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| Date | Value |
|---|---|
| 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 |