Non-Current Assets

Software and Technology Licenses, Net

Shopify Software and Technology Licenses, Net decreased by 23.1% to $30.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.4%, from $23.00M to $30.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase suggests ongoing investment in technology and digital capabilities, which can drive long-term operational efficiency.

Detailed definition

This represents the capitalized cost of acquired software and technology licenses, net of accumulated amortization. It r...

Peer comparison

Increasingly important across the restaurant sector as companies invest in mobile apps, kiosks, and data analytics.

Metric ID: software_technology_licenses_net

Historical Data

7 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$21.00M$23.00M$28.00M$23.00M$39.00M$30.00M
QoQ Change+9.5%+21.7%-17.9%+69.6%-23.1%
YoY Change+85.7%+30.4%
Range$0.00$39.00M
Avg YoY Growth+58.1%
Median YoY Growth+58.1%

Frequently Asked Questions

What is Shopify's software and technology licenses, net?
Shopify (SHOP) reported software and technology licenses, net of $30.00M in Q1 2026.
How has Shopify's software and technology licenses, net changed year-over-year?
Shopify's software and technology licenses, net increased by 30.4% year-over-year, from $23.00M to $30.00M.
What does software and technology licenses, net mean?
The net book value of the company's software and technology licenses.