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SHOPIFY INC. G&A Expense 2013-2026 | SHOP

Annual FY2013–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$471.0M

+14.9%YoY vs FY2024Source: 10-KFY2025

From $4.0M in FY2013 to $471.0M in FY2025: 118.5× in 12 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$115M+5.5%Not reportedNot reportedNot reported
FY25$109M−12.1%$122M+103.3%$115M+0.9%$125M+11.6%
FY24$124M$60M$114M$112M
Share27%20%26%27%

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

+13.9%

FY2020
$245.3M
FY2025
$471.0M

5 years selected · on the chart

G&A Expense History

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

  1. $471.0M
YoY changeLargest recent move+106.1%in FY16Latest +14.9%

1 older move runs past ±150% (largest +191.0%); point at, tap or drag across the bars to read one.

G&A Expense, period by period

PeriodValueChangeSource
FY2025$471.0M+14.9%10-K
FY2024$410.0M−16.5%10-K
FY2023$491.0M−30.6%10-K
FY2022$708.0M+88.9%10-K
FY2021$374.8M+52.8%10-K
FY2020$245.3M+59.6%10-K
FY2019$153.8M+43.1%10-K
FY2018$107.4M+58.7%10-K
FY2017$67.7M+57.1%10-K
FY2016$43.1M+106.1%10-K
FY2015$20.9M+80.8%10-K
FY2014$11.6M+191.0%10-K
FY2013$4.0M—10-K

What is g&a expense?

General and administrative expenses cover corporate overhead costs including management salaries, office expenses, and administrative costs.

What is SHOPIFY INC.'s current g&a expense?

SHOPIFY INC. (SHOP) annual g&a expense for 2025 was $471.0M, a 14.88% increase from 2024. SHOPIFY INC. g&a expense for the quarter ending March 31, 2026 was $115.0M.

What was SHOPIFY INC.'s g&a expense in 2024?

SHOPIFY INC. annual g&a expense for 2024 was $410.0M, a 16.50% decline from 2023.

What was SHOPIFY INC.'s g&a expense in 2023?

SHOPIFY INC. annual g&a expense for 2023 was $491.0M, a 30.65% decline from 2022.

What is SHOPIFY INC.'s 5-year g&a expense CAGR?

SHOPIFY INC. g&a expense grew at a compound annual growth rate (CAGR) of 13.93% from FY2020 to FY2025, going from $245.3M to $471.0M over 5 years.

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