Shopify (SHOP) Goodwill (2014 - 2026)
Shopify (SHOP) recorded quarterly Goodwill of $491.0 million in Q1 2026, little changed quarter-over-quarter from $491.0 million in Q4 2025, and little changed on a YoY basis from $491.0 million in Q1 2025.
Shopify (SHOP) Goodwill (2014 - 2026) Analysis & Trends
Shopify's Goodwill history runs 13 years deep, the most recent figure standing at $491.0 million for Q1 2026.
- In Q1 2026, Goodwill changed 0.0% year-over-year to $491.0 million; the TTM figure through Mar 2026 stood at $491.0 million (changed 0.0% YoY), while the FY2025 annual figure was $491.0 million, up 8.63% from the prior year.
- Goodwill was $491.0 million for Q1 2026 at Shopify, roughly flat from $491.0 million in the prior quarter.
- In the past five years, Goodwill ranged from a high of $1.8 billion in Q4 2022 to a low of $427.0 million in Q4 2023.
- Historically, Goodwill has averaged $646.2 million across 5 years, with a median of $491.0 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Goodwill jumped 414.29% in 2022, then plunged 76.74% in 2023.
- A 5-year view of Goodwill shows it stood at $1.8 billion in 2022, then slumped by 76.74% to $427.0 million in 2023, then advanced by 5.85% to $452.0 million in 2024, then grew by 8.63% to $491.0 million in 2025, then changed by 0.0% to $491.0 million in 2026.
- The last three Goodwill figures came in at $491.0 million (Q1 2026), $491.0 million (Q4 2025), and $491.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 491.00 Mn |
| Dec 31, 2025 | 491.00 Mn |
| Sep 30, 2025 | 491.00 Mn |
| Jun 30, 2025 | 491.00 Mn |
| Mar 31, 2025 | 491.00 Mn |
| Dec 31, 2024 | 452.00 Mn |
| Dec 31, 2023 | 427.00 Mn |
| Dec 31, 2022 | 1.84 Bn |
| Dec 31, 2021 | 357.00 Mn |
| Dec 31, 2020 | 311.87 Mn |
| Dec 31, 2019 | 311.87 Mn |
| Dec 31, 2018 | 38.02 Mn |
| Dec 31, 2017 | 20.32 Mn |
| Dec 31, 2016 | 15.50 Mn |
| Dec 31, 2015 | 2.37 Mn |
| Dec 31, 2014 | 2.37 Mn |