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SHOPIFY INC. Capital Expenditures 2013-2026 | SHOP

Annual FY2013–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$26.0M

+36.8%YoY vs FY2024Source: 10-KFY2025

From $3.5M in FY2013 to $26.0M in FY2025: 7.5× in 12 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$5M+25.0%Not reportedNot reportedNot reported
FY25$4M−33.3%$6M−14.3%$6M+200.0%$10M+150.0%
FY24$6M$7M$2M$4M
Share23%30%17%30%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

−9.0%

FY2020
$41.7M
FY2025
$26.0M

5 years selected · on the chart

Capital Expenditures History

Year-over-year comparison from 10-K annual reports

  1. $26.0M
YoY changeLargest recent move+103.1%in FY19Latest +36.8%

1 older move runs past ±150% (largest +494.3%); point at, tap or drag across the bars to read one.

Capital Expenditures, period by period

PeriodValueChangeSource
FY2025$26.0M+36.8%10-K
FY2024$19.0M−51.3%10-K
FY2023$39.0M−22.0%10-K
FY2022$50.0M−1.6%10-K
FY2021$50.8M+21.7%10-K
FY2020$41.7M−26.5%10-K
FY2019$56.8M+103.1%10-K
FY2018$27.9M+39.5%10-K
FY2017$20.0M−15.7%10-K
FY2016$23.8M+43.9%10-K
FY2015$16.5M−19.7%10-K
FY2014$20.6M+494.3%10-K
FY2013$3.5M—10-K

What is capital expenditures?

Capital expenditures (CapEx) can be defined as money spent on acquiring, maintaining, or upgrading physical assets such as property, buildings, and equipment.

What is SHOPIFY INC.'s current capital expenditures?

SHOPIFY INC. (SHOP) annual capital expenditures for 2025 was $26.0M, a 36.84% increase from 2024. SHOPIFY INC. capital expenditures for the quarter ending March 31, 2026 was $5.0M.

What was SHOPIFY INC.'s capital expenditures in 2024?

SHOPIFY INC. annual capital expenditures for 2024 was $19.0M, a 51.28% decline from 2023.

What was SHOPIFY INC.'s capital expenditures in 2023?

SHOPIFY INC. annual capital expenditures for 2023 was $39.0M, a 22.00% decline from 2022.

What is SHOPIFY INC.'s 5-year capital expenditures CAGR?

SHOPIFY INC. capital expenditures grew at a compound annual growth rate (CAGR) of 9.03% from FY2020 to FY2025, going from $41.7M to $26.0M over 5 years.

Company
SHOPIFY INC.
Ticker
SHOP
Sector
Technology
Industry
Services-Prepackaged Software