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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersNon Operating IncomeNon Operating Investment IncomeNon Operating Investment IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Shopify (SHOP) Research & Development (2024 - 2026)

Shopify (SHOP) has disclosed Research & Development for 2 consecutive years, with $390.0 million as the latest value for Q4 2025.

  • For Q4 2025, Research & Development rose 11.11% year-over-year to $390.0 million; the TTM value through Dec 2025 reached $1.5 billion, up 12.36%, while the annual FY2025 figure was $1.5 billion, 12.36% up from the prior year.
  • Research & Development hit $390.0 million in Q4 2025 for Shopify, up from $375.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $394.0 million in Q2 2025 and bottomed at $332.0 million in Q3 2024.