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Shopify (SHOP) Intangibles (2016 - 2025)

Shopify has reported Intangibles over the past 12 years, most recently at $30.0 million for Q4 2025.

  • Quarterly results put Intangibles at $30.0 million for Q4 2025, up 36.36% from a year ago — trailing twelve months through Dec 2025 was $30.0 million (up 36.36% YoY), and the annual figure for FY2025 was $30.0 million, up 36.36%.
  • Intangibles for Q4 2025 was $30.0 million at Shopify, down from $33.0 million in the prior quarter.
  • Over the last five years, Intangibles for SHOP hit a ceiling of $390.0 million in Q4 2022 and a floor of $22.0 million in Q4 2024.
  • Median Intangibles over the past 5 years was $34.5 million (2025), compared with a mean of $89.7 million.
  • Biggest five-year swings in Intangibles: skyrocketed 181.6% in 2022 and later tumbled 92.56% in 2023.
  • Shopify's Intangibles stood at $138.5 million in 2021, then skyrocketed by 181.6% to $390.0 million in 2022, then tumbled by 92.56% to $29.0 million in 2023, then dropped by 24.14% to $22.0 million in 2024, then surged by 36.36% to $30.0 million in 2025.
  • The last three reported values for Intangibles were $30.0 million (Q4 2025), $33.0 million (Q3 2025), and $36.0 million (Q2 2025) per Business Quant data.