Equity
Total Equity
Shopify Total Equity increased by 7.7% to $13.47B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.6%, from $11.56B to $13.47B. Over 4 years (FY 2021 to FY 2025), Total Equity shows an upward trend with a 4.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionEquity
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ3 2013
Last reportedQ4 2025
How to read this metric
A growing equity base suggests increasing value for shareholders, though aggressive share buybacks can intentionally reduce this figure.
Detailed definition
The residual interest in the assets of the company after deducting all liabilities. It represents the net book value of...
Peer comparison
Used to calculate Return on Equity (ROE), a primary measure of how effectively management is using shareholder capital to generate profit.
Metric ID:
total_stockholders_equityHistorical Data
11 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.13B | $8.24B | $9.07B | $8.89B | $9.17B | $10.12B | $11.56B | $11.05B | $12.12B | $12.51B | $13.47B |
| QoQ Change | — | -26.0% | +10.0% | -1.9% | +3.1% | +10.3% | +14.2% | -4.4% | +9.7% | +3.2% | +7.7% |
| YoY Change | — | -26.0% | +10.0% | — | — | — | +27.5% | +24.3% | +32.2% | +23.7% | +16.6% |
Range$8.24B – $13.47B
CAGR+7.9%
Avg YoY Growth+15.5%
Median YoY Growth+23.7%
Current Streak3 quarters growth
Total Equity at Other Companies
Frequently Asked Questions
- What is Shopify's total equity?
- Shopify (SHOP) reported total equity of $13.47B in Q4 2025.
- How has Shopify's total equity changed year-over-year?
- Shopify's total equity increased by 16.6% year-over-year, from $11.56B to $13.47B.
- 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 net worth of the company belonging to the owners, calculated as total assets minus total liabilities.