Shopify (SHOP) Invested Capital (2024 - 2025)

Shopify (SHOP) posted quarterly Invested Capital of $920.0 million for Q3 2025, little changed quarter-over-quarter from $919.0 million in Q2 2025.

Shopify (SHOP) Invested Capital (2024 - 2025) Analysis & Trends

Shopify's Invested Capital history runs 2 years deep, the most recent figure standing at $920.0 million for Q3 2025.

In Q3 2025, Invested Capital changed N/A year-over-year to $920.0 million; the TTM figure through Mar 2026 stood at $1.8 billion (changed 0.11% YoY), while the FY2024 annual figure was $918.0 million, changed N/A from the prior year.
Invested Capital for Q3 2025 stood at $920.0 million, roughly flat from $919.0 million in the prior quarter.
The five-year high for Invested Capital was $920.0 million in Q3 2025, with the low at $918.0 million in Q4 2024.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Invested Cap. (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	-
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	-
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	-
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	2.00 Bn
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	2.08 Bn
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	-
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	-
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	1.84 Bn
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	750.00 Mn
10	Datadog	91.70 Bn	86.71 Bn	881.34 Mn	-

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