Shopify (SHOP) Research & Development (2016 - 2025)
Historic Research & Development for Shopify (SHOP) over the last 13 years, with Q3 2025 value amounting to $375.0 million.
- Shopify's Research & Development rose 1295.18% to $375.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.5 billion, marking a year-over-year decrease of 1003.61%. This contributed to the annual value of $1.4 billion for FY2024, which is 2098.27% down from last year.
- Per Shopify's latest filing, its Research & Development stood at $375.0 million for Q3 2025, which was up 1295.18% from $394.0 million recorded in Q2 2025.
- Shopify's Research & Development's 5-year high stood at $648.0 million during Q2 2023, with a 5-year trough of $139.0 million in Q1 2021.
- Its 5-year average for Research & Development is $326.5 million, with a median of $332.0 million in 2024.
- In the last 5 years, Shopify's Research & Development surged by 13831.85% in 2023 and then tumbled by 4614.2% in 2024.
- Quarter analysis of 5 years shows Shopify's Research & Development stood at $217.3 million in 2021, then surged by 49.35% to $324.6 million in 2022, then skyrocketed by 99.66% to $648.0 million in 2023, then crashed by 45.83% to $351.0 million in 2024, then rose by 6.84% to $375.0 million in 2025.
- Its Research & Development stands at $375.0 million for Q3 2025, versus $394.0 million for Q2 2025 and $377.0 million for Q1 2025.