Equity
Total Equity
Shopify Total Equity decreased by 7.2% to $12.5B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.1%, from $11.05B to $12.5B. Over 4 years (FY 2021 to FY 2025), Total Equity shows an upward trend with a 4.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase generally signals growth in the company's net worth through profitable operations or capital injections.
Detailed definition
This represents the residual interest in the assets of the company after deducting all liabilities. It is the net book v...
Peer comparison
Varies widely based on the company's business model, profitability history, and share repurchase activity.
Metric ID:
total_stockholders_equityHistorical Data
12 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.13B | $8.24B | $9.07B | $8.89B | $9.17B | $10.12B | $11.56B | $11.05B | $12.12B | $12.51B | $13.47B | $12.5B |
| QoQ Change | — | -26.0% | +10.0% | -1.9% | +3.1% | +10.3% | +14.2% | -4.4% | +9.7% | +3.2% | +7.7% | -7.2% |
| YoY Change | — | -26.0% | +10.0% | — | — | — | +27.5% | +24.3% | +32.2% | +23.7% | +16.6% | +13.1% |
Range$8.24B – $13.47B
CAGR+4.3%
Avg YoY Growth+15.2%
Median YoY Growth+20.1%
Total Equity at Other Companies
Frequently Asked Questions
- What is Shopify's total equity?
- Shopify (SHOP) reported total equity of $12.5B in Q1 2026.
- How has Shopify's total equity changed year-over-year?
- Shopify's total equity increased by 13.1% year-over-year, from $11.05B to $12.5B.
- What is the long-term trend for Shopify's total equity?
- Over 4 years (2021 to 2025), Shopify's total equity has grown at a 4.9% compound annual growth rate (CAGR), from $11.13B to $13.47B.
- What does total equity mean?
- The total net value of the company belonging to shareholders.