Non-Current Assets

Total Assets

Shopify Total Assets decreased by 7.0% to $14.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.4%, from $13.40B to $14.12B. Over 2 years (FY 2023 to FY 2025), Total Assets shows an upward trend with a 15.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

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

How to read this metric

Growth in total assets generally indicates business expansion, though it must be balanced against the liabilities used to fund those assets.

Detailed definition

Total assets represent the sum of all current and non-current assets owned by the company. It provides a comprehensive v...

Peer comparison

Standard metric across all industries for benchmarking company size and resource utilization.

Metric ID: total_assets

Historical Data

7 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$11.30B$13.92B$13.40B$14.56B$15.04B$15.19B$14.12B
QoQ Change+23.2%-3.8%+8.7%+3.3%+1.0%-7.0%
YoY Change+23.2%+9.1%+5.4%
Range$11.30B$15.19B
CAGR+16.0%
Avg YoY Growth+12.6%
Median YoY Growth+9.1%

Frequently Asked Questions

What is Shopify's total assets?
Shopify (SHOP) reported total assets of $14.12B in Q1 2026.
How has Shopify's total assets changed year-over-year?
Shopify's total assets increased by 5.4% year-over-year, from $13.40B to $14.12B.
What is the long-term trend for Shopify's total assets?
Over 2 years (2023 to 2025), Shopify's total assets has grown at a 15.9% compound annual growth rate (CAGR), from $11.30B to $15.19B.
What does total assets mean?
The combined value of everything the company owns.