Non-Current Assets
Total Non-Current Assets
Shopify Total Non-Current Assets decreased by 18.4% to $5.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $5.96B to $5.63B. Over 2 years (FY 2023 to FY 2025), Total Non-Current Assets shows an upward trend with a 17.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026
How to read this metric
Growth in this metric typically signals long-term capital investment and expansion of the company's productive capacity.
Detailed definition
This is the sum of all assets expected to provide economic benefit beyond one year. It includes property, plant, equipme...
Peer comparison
Essential for comparing capital intensity across peers in the industrial and energy sectors.
Metric ID:
total_noncurrent_assetsHistorical Data
7 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $5.02B | $6.67B | $5.96B | $6.56B | $6.33B | $6.89B | $5.63B |
| QoQ Change | — | +32.8% | -10.7% | +10.2% | -3.4% | +8.8% | -18.4% |
| YoY Change | — | +32.8% | — | — | — | +3.3% | -5.5% |
Range$5.02B – $6.89B
CAGR+7.8%
Avg YoY Growth+10.2%
Median YoY Growth+3.3%
Total Non-Current Assets at Other Companies
Frequently Asked Questions
- What is Shopify's total non-current assets?
- Shopify (SHOP) reported total non-current assets of $5.63B in Q1 2026.
- How has Shopify's total non-current assets changed year-over-year?
- Shopify's total non-current assets decreased by 5.5% year-over-year, from $5.96B to $5.63B.
- What is the long-term trend for Shopify's total non-current assets?
- Over 2 years (2023 to 2025), Shopify's total non-current assets has grown at a 17.1% compound annual growth rate (CAGR), from $5.02B to $6.89B.
- What does total non-current assets mean?
- The total value of all long-term assets held by the company.