What is Shopify's change in other assets?

Shopify (SHOP) reported change in other assets of $9.5M in Q4 2025.

How has Shopify's change in other assets changed year-over-year?

Shopify's change in other assets decreased by 47.2% year-over-year, from $18M to $9.5M.

What is the long-term trend for Shopify's change in other assets?

Over 3 years (2022 to 2025), Shopify's change in other assets has grown at a 7.0% compound annual growth rate (CAGR), from $31M to $38M.

What does change in other assets mean?

Change in miscellaneous assets affecting operating cash flow.

Shopify SHOP Change in Other Assets

Change in Other Assets at other companies

AdobeADBE

$137M+111%

eBayEBAY

-$12M-29.7%

SalesforceCRM

$162M-66.3%

Global PaymentsGPN

$193.47M+107%

Emerald HoldingEEX

-$9.3M-2,225%

Commerce.com, Inc. Series 1 Common StockCMRC

$2.94M-42.2%

Other financials

Income statement

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Revenue$3.2B+34.3%

Gross profit$1.5B+32.2%

Operating income$382.0M+88.2%

Net income-$581.0M+14.8%

EPS (diluted)-$0.45+15.1%

Balance sheet

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Cash & equivalents$1.8B+41.2%

Total debt$179.0M-84.3%

Total equity$12.5B+13.1%

Total assets$14.1B+5.4%

Cash flow

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Operating cash flow$481.0M+31.1%

CapEx$5.0M+25.0%

Free cash flow$476.0M+31.1%

Valuation

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Market cap$148.17B+5.7%

Enterprise value$146.5B+4.8%

P/E111.2×+51.4×

P/S12×-2.0×

Profitability

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Gross margin48%-2.0pp

Operating margin13.3%+0.6pp

Net margin10.8%-6.4pp

FCF margin17.1%-1.3pp

Returns & leverage

See full

Return on equity11.3%-4.8pp

Debt / equity0×-0.1×

Current ratio6.2×+2.5×

Where this comes from

Reported directly by Shopify in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOtherOperatingAssets.

The official record: Shopify’s 10-K, filed February 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Shopify's change in other assets?: Shopify (SHOP) reported change in other assets of $9.5M in Q4 2025.
How has Shopify's change in other assets changed year-over-year?: Shopify's change in other assets decreased by 47.2% year-over-year, from $18M to $9.5M.
What is the long-term trend for Shopify's change in other assets?: Over 3 years (2022 to 2025), Shopify's change in other assets has grown at a 7.0% compound annual growth rate (CAGR), from $31M to $38M.
What does change in other assets mean?: Change in miscellaneous assets affecting operating cash flow.