Shopify (SHOP) Other Operating Expenses (2024 - 2026)
Shopify (SHOP) posted Other Operating Expenses of $586.0 million for Q2 2026, up 5.97% on a QoQ basis from $553.0 million in Q1 2026, and up 23.63% year-over-year from $474.0 million in Q2 2025.
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Analysis
Shopify (SHOP) Other Operating Expenses (2024 - 2026) Analysis & Trends
Shopify has reported Other Operating Expenses for 3 years, with the latest figure at $586.0 million in Q2 2026.
- On a quarterly basis, Other Operating Expenses rose 23.63% year-over-year to $586.0 million in Q2 2026; TTM through Jun 2026 was $2.2 billion, a 24.34% increase from a year earlier, with the FY2025 full-year figure at $2.0 billion, up 22.52% from the prior year.
- Other Operating Expenses was $586.0 million for Q2 2026 at Shopify, up from $553.0 million in the prior quarter.
- The five-year high for Other Operating Expenses was $586.0 million in Q2 2026, with the low at $386.0 million in Q1 2024.
- Average Other Operating Expenses over 3 years is $468.5 million, with a median of $463.0 million recorded in 2025.
- The largest YoY upside for Other Operating Expenses was 34.45% in 2025 against a maximum downside of 17.1% in 2025.
- Over 3 years, Other Operating Expenses stood at $427.0 million in 2024, then grew by 18.03% to $504.0 million in 2025, then increased by 16.27% to $586.0 million in 2026.
- The last three Other Operating Expenses figures came in at $586.0 million (Q2 2026), $553.0 million (Q1 2026), and $504.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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();