Shopify (SHOP) Intangibles (2014 - 2026)
Shopify's quarterly Intangibles came in at $28.0 million in Q1 2026, down 28.21% year-on-year from $39.0 million in Q1 2025, and down 6.67% quarter-over-quarter from $30.0 million in Q4 2025.
Shopify has reported Intangibles for 13 years, with the latest figure at $28.0 million in Q1 2026.
- For the quarter ending Q1 2026, Intangibles fell 28.21% year-over-year to $28.0 million; the trailing twelve-month figure through Mar 2026 stood at $28.0 million (down 28.21% YoY), and the FY2025 full-year result was $30.0 million, up 36.36% from the prior year.
- Intangibles for Q1 2026 stood at $28.0 million, down from $30.0 million in the prior quarter.
- The five-year high for Intangibles was $315.0 million in Q3 2022, with the low at -$76.6 million in Q4 2022.
- Average Intangibles over 5 years is $54.5 million, with a median of $30.0 million recorded in 2025.
- Year-over-year, Intangibles sank 169.73% in 2022 and jumped 599.18% in 2024.
- Tracing SHOP's Intangibles over 5 years: stood at -$76.6 million in 2022, then jumped by 94.25% to -$4.4 million in 2023, then jumped by 599.18% to $22.0 million in 2024, then surged by 36.36% to $30.0 million in 2025, then declined by 6.67% to $28.0 million in 2026.
- The last three Intangibles figures came in at $28.0 million (Q1 2026), $30.0 million (Q4 2025), and $33.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 2.67 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 990.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 28.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 1.48 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.93 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 454.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 1.64 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.81 Bn |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 14.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.00 Mn |
| Dec 31, 2025 | 30.00 Mn |
| Sep 30, 2025 | 33.00 Mn |
| Jun 30, 2025 | 36.00 Mn |
| Mar 31, 2025 | 39.00 Mn |
| Dec 31, 2024 | 22.00 Mn |
| Jun 30, 2024 | 26.00 Mn |
| Mar 31, 2024 | 25.00 Mn |
| Dec 31, 2023 | -4.41 Mn |
| Dec 31, 2022 | -76.62 Mn |
| Sep 30, 2022 | 314.99 Mn |
| Jun 30, 2022 | 104.42 Mn |
| Mar 31, 2022 | 131.61 Mn |
| Dec 31, 2021 | 109.87 Mn |
| Sep 30, 2021 | 112.75 Mn |
| Jun 30, 2021 | 124.20 Mn |
| Mar 31, 2021 | 102.47 Mn |
| Dec 31, 2020 | 104.07 Mn |
| Sep 30, 2020 | 108.00 Mn |
| Jun 30, 2020 | 109.08 Mn |
| Mar 31, 2020 | 118.60 Mn |
| Dec 31, 2019 | 126.72 Mn |
| Sep 30, 2019 | 18.76 Mn |
| Jun 30, 2019 | 18.92 Mn |
| Mar 31, 2019 | 18.16 Mn |
| Dec 31, 2018 | 19.75 Mn |
| Sep 30, 2018 | 19.94 Mn |
| Jun 30, 2018 | 19.11 Mn |
| Mar 31, 2018 | 16.68 Mn |
| Dec 31, 2017 | 13.55 Mn |
| Sep 30, 2017 | 17.56 Mn |
| Jun 30, 2017 | 18.44 Mn |
| Mar 31, 2017 | 6.72 Mn |
| Dec 31, 2016 | 4.83 Mn |
| Sep 30, 2016 | 6.87 Mn |
| Jun 30, 2016 | 6.79 Mn |
| Mar 31, 2016 | 5.18 Mn |
| Dec 31, 2015 | 5.83 Mn |
| Sep 30, 2015 | 4.14 Mn |
| Jun 30, 2015 | 3.83 Mn |
| Dec 31, 2014 | 2.71 Mn |