $16.0 million, down from $17.0 million in the prior quarter.
- The five-year high for Current Leases was $137.0 million in Q1 2023, with the low at $56.0 in Q3 2024.
- Average Current Leases over 5 years is $39.0 million, with a median of $18.5 million recorded in 2022.
- Year-over-year, Current Leases jumped 148358442.7% in 2023 and tumbled 73.97% in 2025.
- Tracing SHOP's Current Leases over 5 years: stood at $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, then declined by 5.88% to $16.0 million in 2026.
- The last three Current Leases figures came in at $16.0 million (Q1 2026), $17.0 million (Q4 2025), and $19.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 548.00 Mn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 195.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 16.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 118.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 84.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 41.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.00 Mn |
| Dec 31, 2025 | 17.00 Mn |
| Sep 30, 2025 | 19.00 Mn |
| Jun 30, 2025 | 20.00 Mn |
| Mar 31, 2025 | 19.00 Mn |
| Dec 31, 2024 | 18.00 Mn |
| Sep 30, 2024 | 56.00 |
| Jun 30, 2024 | 64.00 Mn |
| Mar 31, 2024 | 73.00 Mn |
| Dec 31, 2023 | 17.00 Mn |
| Jun 30, 2023 | 128.00 Mn |
| Mar 31, 2023 | 137.00 Mn |
| Dec 31, 2022 | 18.00 Mn |
| Jun 30, 2022 | 86.28 |
| Dec 31, 2021 | 15.75 Mn |
| Dec 31, 2020 | 10.05 Mn |
| Dec 31, 2019 | 9.07 Mn |
| Dec 31, 2018 | 2.55 Mn |