Shopify (SHOP) Depreciation & Amortization (CF) (2024 - 2026)
Shopify's Depreciation & Amortization (CF) was $7 million in Q2 2026, down 12.5% from $8 million a year earlier and unchanged from the prior quarter.
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Analysis
Shopify (SHOP) Depreciation & Amortization (CF) (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Shopify's Depreciation & Amortization (CF) was $29 million through Jun 30, 2026, down 9.4% year-over-year; for FY2025, it was $31 million, down 13.9% from FY2024.
- Depreciation & Amortization (CF) has now declined for three consecutive years, with a five-year compound annual growth rate of -15.0% (FY2020 to FY2025).
- In earlier years, Depreciation & Amortization (CF) was $36 million in FY2024 (-48.6%), $70 million in FY2023 (-24.7%), $93 million in FY2022 (+40.3%) and $66.31 million in FY2021 (-5.4%).
- Quarterly Depreciation & Amortization (CF) has moved between $7 million (Q4 2025) and $10 million (Q2 2024) over five years.
- Compared with a year earlier, Depreciation & Amortization (CF) has declined for three straight quarters, with an average decline of 12.9% over the last six quarters.
- Per Business Quant data, SHOP's Depreciation & Amortization (CF) in the three quarters before Q2 2026 was $7 million (Q1 2026), $7 million (Q4 2025) and $8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 7.10 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 6.36 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 100.53 Mn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | - |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 7.00 Mn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 195.00 Mn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 129.00 Mn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | -418.45 Mn |
| 10 | AppLovin | 97.38 Bn | 87.41 Bn | 1.70 Bn | 32.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.00 Mn |
| Mar 31, 2026 | 7.00 Mn |
| Dec 31, 2025 | 7.00 Mn |
| Sep 30, 2025 | 8.00 Mn |
| Jun 30, 2025 | 8.00 Mn |
| Mar 31, 2025 | 8.00 Mn |
| Dec 31, 2024 | 8.00 Mn |
| Sep 30, 2024 | 8.00 Mn |
| Jun 30, 2024 | 10.00 Mn |
| Mar 31, 2024 | 10.00 Mn |
API Access
Shopify Depreciation & Amortization (CF) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "ticker": "SHOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();