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SHOPIFY INC. Depreciation & Amortization 2013-2026 | SHOP

Annual FY2013–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$31.0M

−13.9%YoY vs FY2024Source: 10-KFY2025

From $1.8M in FY2013 to $31.0M in FY2025: 17.6× in 12 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$7M−12.5%Not reportedNot reportedNot reported
FY25$8M−20.0%$8M−20.0%$8M0.0%$7M−12.5%
FY24$10M$10M$8M$8M
Share27%27%24%22%

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 DirectionDeclining
CAGR

−15.0%

FY2020
$70.1M
FY2025
$31.0M

5 years selected · on the chart

Depreciation & Amortization History

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

  1. $31.0M
YoY changeLargest recent move+96.5%in FY20Latest −13.9%

1 older move runs past ±150% (largest +165.8%); point at, tap or drag across the bars to read one.

Depreciation & Amortization, period by period

PeriodValueChangeSource
FY2025$31.0M−13.9%10-K
FY2024$36.0M−48.6%10-K
FY2023$70.0M−24.7%10-K
FY2022$93.0M+40.3%10-K
FY2021$66.3M−5.4%10-K
FY2020$70.1M+96.5%10-K
FY2019$35.7M+31.8%10-K
FY2018$27.1M+15.7%10-K
FY2017$23.4M+67.4%10-K
FY2016$14.0M+93.0%10-K
FY2015$7.2M+54.9%10-K
FY2014$4.7M+165.8%10-K
FY2013$1.8M—10-K

What is depreciation & amortization?

Depreciation and amortization represents the non-cash expense of allocating the cost of tangible and intangible assets over their useful lives.

What is SHOPIFY INC.'s current depreciation & amortization?

SHOPIFY INC. (SHOP) annual depreciation & amortization for 2025 was $31.0M, a 13.89% decline from 2024. SHOPIFY INC. depreciation & amortization for the quarter ending March 31, 2026 was $7.0M.

What was SHOPIFY INC.'s depreciation & amortization in 2024?

SHOPIFY INC. annual depreciation & amortization for 2024 was $36.0M, a 48.57% decline from 2023.

What was SHOPIFY INC.'s depreciation & amortization in 2023?

SHOPIFY INC. annual depreciation & amortization for 2023 was $70.0M, a 24.73% decline from 2022.

What is SHOPIFY INC.'s 5-year depreciation & amortization CAGR?

SHOPIFY INC. depreciation & amortization grew at a compound annual growth rate (CAGR) of 15.05% from FY2020 to FY2025, going from $70.1M to $31.0M over 5 years.

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