Shopify Inc.
SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
$156.22−1.27 (-0.81%)
Close on Nov 2, 2026Market cap $201.00BP/E 94.7Yield –
Shopify Private Company Equity by Quarter
Private Company Equity — Cumulative Upward Fair Value Adjustments ($M) ($M)
Shopify Private Company Equity: $832M in Q2 2026, up 169.3% from a year earlier. That is the highest of the 10 quarters on record here.
Latest, Q2 2026
832
Period ended Jun 30, 2026
Change on a year earlier
+169.3%
309 in Q2 2025
History
10 quarters
Since Q4 2021
Sources
7
Documents cited below
Where the Q2 2026 figure comes from
Source: Form 10-Q (filed 2026-08-05) ↗
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Private Company Equity — Cumulative Upward Fair Value Adjustments ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | 832 | +169.3% | Form 10-Q (filed 2026-08-05) ↗ |
| Q1 2026 | Mar 31, 2026 | 310 | +115.3% | Form 10-Q (filed 2026-05-05) ↗ |
| Q4 2025 | Dec 31, 2025 | 310 | +115.3% | Form 10-Q (filed 2026-08-05) ↗ |
| Q3 2025 | Sep 30, 2025 | 310 | – | Form 10-Q (filed 2025-11-04) ↗ |
| Q2 2025 | Jun 30, 2025 | 309 | – | Form 10-Q (filed 2025-08-06) ↗ |
| Q1 2025 | Mar 31, 2025 | 144 | – | Form 10-Q (filed 2025-05-08) ↗ |
| Q4 2024 | Dec 31, 2024 | 144 | +161.8% | Form 10-Q (filed 2025-11-04) ↗ |
| Q4 2023 | Dec 31, 2023 | 55 | -6.8% | Form 40-F (filed 2024-02-13) ↗ |
| Q4 2022 | Dec 31, 2022 | 59 | +51.7% | Form 40-F (filed 2024-02-13) ↗ |
| Q4 2021 | Dec 31, 2021 | 38.9 | – | Form 40-F (filed 2023-02-16) ↗ |
Cite this data
StockData. (2026). Shopify Private Company Equity ($M), quarterly Q4 2021–Q2 2026 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/eq-nonmkt-priv-upward
See every metric in the Shopify KPI table. Data updated Oct 25, 2026.