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Shopify (SHOP) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Shopify (SHOP) over the last 13 years, with Q3 2025 value amounting to $1.0 billion.

  • Shopify's Operating Expenses rose 2550.9% to $1.0 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $3.9 billion, marking a year-over-year increase of 5585.66%. This contributed to the annual value of $3.4 billion for FY2024, which is 3113.72% down from last year.
  • According to the latest figures from Q3 2025, Shopify's Operating Expenses is $1.0 billion, which was up 2550.9% from $1.0 billion recorded in Q2 2025.
  • Over the past 5 years, Shopify's Operating Expenses peaked at $2.5 billion during Q2 2023, and registered a low of $347.5 million during Q1 2021.
  • Moreover, its 5-year median value for Operating Expenses was $804.0 million (2024), whereas its average is $856.2 million.
  • Per our database at Business Quant, Shopify's Operating Expenses surged by 27245.58% in 2023 and then tumbled by 6746.26% in 2024.
  • Over the past 5 years, Shopify's Operating Expenses (Quarter) stood at $538.1 million in 2021, then surged by 35.17% to $727.3 million in 2022, then skyrocketed by 239.74% to $2.5 billion in 2023, then crashed by 64.1% to $887.0 million in 2024, then increased by 18.15% to $1.0 billion in 2025.
  • Its Operating Expenses stands at $1.0 billion for Q3 2025, versus $1.0 billion for Q2 2025 and $966.0 million for Q1 2025.