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Shopify (SHOP) Goodwill (2016 - 2025)

Shopify has reported Goodwill over the past 12 years, most recently at $491.0 million for Q4 2025.

  • Quarterly results put Goodwill at $491.0 million for Q4 2025, up 8.63% from a year ago — trailing twelve months through Dec 2025 was $491.0 million (up 8.63% YoY), and the annual figure for FY2025 was $491.0 million, up 8.63%.
  • Goodwill for Q4 2025 was $491.0 million at Shopify, roughly flat from $491.0 million in the prior quarter.
  • Over the last five years, Goodwill for SHOP hit a ceiling of $1.8 billion in Q4 2022 and a floor of $357.0 million in Q4 2021.
  • Median Goodwill over the past 5 years was $491.0 million (2025), compared with a mean of $629.5 million.
  • Biggest five-year swings in Goodwill: soared 414.29% in 2022 and later plummeted 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.
  • The last three reported values for Goodwill were $491.0 million (Q4 2025), $491.0 million (Q3 2025), and $491.0 million (Q2 2025) per Business Quant data.