Shopify SHOP
NASDAQ SHOP
$145.09 -0.79 (-0.54%)
At close: Sep 4, 2026 · 4:00 PM EDT

Shopify (SHOP) Capital Expenditures (2024 - 2026)

Shopify (SHOP) posted Capital Expenditures of $4.0 million for Q2 2026, down 20.0% on a QoQ basis from $5.0 million in Q1 2026, and down 33.33% year-over-year from $6.0 million in Q2 2025.

Analysis

Shopify (SHOP) Capital Expenditures (2024 - 2026) Analysis & Trends

Shopify has reported Capital Expenditures for 3 years, with the latest figure at $4.0 million in Q2 2026.

  • On a quarterly basis, Capital Expenditures fell 33.33% year-over-year to $4.0 million in Q2 2026; TTM through Jun 2026 was $25.0 million, a 56.25% increase from a year earlier, with the FY2025 full-year figure at $26.0 million, up 36.84% from the prior year.
  • Capital Expenditures was $4.0 million for Q2 2026 at Shopify, down from $5.0 million in the prior quarter.
  • The five-year high for Capital Expenditures was $10.0 million in Q4 2025, with the low at $2.0 million in Q3 2024.
  • Average Capital Expenditures over 3 years is $5.4 million, with a median of $5.5 million recorded in 2024.
  • The largest YoY upside for Capital Expenditures was 200.0% in 2025 against a maximum downside of 33.33% in 2025.
  • Over 3 years, Capital Expenditures stood at $4.0 million in 2024, then surged by 150.0% to $10.0 million in 2025, then slumped by 60.0% to $4.0 million in 2026.
  • The last three Capital Expenditures figures came in at $4.0 million (Q2 2026), $5.0 million (Q1 2026), and $10.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Shopify 187.92 Bn 182.98 Bn 1.71 Bn 4.00 Mn
2 Global-E Online 6.49 Bn 6.13 Bn 131.87 Mn -452,000.00
3 Vtex 624.51 Mn 438.62 Mn 51.71 Mn -244,000.00
4 Rezolve Ai 359.91 Mn 248.80 Mn - -
5 Commerce.com 212.95 Mn 56.62 Mn 63.53 Mn 5.04 Mn
6 Baozun 154.04 Mn -65.26 Mn 302.56 Mn -
7 BeLive Holdings 23.36 Mn 16.74 Mn - -
8 Paid 20.26 Mn 19.18 Mn 1.22 Mn 1,127.00
9 Caro Holdings 11.71 Mn 11.71 Mn - -
10 My Size 1.36 Mn 650,132.45 973,000.00 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.00 Mn
Mar 31, 2026 5.00 Mn
Dec 31, 2025 10.00 Mn
Sep 30, 2025 6.00 Mn
Jun 30, 2025 6.00 Mn
Mar 31, 2025 4.00 Mn
Dec 31, 2024 4.00 Mn
Sep 30, 2024 2.00 Mn
Jun 30, 2024 7.00 Mn
Mar 31, 2024 6.00 Mn