Shopify Inc. (SHOP): R&D Expense

Annual figures by period end, from SEC filings.

$1.54B
Year ended 2025-12-31
$1.65B
Trailing 12 months to 2026-06-30
+0.7%
3-year compound annual growth
+22.7%
5-year compound annual growth
+44.1%
10-year compound annual growth
$1.73B2013-12-31: $13.68M2014-12-31: $25.91M2015-12-31: $39.72M2016-12-31: $74.34M2017-12-31: $136.00M2018-12-31: $230.67M2019-12-31: $355.01M2020-12-31: $552.13M2021-12-31: $854.38M2022-12-31: $1.50B2023-12-31: $1.73B2024-12-31: $1.37B2025-12-31: $1.54B$1.54B
2013-12-31 R&D Expense (USD) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31$1.54B+12.4%2026-02-11, From 2025-01-01
2024-12-31$1.37B-21.0%2026-02-11, From 2024-01-01
2023-12-31$1.73B+15.1%2026-02-11, From 2023-01-01
2022-12-31$1.50B+75.9%2025-02-11, From 2022-01-01
2021-12-31$854.38M+54.7%2023-02-16, From 2021-01-01
2020-12-31$552.13M+55.5%2022-02-16, From 2020-01-01
2019-12-31$355.01M+53.9%2021-02-17, From 2019-01-01
2018-12-31$230.67M+69.6%2020-02-12, From 2018-01-01
2017-12-31$136.00M+82.9%2019-02-12, From 2017-01-01
2016-12-31$74.34M+87.1%2018-02-15, From 2016-01-01
2015-12-31$39.72M+53.3%2017-02-15, From 2015-01-01
2014-12-31$25.91M+89.4%2016-02-17, From 2014-01-01
2013-12-31$13.68Mn/a2016-02-17, From 2013-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Services-Prepackaged Software), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
Shopify Inc. (SHOP)2025-12-31$1.54B+12.4%
ServiceNow, Inc. (NOW)2025-12-31$2.96B+16.4%
Autodesk, Inc. (ADSK)2026-01-31$1.64B+10.6%
Synopsys Inc (SNPS)2025-10-31$2.48B+19.1%
Atlassian Corp (TEAM)2026-06-30$3.27B+22.5%
SS&C Technologies Holdings Inc (SSNC)2025-12-31$507.50M-2.0%
Intuit Inc. (INTU)2026-07-31$3.38B+15.3%
Block, Inc. (XYZ)2025-12-31$2.91B-0.2%
CoreWeave, Inc. (CRWV)2025-12-31$352.00M+528.6%

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