Shopify (SHOP) Long-Term Investments (2019 - 2026)
Shopify (SHOP) recorded Long-Term Investments of $538 million in Q3 2026, down 20.4% from $676 million a year earlier and down 3.8% from the prior quarter.
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Analysis
Shopify (SHOP) Long-Term Investments (2019 - 2026) Analysis & Trends
At the end of FY2025, Shopify reported Long-Term Investments of $975 million, up 37.5% from FY2024.
- Annual Long-Term Investments has a five-year compound annual growth rate of 41.2% (FY2020 to FY2025).
- Across earlier years, Long-Term Investments came in at $709 million in FY2024 (-9.1%) and $780 million in FY2023.
- The Q3 2026 figure is the lowest quarterly Long-Term Investments since Q4 2020.
- On a year-over-year basis, Long-Term Investments has declined for three consecutive quarters, with an average decline of 9.1% over the last five quarters.
- Per Business Quant, the preceding three quarters came in at $559 million (Q2 2026), $708 million (Q1 2026) and $975 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 135.23 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 32.62 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | - |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 29.95 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 538.00 Mn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 3.50 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 298.33 Mn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 1.21 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 435.00 Mn |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 538.00 Mn |
| Jun 30, 2026 | 559.00 Mn |
| Mar 31, 2026 | 708.00 Mn |
| Dec 31, 2025 | 975.00 Mn |
| Sep 30, 2025 | 676.00 Mn |
| Jun 30, 2025 | 831.00 Mn |
| Mar 31, 2025 | 894.00 Mn |
| Dec 31, 2024 | 709.00 Mn |
| Dec 31, 2023 | 780.00 Mn |
| Dec 31, 2020 | 173.45 Mn |
| Dec 31, 2019 | 2.50 Mn |
API Access
Shopify Long-Term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-investments&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "SHOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();