Shopify (SHOP) Enterprise Value (2014 - 2026)

Shopify (SHOP) posted quarterly Enterprise Value of -$5.7 billion for Q1 2026, down 4.15% year-over-year from -$6.0 billion in Q1 2025, and up 0.61% quarter-over-quarter from -$5.8 billion in Q4 2025.

Shopify (SHOP) Enterprise Value (2014 - 2026) Analysis & Trends

Shopify's Enterprise Value history runs 13 years deep, the most recent figure standing at -$5.7 billion for Q1 2026.

  • In Q1 2026, Enterprise Value fell 4.15% year-over-year to -$5.7 billion; the TTM figure through Mar 2026 stood at -$5.7 billion (down 4.15% YoY), while the FY2025 annual figure was -$5.8 billion, down 5.46% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$5.7 billion, up from -$5.8 billion in the prior quarter.
  • The five-year high for Enterprise Value was -$5.0 billion in Q4 2023, with the low at -$6.3 billion in Q3 2025.
  • The 5-year median for Enterprise Value is -$5.6 billion (2025), against an average of -$5.6 billion.
  • The sharpest annual moves came in 2022 and 2024: Enterprise Value soared 34.95% in 2022, then slipped 9.4% in 2024.
  • Shopify's Enterprise Value stood at -$5.1 billion in 2022, then advanced by 0.89% to -$5.0 billion in 2023, then fell by 9.4% to -$5.5 billion in 2024, then declined by 5.46% to -$5.8 billion in 2025, then advanced by 0.61% to -$5.7 billion in 2026.
  • Business Quant data shows SHOP's Enterprise Value at -$5.7 billion in Q1 2026, -$5.8 billion in Q4 2025, and -$6.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -21.07 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn -4.95 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn -11.84 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn -5.21 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn -4.66 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -2.95 Bn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -4.23 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn -5.63 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn -6.78 Bn
10 Datadog 91.70 Bn 86.71 Bn 881.34 Mn -4.99 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 -4.95 Bn
Mar 31, 2026 -5.74 Bn
Dec 31, 2025 -5.78 Bn
Sep 30, 2025 -6.35 Bn
Jun 30, 2025 -5.82 Bn
Mar 31, 2025 -5.51 Bn
Dec 31, 2024 -5.48 Bn
Dec 31, 2023 -5.01 Bn
Dec 31, 2022 -5.05 Bn
Dec 31, 2021 -7.77 Bn
Dec 31, 2020 -6.39 Bn
Dec 31, 2019 -2.46 Bn
Dec 31, 2018 -1.97 Bn
Dec 31, 2017 -938.04 Mn
Dec 31, 2016 -392.41 Mn
Dec 31, 2015 -190.17 Mn
Dec 31, 2014 -59.66 Mn