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.
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 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 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 |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 586.00 Mn |
| Mar 31, 2026 | 553.00 Mn |
| Dec 31, 2025 | 504.00 Mn |
| Sep 30, 2025 | 523.00 Mn |
| Jun 30, 2025 | 474.00 Mn |
| Mar 31, 2025 | 452.00 Mn |
| Dec 31, 2024 | 427.00 Mn |
| Sep 30, 2024 | 389.00 Mn |
| Jun 30, 2024 | 391.00 Mn |
| Mar 31, 2024 | 386.00 Mn |