Non-Current Assets

Goodwill

Shopify Goodwill remained flat by 0.0% to $491.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $491.00M to $491.00M. Over 3 years (FY 2022 to FY 2025), Goodwill shows a downward trend with a -35.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase suggests recent acquisitions, while a decrease often indicates impairment charges due to overpayment or declining business performance.

Detailed definition

Goodwill represents the premium paid over the fair market value of net identifiable assets during a business acquisition...

Peer comparison

Common in tech and e-commerce sectors where companies frequently acquire smaller firms to expand platform capabilities.

Metric ID: goodwill

Historical Data

8 periods
 Q4 '22Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.84B$427.00M$452.00M$491.00M$491.00M$491.00M$491.00M$491.00M
QoQ Change-76.7%+5.9%+8.6%+0.0%+0.0%+0.0%+0.0%
YoY Change-76.7%+5.9%+8.6%+0.0%
Range$427.00M$1.84B
CAGR-52.9%
Avg YoY Growth-15.6%
Median YoY Growth+2.9%
Current Streak6 quarters growth

Frequently Asked Questions

What is Shopify's goodwill?
Shopify (SHOP) reported goodwill of $491.00M in Q1 2026.
How has Shopify's goodwill changed year-over-year?
Shopify's goodwill decreased by 0.0% year-over-year, from $491.00M to $491.00M.
What is the long-term trend for Shopify's goodwill?
Over 3 years (2022 to 2025), Shopify's goodwill has grown at a -35.6% compound annual growth rate (CAGR), from $1.84B to $491.00M.
What does goodwill mean?
The excess purchase price paid for an acquired company over the value of its individual assets.