Skip to content
AnalystLens
Back to SHOPCash Flow

SHOPIFY INC. Share-Based Compensation 2013-2026 | SHOP

Annual FY2013–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$449.0M

+4.4%YoY vs FY2024Source: 10-KFY2025

From $1.8M in FY2013 to $449.0M in FY2025: 254.2× in 12 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$132M+15.8%Not reportedNot reportedNot reported
FY25$114M+8.6%$113M+6.6%$107M−2.7%$115M+5.5%
FY24$105M$106M$110M$109M
Share25%25%25%25%

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

+12.7%

FY2020
$246.9M
FY2025
$449.0M

5 years selected · on the chart

Share-Based Compensation History

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

  1. $449.0M
YoY changeLargest recent move+112.8%in FY17Latest +4.4%

2 older moves run past ±150% (largest +183.1%); point at, tap or drag across the bars to read one.

Share-Based Compensation, period by period

PeriodValueChangeSource
FY2025$449.0M+4.4%10-K
FY2024$430.0M−30.1%10-K
FY2023$615.0M+12.0%10-K
FY2022$549.0M+66.0%10-K
FY2021$330.8M+33.9%10-K
FY2020$246.9M+55.8%10-K
FY2019$158.5M+65.5%10-K
FY2018$95.7M+94.7%10-K
FY2017$49.2M+112.8%10-K
FY2016$23.1M+183.1%10-K
FY2015$8.2M+83.6%10-K
FY2014$4.4M+151.6%10-K
FY2013$1.8M—10-K

What is share-based compensation?

Share-based compensation is the non-cash expense of stock options, restricted stock units, and other equity awards granted to employees.

What is SHOPIFY INC.'s current share-based compensation?

SHOPIFY INC. (SHOP) annual share-based compensation for 2025 was $449.0M, a 4.42% increase from 2024. SHOPIFY INC. share-based compensation for the quarter ending March 31, 2026 was $132.0M.

What was SHOPIFY INC.'s share-based compensation in 2024?

SHOPIFY INC. annual share-based compensation for 2024 was $430.0M, a 30.08% decline from 2023.

What was SHOPIFY INC.'s share-based compensation in 2023?

SHOPIFY INC. annual share-based compensation for 2023 was $615.0M, a 12.02% increase from 2022.

What is SHOPIFY INC.'s 5-year share-based compensation CAGR?

SHOPIFY INC. share-based compensation grew at a compound annual growth rate (CAGR) of 12.70% from FY2020 to FY2025, going from $246.9M to $449.0M over 5 years.

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