Shopify Other intangible assets—net decreased by 6.7% to $28.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.2%, from $39.00M to $28.00M. Over 2 years (FY 2023 to FY 2025), Other intangible assets—net shows relatively stable performance with a 1.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase typically signals recent strategic acquisitions or significant investment in R&D and intellectual property, while a decrease reflects ongoing amortization or potential impairment.
This represents the net book value of identifiable non-physical assets such as patents, intellectual property, software...
High in semiconductor and tech firms due to heavy reliance on patent portfolios and acquired technology.
non_current_assets_intangible_assets_net_excluding_goodwill| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $29.00M | $22.00M | $39.00M | $36.00M | $33.00M | $30.00M | $28.00M |
| QoQ Change | — | -24.1% | +77.3% | -7.7% | -8.3% | -9.1% | -6.7% |
| YoY Change | — | -24.1% | — | — | — | +36.4% | -28.2% |