Shopify (SHOP) Share-based Compensation (2024 - 2026)
Shopify's (SHOP) quarterly Share-based Compensation came in at $132.0 million in Q1 2026, up 15.79% year-on-year from $114.0 million in Q1 2025, and up 14.78% quarter-over-quarter from $115.0 million in Q4 2025.
Shopify (SHOP) Share-based Compensation (2024 - 2026) Analysis & Trends
Shopify's Share-based Compensation history runs 3 years deep, the most recent figure standing at $132.0 million for Q1 2026.
- On a quarterly basis, Share-based Compensation rose 15.79% year-over-year to $132.0 million in Q1 2026; TTM through Mar 2026 was $467.0 million, a 6.38% increase from a year earlier, with the FY2025 full-year figure at $449.0 million, up 4.42% from the prior year.
- Share-based Compensation rose to $132.0 million in Q1 2026 per SHOP's latest filing, from $115.0 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $132.0 million in Q1 2026 and bottomed at $105.0 million in Q1 2024.
- The 3-year median for Share-based Compensation is $110.0 million (2024), against an average of $112.3 million.
- Across the five-year window, Share-based Compensation dropped 2.73% in 2025 and rose 15.79% in 2026, its largest moves.
- Year by year, Share-based Compensation 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.
- Per Business Quant, the three latest SHOP Share-based Compensation figures stand at $132.0 million (Q1 2026), $115.0 million (Q4 2025), and $107.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 333.66 Mn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 132.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 473.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 250.00 Mn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 283.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 51.00 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 402.47 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 123.09 Mn |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 6.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 132.00 Mn |
| Mar 31, 2026 | 132.00 Mn |
| Dec 31, 2025 | 115.00 Mn |
| Dec 31, 2025 | 115.00 Mn |
| Sep 30, 2025 | 107.00 Mn |
| Sep 30, 2025 | 107.00 Mn |
| Jun 30, 2025 | 113.00 Mn |
| Jun 30, 2025 | 113.00 Mn |
| Mar 31, 2025 | 114.00 Mn |
| Mar 31, 2025 | 114.00 Mn |
| Dec 31, 2024 | 109.00 Mn |
| Dec 31, 2024 | 109.00 Mn |
| Sep 30, 2024 | 110.00 Mn |
| Sep 30, 2024 | 110.00 Mn |
| Jun 30, 2024 | 106.00 Mn |
| Jun 30, 2024 | 106.00 Mn |
| Mar 31, 2024 | 105.00 Mn |
| Mar 31, 2024 | 105.00 Mn |