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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 subscription Solutions Cost of Revenues (% of Total Revenue) (%) (%)

Annual figures from Shopify's filings and investor materials

QuarterlyAnnual
Latest, FY2025
4.0%
Period ended Dec 31, 2025
Change on a year earlier
-1.0 pts
5.0% in FY2024
History
12 years
Since FY2014
Sources
10
Documents cited below

Annual history

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

PeriodEndedSubscription Solutions Cost of Revenues (% of Total Revenue) (%) (%)Year on yearSource
FY2025Dec 31, 20254.0%-1.0 ptsForm 10-K FY2025 (filed 2026-02-11) ↗
FY2024Dec 31, 20245.0%0.0 ptsForm 10-K FY2025 (filed 2026-02-11) ↗
FY2023Dec 31, 20235.0%-1.0 ptsForm 10-K FY2025 (filed 2026-02-11) ↗
FY2022Dec 31, 20226.0%0.0 ptsForm 10-K FY2024 (filed 2025-02-11) ↗
FY2021Dec 31, 20216.0%-0.6 ptsForm 40-F FY2023 (filed 2024-02-13) ↗
FY2020Dec 31, 20206.6%-1.5 ptsForm 40-F FY2022 (filed 2023-02-16) ↗
FY2019Dec 31, 20198.1%-1.3 ptsForm 40-F FY2021 (filed 2022-02-16) ↗
FY2018Dec 31, 20189.4%+0.3 ptsForm 40-F FY2020 (filed 2021-02-17) ↗
FY2017Dec 31, 20179.1%-1.0 ptsForm 40-F FY2019 (filed 2020-02-12) ↗
FY2016Dec 31, 201610.1%-1.9 ptsForm 40-F FY2018 (filed 2019-02-12) ↗
FY2015Dec 31, 201512.0%-4.0 ptsForm 40-F FY2017 (filed 2018-02-15) ↗
FY2014Dec 31, 201416.0%–Form 40-F FY2016 (filed 2017-02-15) ↗

Cite this data

StockData. (2026). Shopify Subscription Solutions Cost of Revenues (% of Total Revenue) (%) (%), annual FY2014–FY2025 [Data set]. Compiled from Shopify SEC filings and investor materials. https://stockdatahq.com/stocks/shop/kpis/subscription_cost_pct_revenue

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