Net Assets for Shopify (SHOP)
According to Shopify's latest reported financial statements, the company's latest reported net assets is $13.47B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
SHOP
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Latest period
$13.47B
YoY change
+16.6%
5Y CAGR
+16.1%
Peak year (2025)
$13.47B
Latest annual
$13.47B
Net Assets history chart for Shopify (SHOP) from 2013 to 2025
Net Assets history table for Shopify (SHOP) from 2013 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $13.47B | +16.6% | ||
| 2024 | $11.56B | +27.5% | ||
| 2023 | $9.07B | +10.0% | ||
| 2022 | $8.24B | -26.0% | ||
| 2021 | $11.13B | +73.9% | ||
| 2020 | $6.40B | +112.2% | ||
| 2019 | $3.02B | +44.2% | ||
| 2018 | $2.09B | +108.8% | ||
| 2017 | $1.00B | +143.9% | ||
| 2016 | $410.48M | +110.2% | ||
| 2015 | $195.32M | +188.4% | ||
| 2014 | $67.73M | -20.7% | ||
| 2013 | $85.38M | — |
Net Assets values are taken from Shopify's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual net assets for Shopify (SHOP) came in at $13.47B – grew 16.6% year-over-year.
Shopify net assets has grown for 3 consecutive years, with a +16.1% compound annual growth rate over 2020–2025 (5 years).
2025 marks the peak net assets at $13.47B, with the historical low of $67.73M recorded in 2014.
Shopify (SHOP) sits 9th of 8 Technology peers we track on this metric, against a peer median of $77.51B.
Shopify Net Assets by Year
Shopify Net Assets 2025: $13.47B
Shopify net assets in 2025 was $13.47B, grew 16.6% from 2024. This figure represents the highest annual value in the available history.
Shopify Net Assets 2024: $11.56B
Shopify net assets in 2024 was $11.56B, grew 27.5% from 2023.
Shopify Net Assets 2023: $9.07B
Shopify net assets in 2023 was $9.07B, grew 10.0% from 2022.
Shopify Net Assets 2022: $8.24B
Shopify net assets in 2022 was $8.24B, declined 26.0% below 2021.
Shopify Net Assets 2021: $11.13B
Shopify net assets in 2021 was $11.13B.
See more financial history for Shopify (SHOP).
Sector peers — Net Assets
Companies in the same sector as Shopify, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $5.40T | Technology |
| Microsoft Corporation (MSFT) | $343.48B | Technology |
| NVIDIA Corporation (NVDA) | $157.29B | Technology |
| Broadcom Inc. (AVGO) | $81.29B | Technology |
| Apple Inc. (AAPL) | $73.73B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $63.00B | Technology |
| Micron Technology, Inc. (MU) | $54.16B | Technology |
| ASML Holding N.V. (ASML) | $19.60B | Technology |
Frequently asked questions
What is Shopify's net assets?
- Latest reported net assets for Shopify (SHOP) is $13.47B (period ending December 31, 2025).
How has Shopify net assets changed year-over-year?
- Shopify (SHOP) net assets changed +16.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Shopify net assets?
- Shopify (SHOP) net assets compound annual growth rate is +16.1% over the most recent 5 years available.
When did Shopify net assets hit its highest annual value?
- Shopify net assets reached its highest annual value of $13.47B in 2025.
What was Shopify net assets in 2024?
- Shopify (SHOP) net assets in 2024 was $11.56B.
What was Shopify net assets in 2025?
- Shopify (SHOP) net assets in 2025 was $13.47B.
Metrics overview
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