Shopify SG&A Expenses 2013-2024 | SHOP

Shopify annual/quarterly sg&a expenses history and growth rate from 2013 to 2024. Sg&a expenses can be defined as the sum of all selling, general and administrative expenses.
  • Shopify sg&a expenses for the quarter ending September 30, 2024 were $0.445B, a 3.01% increase year-over-year.
  • Shopify sg&a expenses for the twelve months ending September 30, 2024 were $1.760B, a 2.55% decline year-over-year.
  • Shopify annual sg&a expenses for 2023 were $1.711B, a 11.71% decline from 2022.
  • Shopify annual sg&a expenses for 2022 were $1.938B, a 51.83% increase from 2021.
  • Shopify annual sg&a expenses for 2021 were $1.276B, a 50.63% increase from 2020.
Shopify Annual SG&A Expenses
(Millions of US $)
2023 $1,711
2022 $1,938
2021 $1,276
2020 $847
2019 $627
2018 $458
2017 $293
2016 $172
2015 $91
2014 $57
2013 $27
2012 $14
Shopify Quarterly SG&A Expenses
(Millions of US $)
2024-09-30 $445
2024-06-30 $413
2024-03-31 $485
2023-12-31 $417
2023-09-30 $432
2023-06-30 $452
2023-03-31 $410
2022-12-31 $512
2022-09-30 $557
2022-06-30 $457
2022-03-31 $412
2021-12-31 $377
2021-09-30 $367
2021-06-30 $280
2021-03-31 $253
2020-12-31 $220
2020-09-30 $199
2020-06-30 $228
2020-03-31 $200
2019-12-31 $183
2019-09-30 $155
2019-06-30 $154
2019-03-31 $135
2018-12-31 $128
2018-09-30 $119
2018-06-30 $113
2018-03-31 $96
2017-12-31 $87
2017-09-30 $76
2017-06-30 $70
2017-03-31 $60
2016-12-31 $53
2016-09-30 $44
2016-06-30 $39
2016-03-31 $36
2015-12-31 $31
2015-09-30 $23
2015-06-30 $20
2015-03-31 $18
2014-12-31 $17
2014-09-30 $14
2014-06-30 $15
2014-03-31 $12
2013-12-31
2012-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $138.020B $7.060B
Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.
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