Shopify SHOP
NASDAQ SHOP
$145.09 -0.79 (-0.54%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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