Non-Current Assets
Total Non-Current Assets
Shopify Total Non-Current Assets decreased by 18.4% to $5.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $5.96B to $5.63B. Over 2 years (FY 2023 to FY 2025), Total Non-Current Assets shows an upward trend with a 17.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase typically signals capital expenditure and long-term growth investment, while a decrease may suggest asset divestiture or depreciation.
Detailed definition
This represents the aggregate value of all long-term assets expected to provide economic benefits beyond one year. It in...
Peer comparison
Varies significantly based on whether the business model is asset-heavy or software-focused.
Metric ID:
total_noncurrent_assetsHistorical Data
7 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $5.02B | $6.67B | $5.96B | $6.56B | $6.33B | $6.89B | $5.63B |
| QoQ Change | — | +32.8% | -10.7% | +10.2% | -3.4% | +8.8% | -18.4% |
| YoY Change | — | +32.8% | — | — | — | +3.3% | -5.5% |
Range$5.02B – $6.89B
CAGR+7.8%
Avg YoY Growth+10.2%
Median YoY Growth+3.3%
Total Non-Current Assets at Other Companies
Frequently Asked Questions
- What is Shopify's total non-current assets?
- Shopify (SHOP) reported total non-current assets of $5.63B in Q1 2026.
- How has Shopify's total non-current assets changed year-over-year?
- Shopify's total non-current assets decreased by 5.5% year-over-year, from $5.96B to $5.63B.
- What is the long-term trend for Shopify's total non-current assets?
- Over 2 years (2023 to 2025), Shopify's total non-current assets has grown at a 17.1% compound annual growth rate (CAGR), from $5.02B to $6.89B.
- What does total non-current assets mean?
- The total value of all long-term assets held by the company.