Growth Metrics

Shopify (SHOP) Enterprise Value (2016 - 2025)

Shopify has reported Enterprise Value over the past 12 years, most recently at -$5.8 billion for Q4 2025.

  • Quarterly results put Enterprise Value at -$5.8 billion for Q4 2025, down 5.46% from a year ago — trailing twelve months through Dec 2025 was -$5.8 billion (down 5.46% YoY), and the annual figure for FY2025 was -$5.8 billion, down 5.46%.
  • Enterprise Value for Q4 2025 was -$5.8 billion at Shopify, up from -$6.3 billion in the prior quarter.
  • Over the last five years, Enterprise Value for SHOP hit a ceiling of -$5.0 billion in Q4 2023 and a floor of -$7.8 billion in Q4 2021.
  • Median Enterprise Value over the past 5 years was -$5.6 billion (2025), compared with a mean of -$5.8 billion.
  • Biggest five-year swings in Enterprise Value: decreased 21.61% in 2021 and later soared 34.95% in 2022.
  • Shopify's Enterprise Value stood at -$7.8 billion in 2021, then soared by 34.95% to -$5.1 billion in 2022, then grew by 0.89% to -$5.0 billion in 2023, then decreased by 9.4% to -$5.5 billion in 2024, then dropped by 5.46% to -$5.8 billion in 2025.
  • The last three reported values for Enterprise Value were -$5.8 billion (Q4 2025), -$6.3 billion (Q3 2025), and -$5.8 billion (Q2 2025) per Business Quant data.