Shopify (SHOP) - Net Assets

Net assets on the balance sheet as of September 2025 : S$16.22 Billion

According to Shopify's latest financial reports the company has S$16.22 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	$S$15.71 B	31.21%
2023-12-31	$S$11.97 B	8.4%
2022-12-31	$S$11.04 B	-26.62%
2021-12-31	$S$15.05 B	77.75%
2020-12-31	$S$8.46 B	108.27%
2019-12-31	$S$4.06 B	42.34%
2018-12-31	$S$2.85 B	113.32%
2017-12-31	$S$1.33 B	125.38%
2016-12-31	$S$0.59 B	115.03%
2015-12-31	$S$0.27 B	208.71%
2014-12-31	$S$89.49 M	-17.27%
2013-12-31	$S$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
MercadoLibre MELI	S$8.06 B	-50.30%	🇦🇷 Argentina
Etsy ETSY	-S$1.45 Billion	-108.89%	🇺🇸 USA
Shoper SHO.WA	S$27.46 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 : S$16.22 Billion