Shopify (SHOP) Other Operating Expenses (2024 - 2026)
Shopify (SHOP) recorded Other Operating Expenses of -$878 million in Q3 2026, compared with -$520 million a year earlier.
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Analysis
Shopify (SHOP) Other Operating Expenses (2024 - 2026) Analysis & Trends
On a TTM basis, Shopify's Other Operating Expenses came in at -$3.29 billion as of Sep 30, 2026; for FY2025, it came in at -$2.39 billion.
- Across earlier years, Other Operating Expenses came in at -$1.42 billion in FY2024, $897 million in FY2023, $22 million in FY2022 and -$293.06 million in FY2021.
- Quarterly Other Operating Expenses has ranged from -$1.04 billion in Q4 2025 to -$157 million in Q1 2024 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$791 million (Q2 2026), -$575 million (Q1 2026) and -$1.04 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 586.00 Mn |
| Jun 30, 2026 | 639.00 Mn |
| Mar 31, 2026 | 612.00 Mn |
| Dec 31, 2025 | 547.00 Mn |
| Sep 30, 2025 | 558.00 Mn |
| Jun 30, 2025 | 495.00 Mn |
| Mar 31, 2025 | 480.00 Mn |
| Dec 31, 2024 | 424.00 Mn |
| Sep 30, 2024 | 389.00 Mn |
| Jun 30, 2024 | 395.00 Mn |
| Mar 31, 2024 | 412.00 Mn |
API Access
Shopify Other 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=other-operating-expenses&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-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=other-operating-expenses&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();