Growth Metrics

Shopify (SHOP) Depreciation & Amortization (IS) (2014 - 2024)

Shopify's quarterly Depreciation & Amortization (IS) came in at $10.0 million in Q2 2024, down 41.18% year-on-year from $17.0 million in Q3 2023, and little changed quarter-over-quarter from $10.0 million in Q1 2024.

Shopify has reported Depreciation & Amortization (IS) for 11 years, with the latest figure at $10.0 million in Q2 2024.

  • For the quarter ending Q2 2024, Depreciation & Amortization (IS) fell 41.18% year-over-year to $10.0 million; the trailing twelve-month figure through Jun 2024 stood at $67.0 million (down 25.68% YoY), and the FY2022 full-year result was $69.6 million, up 31.59% from the prior year.
  • Depreciation & Amortization (IS) for Q2 2024 stood at $10.0 million, roughly flat from $10.0 million in the prior quarter.
  • The five-year high for Depreciation & Amortization (IS) was $30.0 million in Q1 2023, with the low at $10.0 million in Q1 2024.
  • Average Depreciation & Amortization (IS) over 5 years is $15.3 million, with a median of $13.6 million recorded in 2020.
  • Year-over-year, Depreciation & Amortization (IS) soared 160.78% in 2020 and slumped 66.67% in 2024.
  • Tracing SHOP's Depreciation & Amortization (IS) over 5 years: stood at $13.7 million in 2020, then increased by 28.56% to $17.6 million in 2021, then grew by 24.51% to $22.0 million in 2022, then decreased by 22.62% to $17.0 million in 2023, then sank by 41.18% to $10.0 million in 2024.
  • The last three Depreciation & Amortization (IS) figures came in at $10.0 million (Q2 2024), $10.0 million (Q1 2024), and $17.0 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Dep. & Amort. (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn -
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 184.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn -
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 122.10 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn -
10 Datadog 78.54 Bn 73.78 Bn 797.20 Mn -

Historic Data

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DateValue
Jun 30, 2024 10.00 Mn
Mar 31, 2024 10.00 Mn
Jun 30, 2023 17.00 Mn
Mar 31, 2023 30.00 Mn
Dec 31, 2022 21.97 Mn
Sep 30, 2022 21.18 Mn
Jun 30, 2022 12.87 Mn
Mar 31, 2022 16.67 Mn
Dec 31, 2021 17.64 Mn
Sep 30, 2021 10.81 Mn
Jun 30, 2021 11.93 Mn
Mar 31, 2021 12.48 Mn
Dec 31, 2020 13.72 Mn
Sep 30, 2020 13.41 Mn
Jun 30, 2020 14.37 Mn
Mar 31, 2020 10.72 Mn
Dec 31, 2019 9.62 Mn
Sep 30, 2019 6.62 Mn
Jun 30, 2019 5.51 Mn
Mar 31, 2019 5.14 Mn
Dec 31, 2018 4.43 Mn
Sep 30, 2018 4.74 Mn
Jun 30, 2018 5.76 Mn
Mar 31, 2018 6.00 Mn
Dec 31, 2017 6.11 Mn
Sep 30, 2017 4.57 Mn
Jun 30, 2017 3.98 Mn
Mar 31, 2017 3.42 Mn
Dec 31, 2016 3.33 Mn
Jun 30, 2016 2.78 Mn
Mar 31, 2016 3.06 Mn
Dec 31, 2015 2.20 Mn
Sep 30, 2015 1.91 Mn
Jun 30, 2015 1.66 Mn
Mar 31, 2015 1.47 Mn
Dec 31, 2014 1.31 Mn
Sep 30, 2014 1.30 Mn