Non-Current Assets

Other intangible assets—net

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.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026

How to read this metric

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.

Detailed definition

This represents the net book value of identifiable non-physical assets such as patents, intellectual property, software...

Peer comparison

High in semiconductor and tech firms due to heavy reliance on patent portfolios and acquired technology.

Metric ID: non_current_assets_intangible_assets_net_excluding_goodwill

Historical Data

7 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$22.00M$39.00M
CAGR-2.3%
Avg YoY Growth-5.3%
Median YoY Growth-24.1%
Current Streak4 quarters decline

Frequently Asked Questions

What is Shopify's other intangible assets—net?
Shopify (SHOP) reported other intangible assets—net of $28.00M in Q1 2026.
How has Shopify's other intangible assets—net changed year-over-year?
Shopify's other intangible assets—net decreased by 28.2% year-over-year, from $39.00M to $28.00M.
What is the long-term trend for Shopify's other intangible assets—net?
Over 2 years (2023 to 2025), Shopify's other intangible assets—net has grown at a 1.7% compound annual growth rate (CAGR), from $29.00M to $30.00M.
What does other intangible assets—net mean?
The value of non-physical assets like patents and intellectual property, excluding goodwill.