Shopify (SHOP) Intangibles (2014 - 2026)
Shopify (SHOP) posted quarterly Intangibles of $28.0 million for Q1 2026, down 28.21% year-over-year from $39.0 million in Q1 2025, and down 6.67% quarter-over-quarter from $30.0 million in Q4 2025.
Shopify (SHOP) Intangibles (2014 - 2026) Analysis & Trends
Shopify's Intangibles history runs 13 years deep, the most recent figure standing at $28.0 million for Q1 2026.
- In Q1 2026, Intangibles fell 28.21% year-over-year to $28.0 million; the TTM figure through Mar 2026 stood at $28.0 million (down 28.21% YoY), while the FY2025 annual figure 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 $390.0 million in Q4 2022, with the low at $22.0 million in Q4 2024.
- The 5-year median for Intangibles is $31.5 million (2025), against an average of $75.9 million.
- The sharpest annual moves came in 2022 and 2023: Intangibles jumped 181.6% in 2022, then tumbled 92.56% in 2023.
- Shopify's Intangibles stood at $390.0 million in 2022, then sank by 92.56% to $29.0 million in 2023, then declined by 24.14% to $22.0 million in 2024, then soared by 36.36% to $30.0 million in 2025, then slipped by 6.67% to $28.0 million in 2026.
- Business Quant data shows SHOP's Intangibles at $28.0 million in Q1 2026, $30.0 million in Q4 2025, and $33.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 3.07 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 27.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.65 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.13 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 3.78 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 451.36 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 1.65 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.01 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.81 Bn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 23.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.00 Mn |
| 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 |
| Dec 31, 2023 | 29.00 Mn |
| Dec 31, 2022 | 390.00 Mn |
| Dec 31, 2021 | 138.50 Mn |
| Dec 31, 2020 | 135.68 Mn |
| Dec 31, 2019 | 167.28 Mn |
| Dec 31, 2018 | 26.07 Mn |
| Dec 31, 2017 | 17.21 Mn |
| Dec 31, 2016 | 6.44 Mn |
| Dec 31, 2015 | 5.83 Mn |
| Dec 31, 2014 | 2.71 Mn |