Shopify (SHOP) Other non-cash items (2024 - 2026)
Shopify's Other non-cash items came in at $68 million for Q3 2026, down 35.8% from $106 million a year earlier and down 30.6% from the prior quarter.
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Analysis
Shopify (SHOP) Other non-cash items (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Shopify reported Other non-cash items of $266 million, up 20.4% year-over-year; for FY2025, it was $173 million, up 3.6% from FY2024.
- Other non-cash items carries a five-year compound annual growth rate of 46.5% (FY2020 to FY2025).
- Going back by year, Other non-cash items was $167 million in FY2024 (+125.7%), $74 million in FY2023 (-14.0%), $86 million in FY2022 (+77.9%) and $48.35 million in FY2021 (+88.9%).
- The five-year range for quarterly Other non-cash items is -$2 million (Q2 2025) to $106 million (Q3 2025).
- Year-over-year, Other non-cash items increased in two of the last five quarters, with growth averaging 72.1%.
- Business Quant data shows SHOP's Other non-cash items at $98 million (Q2 2026), $62 million (Q1 2026) and $38 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,463.18 Bn | 3,198.08 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,546.58 Bn | 1,211.10 Bn | 51.23 Bn |
| 3 | Netflix | 269.21 Bn | 230.51 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 251.07 Bn | 73.14 Bn | 15.16 Bn |
| 5 | Shopify | 184.99 Bn | 163.79 Bn | 1.78 Bn |
| 6 | Uber Technologies | 140.28 Bn | 111.49 Bn | 6.42 Bn |
| 7 | Spotify Technology | 126.47 Bn | 83.39 Bn | 1.89 Bn |
| 8 | Booking Holdings | 125.48 Bn | 59.22 Bn | - |
| 9 | PDD Holdings | 119.49 Bn | -124.56 Bn | 9.48 Bn |
| 10 | AppLovin | 117.98 Bn | 106.51 Bn | 1.94 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 68.00 Mn |
| Jun 30, 2026 | 98.00 Mn |
| Mar 31, 2026 | 62.00 Mn |
| Dec 31, 2025 | 38.00 Mn |
| Sep 30, 2025 | 106.00 Mn |
| Jun 30, 2025 | -2.00 Mn |
| Mar 31, 2025 | 31.00 Mn |
| Dec 31, 2024 | 86.00 Mn |
| Sep 30, 2024 | 23.00 Mn |
| Jun 30, 2024 | 24.00 Mn |
| Mar 31, 2024 | 34.00 Mn |
API Access
Shopify Other non-cash items 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=other-non-cash-items&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-non-cash-items", "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=other-non-cash-items&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();