Shopify Inc.
Close on Nov 2, 2026Market cap $201.00BP/E 104.8Yield –
Shopify Subscription Solutions Cost of Revenues by Year
Subscription Solutions Cost of Revenues ($M) ($M)
Shopify Subscription Solutions Cost of Revenues: $520M in FY2025, up 19.8% from a year earlier. That is the highest of the 12 years on record here.
Where the FY2025 figure comes from
Source: Form 10-K (filed 2026-02-11) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Subscription Solutions Cost of Revenues ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 520 | +19.8% | Form 10-K (filed 2026-02-11) ↗ |
| FY2024 | Dec 31, 2024 | 434 | +22.6% | Form 10-K (filed 2026-02-11) ↗ |
| FY2023 | Dec 31, 2023 | 354 | +6.9% | Form 40-F (filed 2024-02-13) ↗ |
| FY2022 | Dec 31, 2022 | 331 | +25.2% | Form 40-F (filed 2024-02-13) ↗ |
| FY2021 | Dec 31, 2021 | 264 | +36.6% | Form 40-F (filed 2023-02-16) ↗ |
| FY2020 | Dec 31, 2020 | 194 | +50.9% | Form 40-F (filed 2022-02-16) ↗ |
| FY2019 | Dec 31, 2019 | 128 | +26.9% | Form 40-F (filed 2021-02-17) ↗ |
| FY2018 | Dec 31, 2018 | 101 | +64.9% | Form 40-F (filed 2020-02-12) ↗ |
| FY2017 | Dec 31, 2017 | 61.3 | +55.2% | Form 40-F FY2019 (filed 2020-02-12) ↗ |
| FY2016 | Dec 31, 2016 | 39.5 | +60.9% | Form 40-F FY2018 (filed 2019-02-12) ↗ |
| FY2015 | Dec 31, 2015 | 24.5 | +46.1% | Form 40-F FY2017 (filed 2018-02-15) ↗ |
| FY2014 | Dec 31, 2014 | 16.8 | – | Form 40-F FY2016 (filed 2017-02-15) ↗ |
Breakdown
What makes up subscription Solutions Cost of Revenues
Cite this data
StockData. (2026). Shopify Subscription Solutions Cost of Revenues ($M), annual FY2014–FY2025 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/subscription-solutions-cost-of-revenues
See every metric in the Shopify KPI table. Data updated Oct 25, 2026.