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Shopify SHOP PP&E (Net)

PP&E (Net) at other companies

Adobe logo
AdobeADBE
$1.87B-1.1%
eBay logo
eBayEBAY
$1.3B-2.4%
Salesforce logo
SalesforceCRM
$3.15B+0.6%
Global Payments logo
Global PaymentsGPN
$2.13B+51.0%
Etsy logo
EtsyETSY
$200.27M-13.0%
Block logo
BlockXYZ
$294.9M-5.3%

Other financials

Income statement

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Revenue$3.6B+33.7%
Gross profit$1.7B+31.2%
Operating income$488.0M+67.7%
Net income$1.5B+65.8%
EPS (diluted)$1.16+68.1%

Balance sheet

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Cash & equivalents$1.7B+7.4%
Total debt$178.0M-84.4%
Total equity$12.7B+4.6%
Total assets$14.5B-0.6%

Cash flow

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Operating cash flow$658.0M+53.7%
CapEx$4.0M-33.3%
Free cash flow$654.0M+55.0%

Valuation

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Market cap$187.17B-6.9%
Enterprise value$185.7B-7.4%
P/E101.6×-42.7×
P/S14.1×-7.1×

Profitability

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Gross margin47.5%-1.2pp
Operating margin14.2%+2.0pp
Net margin13.9%+3.4pp
FCF margin17.7%0.0pp

Returns & leverage

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Return on equity24.1%+8.7pp
Debt / equity-0.1×
Current ratio5.4×+1.5×

Where this comes from

Reported directly by Shopify in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The source filing: Shopify’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 7:03 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001594805-26-000047
Line itemJune 30, 2026December 31, 2025
Other current assets219234
7,8168,296
Long-term assets
Property and equipment, net5353
Operating lease right-of-use assets, net9088
Intangible assets, net2730
Deferred tax assets3033
Other long-term assets2539

Item 1: Financial Statements (unaudited)

FAQ

What is Shopify's PP&E (net)?
Shopify (SHOP) reported PP&E (net) of $53M in Q2 2026.
How has Shopify's PP&E (net) changed year-over-year?
Shopify's PP&E (net) increased by 15.2% year-over-year, from $46M to $53M.
What is the long-term trend for Shopify's PP&E (net)?
Over 2 years (2023 to 2025), Shopify's PP&E (net) has grown at a 4.0% compound annual growth rate (CAGR), from $49M to $53M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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