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
DateValue
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