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Shopify Inc. (SHOP) operating KPIs

SHOPNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026Score 12/30
$157.49−9.40 (-5.63%)

Close on Oct 30, 2026Market cap $202.63BP/E 105.7Yield –

Shopify total Cost of Revenues (% of Total Revenue) (%) (%)

Quarterly figures from Shopify's filings and investor materials

QuarterlyAnnual
Latest, Q2 2026
52.0%
Period ended Jun 30, 2026
Change on a year earlier
+1.0 pts
51.0% in Q2 2025
History
35 quarters
Since Q1 2015
Sources
32
Documents cited below

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedTotal Cost of Revenues (% of Total Revenue) (%) (%)Year on yearSource
Q2 2026Jun 30, 202652.0%+1.0 ptsForm 10-Q FY2026Q2 (filed 2026-08-05) ↗
Q1 2026Mar 31, 202651.0%+1.0 ptsForm 10-Q FY2026Q1 (filed 2026-05-05) ↗
Q3 2025Sep 30, 202551.0%+3.0 ptsForm 10-Q FY2025Q3 (filed 2025-11-04) ↗
Q2 2025Jun 30, 202551.0%+2.0 ptsForm 10-Q FY2026Q2 (filed 2026-08-05) ↗
Q1 2025Mar 31, 202550.0%+1.0 ptsForm 10-Q FY2026Q1 (filed 2026-05-05) ↗
Q3 2024Sep 30, 202448.0%-765.0 ptsForm 10-Q FY2025Q3 (filed 2025-11-04) ↗
Q2 2024Jun 30, 202449.0%-810.0 ptsForm 10-Q FY2025Q2 (filed 2025-08-06) ↗
Q1 2024Mar 31, 202449.0%-742.0 ptsForm 10-Q FY2025Q1 (filed 2025-05-08) ↗
Q3 2023Sep 30, 2023813.0%+109.0 ptsForm 6-K FY2024Q3 (filed 2024-11-12) ↗
Q2 2023Jun 30, 2023859.0%+220.0 ptsForm 6-K FY2024Q2 (filed 2024-08-07) ↗
Q1 2023Mar 31, 2023791.0%+225.0 ptsForm 6-K FY2024Q1 (filed 2024-05-08) ↗
Q3 2022Sep 30, 2022704.0%-514127.0 ptsForm 6-K FY2023Q3 (filed 2023-11-02) ↗
Q2 2022Jun 30, 2022639.0%-497946.0 ptsForm 6-K FY2023Q2 (filed 2023-08-03) ↗
Q1 2022Mar 31, 2022566.0%-429365.0 ptsForm 6-K FY2023Q1 (filed 2023-05-04) ↗
Q3 2021Sep 30, 2021514,831.0%+152574.0 ptsForm 6-K FY2022Q3 (filed 2022-10-27) ↗
Q2 2021Jun 30, 2021498,585.0%+159278.0 ptsForm 6-K FY2022Q2 (filed 2022-07-27) ↗

Cite this data

StockData. (2026). Shopify Total Cost of Revenues (% of Total Revenue) (%) (%), quarterly Q1 2015–Q2 2026 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/cost_of_revenues_pct_revenue

See every metric in the Shopify KPI table. Data updated Oct 25, 2026.