What is Shopify's goodwill impairment?

Shopify (SHOP) reported goodwill impairment of $0.00 in Q4 2025.

What is the long-term trend for Shopify's goodwill impairment?

Over 2 years (2023 to 2025), Shopify's goodwill impairment has grown at a -100.0% compound annual growth rate (CAGR), from $1.44B to $0.00.

What does goodwill impairment mean?

A write-down of the value of previously acquired businesses.

Discontinued — last reported Q2 '25

Operating Expenses

Goodwill impairment

Over 2 years (FY 2023 to FY 2025), Goodwill impairment shows a downward trend with a -100.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement

SectionOperating Expenses

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ1 2019

Last reportedQ2 2025

How to read this metric

An increase signals that past acquisitions are underperforming or that market conditions have deteriorated, negatively impacting shareholder value.

Detailed definition

This represents a non-cash charge taken when the carrying value of an acquired asset exceeds its fair market value. It i...

Peer comparison

Standard accounting metric for companies that grow through M&A.

Metric ID: is_goodwill_impairment

Historical Data

3 years

	FY'23	FY'24	FY'25
Value	$1.44B	$0.00	$0.00
YoY Change	—	-100.0%	—

Range$0.00 – $1.44B

CAGR-100.0%

Avg YoY Growth-100.0%

Median YoY Growth-100.0%

Frequently Asked Questions

What is Shopify's goodwill impairment?: Shopify (SHOP) reported goodwill impairment of $0.00 in Q4 2025.
What is the long-term trend for Shopify's goodwill impairment?: Over 2 years (2023 to 2025), Shopify's goodwill impairment has grown at a -100.0% compound annual growth rate (CAGR), from $1.44B to $0.00.
What does goodwill impairment mean?: A write-down of the value of previously acquired businesses.