Shopify (SHOP) Operating Expenses (2024 - 2026)
Powered by 
Analysis
Shopify (SHOP) Operating Expenses (2024 - 2026) Analysis & Trends
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 87.00 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 51.61 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 1.50 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 5.19 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 1.21 Bn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 13.32 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 475.85 Mn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 645.39 Mn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 5.48 Bn |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | 5.39 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.21 Bn |
| Jun 30, 2026 | 1.22 Bn |
| Mar 31, 2026 | 1.16 Bn |
| Dec 31, 2025 | 1.06 Bn |
| Sep 30, 2025 | 1.05 Bn |
| Jun 30, 2025 | 1.01 Bn |
| Mar 31, 2025 | 966.00 Mn |
| Dec 31, 2024 | 887.00 Mn |
| Sep 30, 2024 | 835.00 Mn |
| Jun 30, 2024 | 804.00 Mn |
| Mar 31, 2024 | 871.00 Mn |
API Access
Shopify Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SHOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();