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Shopify (SHOP) Goodwill (2016 - 2026)

Shopify (SHOP) has disclosed Goodwill for 12 consecutive years, with $491.0 million as the latest value for Q4 2025.

  • For Q4 2025, Goodwill rose 8.63% year-over-year to $491.0 million; the TTM value through Dec 2025 reached $491.0 million, up 8.63%, while the annual FY2025 figure was $491.0 million, 8.63% up from the prior year.
  • Goodwill hit $491.0 million in Q4 2025 for Shopify, roughly flat from $491.0 million in the prior quarter.
  • Across five years, Goodwill topped out at $1.8 billion in Q4 2022 and bottomed at $357.0 million in Q4 2021.
  • Average Goodwill over 5 years is $629.5 million, with a median of $491.0 million recorded in 2025.
  • Year-over-year, Goodwill surged 414.29% in 2022 and then crashed 76.74% in 2023.
  • Shopify's Goodwill stood at $357.0 million in 2021, then soared by 414.29% to $1.8 billion in 2022, then plummeted by 76.74% to $427.0 million in 2023, then rose by 5.85% to $452.0 million in 2024, then increased by 8.63% to $491.0 million in 2025.
  • According to Business Quant data, Goodwill over the past three periods came in at $491.0 million, $491.0 million, and $491.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.