Shopify (SHOP) Share-based Compensation (2024 - 2026)

Shopify's Share-based Compensation history runs 3 years deep, the most recent figure standing at $132.0 million for Q1 2026.

• In Q1 2026, Share-based Compensation rose 15.79% year-over-year to $132.0 million; the TTM figure through Mar 2026 stood at $467.0 million (up 6.38% YoY), while the FY2025 annual figure was $449.0 million, up 4.42% from the prior year.
• Share-based Compensation was $132.0 million for Q1 2026 at Shopify, up from $115.0 million in the prior quarter.
• In the past five years, Share-based Compensation ranged from a high of $132.0 million in Q1 2026 to a low of $105.0 million in Q1 2024.
• Historically, Share-based Compensation has averaged $112.3 million across 3 years, with a median of $110.0 million in 2024.
• The sharpest annual moves came in 2025 and 2026: Share-based Compensation decreased 2.73% in 2025, then grew 15.79% in 2026.
• A 3-year view of Share-based Compensation shows it stood at $109.0 million in 2024, then gained by 5.5% to $115.0 million in 2025, then rose by 14.78% to $132.0 million in 2026.
• The last three Share-based Compensation figures came in at $132.0 million (Q1 2026), $115.0 million (Q4 2025), and $107.0 million (Q3 2025), per Business Quant data.