Shopify Research and Development Expenses 2013-2021 | SHOP

Shopify annual/quarterly research and development expenses history and growth rate from 2013 to 2021. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Shopify research and development expenses for the quarter ending June 30, 2021 were $0.184B, a 37.78% increase year-over-year.
  • Shopify research and development expenses for the twelve months ending June 30, 2021 were $0.662B, a 49.5% increase year-over-year.
  • Shopify annual research and development expenses for 2020 were $0.552B, a 55.52% increase from 2019.
  • Shopify annual research and development expenses for 2019 were $0.355B, a 53.9% increase from 2018.
  • Shopify annual research and development expenses for 2018 were $0.231B, a 69.62% increase from 2017.
Shopify Annual Research and Development Expenses
(Millions of US $)
2020 $552
2019 $355
2018 $231
2017 $136
2016 $74
2015 $40
2014 $26
2013 $14
2012 $6
Shopify Quarterly Research and Development Expenses
(Millions of US $)
2021-06-30 $184
2021-03-31 $176
2020-12-31 $159
2020-09-30 $143
2020-06-30 $133
2020-03-31 $116
2019-12-31 $103
2019-09-30 $90
2019-06-30 $86
2019-03-31 $76
2018-12-31 $67
2018-09-30 $62
2018-06-30 $54
2018-03-31 $48
2017-12-31 $40
2017-09-30 $36
2017-06-30 $33
2017-03-31 $27
2016-12-31 $24
2016-09-30 $19
2016-06-30 $17
2016-03-31 $14
2015-12-31 $14
2015-09-30 $10
2015-06-30 $9
2015-03-31 $7
2014-12-31 $7
2014-09-30 $7
2014-06-30 $7
2014-03-31 $6
2013-12-31
2012-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $184.147B $2.929B
Shopify Inc. offers cloud-based commerce platform. The Company's platform provides merchants to design, set up and manage their stores through Web, mobile, social media, brick-and-mortar locations and pop-up shops. Shopify Inc. is based in Ottawa, Canada.
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