Growth Metrics

Shopify (SHOP) Exchange Rate Effect (2024 - 2025)

Shopify has reported Exchange Rate Effect over the past 2 years, most recently at -$2.0 million for Q4 2025.

  • Quarterly results put Exchange Rate Effect at -$2.0 million for Q4 2025, up 83.33% from a year ago — trailing twelve months through Dec 2025 was $15.0 million (up 350.0% YoY), and the annual figure for FY2025 was $15.0 million, up 350.0%.
  • Exchange Rate Effect for Q4 2025 was -$2.0 million at Shopify, down from $13.0 million in the prior quarter.
  • Over the last five years, Exchange Rate Effect for SHOP hit a ceiling of $13.0 million in Q2 2025 and a floor of -$12.0 million in Q4 2024.