On the Record · Shopify
Shopify acquisitions, on the record
The businesses Shopify bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Jet Cooper Ltd. and Atatomic Inc.Word for word“On July 31, 2013 the Company acquired 100% of the shares of two companies which were commonly owned, Jet Cooper Ltd., a design studio focused on user experience and website design, and Atatomic Inc., a firm of mobile application developers, in a combined purchase transaction for total consideration on closing of $1,232 , consisting of cash in the amount of $828 and 96,479 common shares with a fair value of $404 determined at the date of acquisition.” 20-F for 2015 | acquisition | On July 31, 2013 | total consideration on closing of $1,232 |
businesses (unnamed in the filing)Word for word“Net cash used in investing activities in the year ended December 31, 2024 was driven by $939 million used for purchases of marketable securities, net of maturities, $464 million used for purchases and originations of loans, net of repayments and sales, $137 million used for purchases of equity and other investments, $30 million used in acquisitions of businesses, net of cash acquired and $19 million used to purchase property and equipment, which consisted mainly of leasehold improvements and computer equipment.” 10-K for 2024 | acquisition | year ended December 31, 2024 | $30 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $14.1 million | — |
| 2017-12-31 | $15.7 million | — |
| 2018-12-31 | $19.4 million | — |
| 2019-12-31 | $265.5 million | — |
| 2020-12-31 | $0 | — |
| 2021-12-31 | $59.6 million | — |
| 2022-12-31 | $1.75 billion | — |
| 2023-12-31 | $31 million | $29 million |
| 2024-12-31 | $30 million | $25 million |
| 2025-12-31 | $56 million | $39 million |
Read from Shopify’s annual reports (10-K for 2025, 10-K for 2024, 20-F for 2015) and the financial data it files with the SEC, as of 2026-02-11. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.