Shopify Inc.
SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
$156.22−1.27 (-0.81%)
Close on Nov 2, 2026Market cap $201.00BP/E 94.7Yield –
Shopify Private Company Equity by Year
Private Company Equity — Cumulative Upward Fair Value Adjustments ($M) ($M)
Shopify Private Company Equity: $310M in FY2025, up 115.3% from a year earlier.
Latest, FY2025
310
Period ended Dec 31, 2025
Change on a year earlier
+115.3%
144 in FY2024
History
5 years
Since FY2021
Sources
4
Documents cited below
Where the FY2025 figure comes from
Source: Form 10-Q (filed 2026-08-05) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Private Company Equity — Cumulative Upward Fair Value Adjustments ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 310 | +115.3% | Form 10-Q (filed 2026-08-05) ↗ |
| FY2024 | Dec 31, 2024 | 144 | +161.8% | Form 10-Q (filed 2025-11-04) ↗ |
| FY2023 | Dec 31, 2023 | 55 | -6.8% | Form 40-F (filed 2024-02-13) ↗ |
| FY2022 | Dec 31, 2022 | 59 | +51.7% | Form 40-F (filed 2024-02-13) ↗ |
| FY2021 | Dec 31, 2021 | 38.9 | – | Form 40-F (filed 2023-02-16) ↗ |
Cite this data
StockData. (2026). Shopify Private Company Equity ($M), annual FY2021–FY2025 [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.