Shopify (SHOP) Other Operating Expenses (2024 - 2026)

Shopify's (SHOP) quarterly Other Operating Expenses came in at $553.0 million in Q1 2026, up 15.21% year-on-year from $480.0 million in Q1 2025, and down 12.36% quarter-over-quarter from $631.0 million in Q4 2025.

Shopify (SHOP) Other Operating Expenses (2024 - 2026) Analysis & Trends

Shopify's Other Operating Expenses history runs 3 years deep, the most recent figure standing at $553.0 million for Q1 2026.

  • On a quarterly basis, Other Operating Expenses rose 15.21% year-over-year to $553.0 million in Q1 2026; TTM through Mar 2026 was $2.2 billion, a 31.54% increase from a year earlier, with the FY2025 full-year figure at $2.1 billion, up 30.49% from the prior year.
  • Other Operating Expenses eased to $553.0 million in Q1 2026 per SHOP's latest filing, from $631.0 million in the prior quarter.
  • Across five years, Other Operating Expenses topped out at $631.0 million in Q4 2025 and bottomed at $389.0 million in Q3 2024.
  • The 3-year median for Other Operating Expenses is $474.0 million (2025), against an average of $472.3 million.
  • Across the five-year window, Other Operating Expenses jumped 58.54% in 2025 and advanced 15.21% in 2026, its largest moves.
  • Year by year, Other Operating Expenses stood at $398.0 million in 2024, then soared by 58.54% to $631.0 million in 2025, then fell by 12.36% to $553.0 million in 2026.
  • Per Business Quant, the three latest SHOP Other Operating Expenses figures stand at $553.0 million (Q1 2026), $631.0 million (Q4 2025), and $523.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 553.00 Mn
Dec 31, 2025 631.00 Mn
Sep 30, 2025 523.00 Mn
Jun 30, 2025 474.00 Mn
Mar 31, 2025 480.00 Mn
Dec 31, 2024 398.00 Mn
Sep 30, 2024 389.00 Mn
Jun 30, 2024 391.00 Mn
Mar 31, 2024 412.00 Mn