Shopify (SHOP) Capital Expenditures (2024 - 2026)

Shopify's Capital Expenditures history runs 3 years deep, the most recent figure standing at $5.0 million for Q1 2026.

• In Q1 2026, Capital Expenditures rose 25.0% year-over-year to $5.0 million; the TTM figure through Mar 2026 stood at $27.0 million (up 58.82% YoY), while the FY2025 annual figure was $26.0 million, up 36.84% from the prior year.
• Capital Expenditures was $5.0 million for Q1 2026 at Shopify, down from $10.0 million in the prior quarter.
• In the past five years, Capital Expenditures ranged from a high of $10.0 million in Q4 2025 to a low of $2.0 million in Q3 2024.
• Historically, Capital Expenditures has averaged $5.6 million across 3 years, with a median of $6.0 million in 2024.
• Biggest YoY gain for Capital Expenditures was 200.0% in 2025; the steepest drop was 33.33% in 2025.
• A 3-year view of Capital Expenditures shows it stood at $4.0 million in 2024, then jumped by 150.0% to $10.0 million in 2025, then tumbled by 50.0% to $5.0 million in 2026.
• The last three Capital Expenditures figures came in at $5.0 million (Q1 2026), $10.0 million (Q4 2025), and $6.0 million (Q3 2025), per Business Quant data.