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 June 30, 2024 were $0.413B, a 8.63% decline year-over-year.
- Shopify sg&a expenses for the twelve months ending June 30, 2024 were $1.747B, a 9.53% 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 $) |
2024-06-30 |
$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 |
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2012-12-31 |
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Sector |
Industry |
Market Cap |
Revenue |
Computer and Technology |
Internet Services |
$101.928B |
$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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