Shopify (SHOP) Equity Average (2015 - 2026)

Shopify's Equity Average history runs 12 years deep, the most recent figure standing at $13.0 billion for Q1 2026.

• In Q1 2026, Equity Average rose 14.88% year-over-year to $13.0 billion; the TTM figure through Mar 2026 stood at $13.0 billion (up 14.88% YoY), while the FY2025 annual figure was $12.5 billion, up 21.37% from the prior year.
• Equity Average was $13.0 billion for Q1 2026 at Shopify, roughly flat from $13.0 billion in the prior quarter.
• In the past five years, Equity Average ranged from a high of $13.0 billion in Q4 2025 to a low of $8.7 billion in Q4 2023.
• Historically, Equity Average has averaged $10.7 billion across 5 years, with a median of $10.8 billion in 2024.
• The sharpest annual moves came in 2023 and 2025: Equity Average declined 10.67% in 2023, then increased 28.29% in 2025.
• A 5-year view of Equity Average shows it stood at $9.7 billion in 2022, then decreased by 10.67% to $8.7 billion in 2023, then increased by 25.26% to $10.8 billion in 2024, then advanced by 19.87% to $13.0 billion in 2025, then decreased by 0.04% to $13.0 billion in 2026.
• The last three Equity Average figures came in at $13.0 billion (Q1 2026), $13.0 billion (Q4 2025), and $12.3 billion (Q3 2025), per Business Quant data.