Shopify (SHOP) Net Equity Issued and Repurchased (2024 - 2026)
Shopify's Net Equity Issued and Repurchased came in at $3 million for Q2 2026, down 93.2% from $44 million a year earlier and down 50.0% from the prior quarter.
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Analysis
Shopify (SHOP) Net Equity Issued and Repurchased (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Shopify reported Net Equity Issued and Repurchased of $138 million, down 12.7% year-over-year; for FY2025, it came in at $232 million, up 280.3% from FY2024.
- Net Equity Issued and Repurchased has increased in each of the last three years, with a five-year compound annual growth rate of 26.8% (FY2020 to FY2025).
- Going back by year, Net Equity Issued and Repurchased was $61 million in FY2024 (+1.7%), $60 million in FY2023 (+233.3%), $18 million in FY2022 (-83.4%) and $108.59 million in FY2021 (+53.4%).
- The five-year range for quarterly Net Equity Issued and Repurchased is $3 million (Q1 2024) to $105 million (Q4 2025).
- Year-over-year, Net Equity Issued and Repurchased increased in two of the last four quarters, with growth averaging 57.8%.
- Business Quant data shows SHOP's Net Equity Issued and Repurchased at $6 million (Q1 2026), $105 million (Q4 2025) and $24 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Equity Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn | - |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn | -4.65 Bn |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn | - |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn | -1.42 Bn |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn | -518.00 Mn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - | -3.99 Bn |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn | 344.06 Mn |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn | -978.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.42 Bn |
| Mar 31, 2026 | -485.00 Mn |
| Dec 31, 2025 | 105.00 Mn |
| Sep 30, 2025 | 24.00 Mn |
| Jun 30, 2025 | 44.00 Mn |
| Mar 31, 2025 | 59.00 Mn |
| Dec 31, 2024 | 49.00 Mn |
| Sep 30, 2024 | 6.00 Mn |
| Jun 30, 2024 | 3.00 Mn |
| Mar 31, 2024 | 3.00 Mn |
API Access
Shopify Net Equity Issued and Repurchased 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=net-equity-issued-and-repurchased&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-equity-issued-and-repurchased", "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=net-equity-issued-and-repurchased&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();