Shopify (SHOP) - Net Assets

Net assets on the balance sheet as of September 2025 : A$18.93 Billion

According to Shopify's latest financial reports the company has A$18.93 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shopify - Net assets on balance sheet (from 2014 to 2025)

Net assets by year

Year	Net assets	Change
2024-12-31	$A$18.58 B	39.64%
2023-12-31	$A$13.30 B	9.91%
2022-12-31	$A$12.10 B	-21.16%
2021-12-31	$A$15.35 B	84.48%
2020-12-31	$A$8.32 B	93.26%
2019-12-31	$A$4.30 B	45.13%
2018-12-31	$A$2.96 B	131.45%
2017-12-31	$A$1.28 B	125.18%
2016-12-31	$A$0.56 B	112.39%
2015-12-31	$A$0.26 B	223.96%
2014-12-31	$A$82.76 M	-13.54%
2013-12-31	$A$95.72 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
MercadoLibre MELI	A$9.41 B	-50.30%	🇦🇷 Argentina
Etsy ETSY	-A$1.69 Billion	-108.89%	🇺🇸 USA
Shoper SHO.WA	A$32.06 M	-99.83%	🇵🇱 Poland

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Shopify (SHOP) - Net assets

Net assets on the balance sheet as of September 2025 : A$18.93 Billion