Shopify (SHOP) Goodwill & Intangibles (2014 - 2026)

Shopify (SHOP) recorded quarterly Goodwill & Intangibles of $519.0 million in Q1 2026, little changed quarter-over-quarter from $521.0 million in Q4 2025, and down 2.08% on a YoY basis from $530.0 million in Q1 2025.

Shopify (SHOP) Goodwill & Intangibles (2014 - 2026) Analysis & Trends

Shopify's Goodwill & Intangibles history runs 13 years deep, the most recent figure standing at $519.0 million for Q1 2026.

  • In Q1 2026, Goodwill & Intangibles fell 2.08% year-over-year to $519.0 million; the TTM figure through Mar 2026 stood at $519.0 million (down 2.08% YoY), while the FY2025 annual figure was $521.0 million, up 9.92% from the prior year.
  • Goodwill & Intangibles was $519.0 million for Q1 2026 at Shopify, roughly flat from $521.0 million in the prior quarter.
  • In the past five years, Goodwill & Intangibles ranged from a high of $2.2 billion in Q4 2022 to a low of $456.0 million in Q4 2023.
  • Historically, Goodwill & Intangibles has averaged $722.1 million across 5 years, with a median of $522.5 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: Goodwill & Intangibles soared 349.25% in 2022, then sank 79.51% in 2023.
  • A 5-year view of Goodwill & Intangibles shows it stood at $2.2 billion in 2022, then tumbled by 79.51% to $456.0 million in 2023, then climbed by 3.95% to $474.0 million in 2024, then advanced by 9.92% to $521.0 million in 2025, then declined by 0.38% to $519.0 million in 2026.
  • The last three Goodwill & Intangibles figures came in at $519.0 million (Q1 2026), $521.0 million (Q4 2025), and $524.0 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 519.00 Mn
Dec 31, 2025 521.00 Mn
Sep 30, 2025 524.00 Mn
Jun 30, 2025 527.00 Mn
Mar 31, 2025 530.00 Mn
Dec 31, 2024 474.00 Mn
Dec 31, 2023 456.00 Mn
Dec 31, 2022 2.23 Bn
Dec 31, 2021 495.50 Mn
Dec 31, 2020 447.54 Mn
Dec 31, 2019 479.15 Mn
Dec 31, 2018 64.09 Mn
Dec 31, 2017 37.53 Mn
Dec 31, 2016 21.94 Mn
Dec 31, 2015 8.20 Mn
Dec 31, 2014 5.08 Mn