Shopify (SHOP) Short-term Investments (2014 - 2026)
Shopify's Short-term Investments was $2.86 billion in Q3 2026, down 27.3% from $3.94 billion a year earlier and down 13.1% from the prior quarter.
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Analysis
Shopify (SHOP) Short-term Investments (2014 - 2026) Analysis & Trends
At the end of FY2025, Short-term Investments at Shopify came in at $4.23 billion, up 6.3% from FY2024.
- Short-term Investments has now increased for three consecutive years, with a five-year compound annual growth rate of 2.8% (FY2020 to FY2025).
- In earlier years, Short-term Investments was $3.98 billion in FY2024 (+10.7%), $3.6 billion in FY2023 (+5.6%), $3.4 billion in FY2022 (-35.3%) and $5.27 billion in FY2021 (+42.9%).
- The Q3 2026 figure marks the lowest quarterly Short-term Investments since Q4 2019.
- Compared with a year earlier, Short-term Investments has declined for three straight quarters, with an average decline of 8.1% over the last five quarters.
- The best year-over-year quarter for Short-term Investments over five years was Q4 2021 (growth of 42.9%); the worst was Q4 2022 (a decline of 35.3%).
- Per Business Quant data, SHOP's Short-term Investments in the three quarters before Q3 2026 was $3.29 billion (Q2 2026), $3.9 billion (Q1 2026) and $4.23 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 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 |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.86 Bn |
| Jun 30, 2026 | 3.29 Bn |
| Mar 31, 2026 | 3.90 Bn |
| Dec 31, 2025 | 4.23 Bn |
| Sep 30, 2025 | 3.94 Bn |
| Jun 30, 2025 | 4.28 Bn |
| Mar 31, 2025 | 4.21 Bn |
| Dec 31, 2024 | 3.98 Bn |
| Dec 31, 2023 | 3.60 Bn |
| Dec 31, 2022 | 3.40 Bn |
| Dec 31, 2021 | 5.27 Bn |
| Dec 31, 2020 | 3.68 Bn |
| Dec 31, 2019 | 1.81 Bn |
| Dec 31, 2018 | 1.56 Bn |
| Dec 31, 2017 | 796.36 Mn |
| Dec 31, 2016 | 308.40 Mn |
| Dec 31, 2015 | 80.10 Mn |
| Dec 31, 2014 | 17.71 Mn |
API Access
Shopify Short-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=short-term-investments&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-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=short-term-investments&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();