Shopify Operating Expenses 2013-2026 | SHOP

Shopify annual/quarterly operating expenses history and growth rate from 2013 to 2026. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Shopify operating expenses for the quarter ending March 31, 2026 were $2.788B, a 29.25% increase year-over-year.
  • Shopify operating expenses for the twelve months ending March 31, 2026 were $10.719B, a 30.93% increase year-over-year.
  • Shopify annual operating expenses for 2025 were $10.088B, a 29.25% increase from 2024.
  • Shopify annual operating expenses for 2024 were $7.805B, a 7.94% decline from 2023.
  • Shopify annual operating expenses for 2023 were $8.478B, a 32.01% increase from 2022.
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Shopify Annual Operating Expenses
(Millions of US $)
2025 $10,088
2024 $7,805
2023 $8,478
2022 $6,422
2021 $4,343
2020 $2,839
2019 $1,719
2018 $1,165
2017 $722
2016 $426
2015 $223
2014 $127
2013 $55
2012 $25
Shopify Quarterly Operating Expenses
(Millions of US $)
2026-03-31 $2,788
2025-12-31 $3,041
2025-09-30 $2,501
2025-06-30 $2,389
2025-03-31 $2,157
2024-12-31 $2,347
2024-09-30 $1,879
2024-06-30 $1,804
2024-03-31 $1,775
2023-12-31 $1,855
2023-09-30 $1,592
2023-06-30 $3,330
2023-03-31 $1,701
2022-12-31 $1,923
2022-09-30 $1,712
2022-06-30 $1,485
2022-03-31 $1,302
2021-12-31 $1,366
2021-09-30 $1,128
2021-06-30 $980
2021-03-31 $870
2020-12-31 $865
2020-09-30 $717
2020-06-30 $714
2020-03-31 $543
2019-12-31 $535
2019-09-30 $426
2019-06-30 $402
2019-03-31 $356
2018-12-31 $353
2018-09-30 $301
2018-06-30 $276
2018-03-31 $235
2017-12-31 $229
2017-09-30 $184
2017-06-30 $168
2017-03-31 $142
2016-12-31 $140
2016-09-30 $109
2016-06-30 $95
2016-03-31 $82
2015-12-31 $77
2015-09-30 $57
2015-06-30 $48
2015-03-31 $41
2014-12-31 $40
2014-09-30 $31
2014-06-30 $31
2014-03-31 $25
2013-12-31
2012-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $144.483B $11.556B
Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.
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