Growth Metrics

Shopify (SHOP) Exchange Rate Effect (2024 - 2026)

Shopify (SHOP) has disclosed Exchange Rate Effect for 2 consecutive years, with -$2.0 million as the latest value for Q4 2025.

  • For Q4 2025, Exchange Rate Effect rose 83.33% year-over-year to -$2.0 million; the TTM value through Dec 2025 reached $15.0 million, up 350.0%, while the annual FY2025 figure was $15.0 million, 350.0% up from the prior year.
  • Exchange Rate Effect hit -$2.0 million in Q4 2025 for Shopify, down from $13.0 million in the prior quarter.
  • Across five years, Exchange Rate Effect topped out at $13.0 million in Q2 2025 and bottomed at -$12.0 million in Q4 2024.