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Shopify Inc. (SHOP) Cost of goods sold

annual cost of goods sold:

$4.41B+$863.00M(+24.34%)
December 31, 2024

Summary

  • As of today (August 25, 2025), SHOP annual cost of goods sold is $4.41 billion, with the most recent change of +$863.00 million (+24.34%) on December 31, 2024.
  • During the last 3 years, SHOP annual cost of goods sold has risen by +$2.28 billion (+106.88%).
  • SHOP annual cost of goods sold is now at all-time high.

Performance

SHOP Cost of goods sold Chart

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quarterly cost of goods sold:

$1.38B+$187.00M(+15.62%)
June 30, 2025

Summary

  • As of today (August 25, 2025), SHOP quarterly cost of goods sold is $1.38 billion, with the most recent change of +$187.00 million (+15.62%) on June 30, 2025.
  • Over the past year, SHOP quarterly cost of goods sold has increased by +$384.00 million (+38.40%).
  • SHOP quarterly cost of goods sold is now -5.27% below its all-time high of $1.46 billion, reached on December 31, 2024.

Performance

SHOP quarterly cost of goods sold Chart

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TTM cost of goods sold:

$5.09B+$384.00M(+8.17%)
June 30, 2025

Summary

  • As of today (August 25, 2025), SHOP TTM cost of goods sold is $5.09 billion, with the most recent change of +$384.00 million (+8.17%) on June 30, 2025.
  • Over the past year, SHOP TTM cost of goods sold has increased by +$1.29 billion (+33.88%).
  • SHOP TTM cost of goods sold is now at all-time high.

Performance

SHOP TTM cost of goods sold Chart

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Cost of goods sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

SHOP Cost of goods sold Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterlyTTMTTM
1 y1 year+24.3%+38.4%+33.9%
3 y3 years+106.9%+116.5%+111.3%
5 y5 years+518.6%+308.1%+425.8%

SHOP Cost of goods sold Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs lowTTM vs highTTM vs highTTM vs lowTTM vs low
3 y3-yearat high+106.9%-5.3%+116.5%at high+111.3%
5 y5-yearat high+518.6%-5.3%+308.1%at high+425.8%
alltimeall timeat high>+9999.0%-5.3%>+9999.0%at high>+9999.0%

SHOP Cost of goods sold History

DateAnnualQuarterlyTTM
Jun 2025
-
$1.38B(+15.6%)
$5.09B(+8.2%)
Mar 2025
-
$1.20B(-18.1%)
$4.70B(+6.6%)
Dec 2024
$4.41B(+24.3%)
$1.46B(+39.9%)
$4.41B(+9.4%)
Sep 2024
-
$1.04B(+4.4%)
$4.03B(+6.1%)
Jun 2024
-
$1.00B(+10.6%)
$3.80B(+4.7%)
Mar 2024
-
$904.00M(-16.5%)
$3.63B(+3.2%)
Dec 2023
$3.54B(+24.6%)
$1.08B(+33.1%)
$3.52B(+4.3%)
Sep 2023
-
$813.00M(-2.2%)
$3.37B(+3.4%)
Jun 2023
-
$831.00M(+5.1%)
$3.26B(+6.2%)
Mar 2023
-
$791.00M(-15.5%)
$3.07B(+7.9%)
Dec 2022
$2.85B(+33.6%)
$936.03M(+33.0%)
$2.84B(+9.6%)
Sep 2022
-
$703.72M(+10.1%)
$2.60B(+7.8%)
Jun 2022
-
$639.24M(+13.0%)
$2.41B(+6.2%)
Mar 2022
-
$565.89M(-17.7%)
$2.27B(+6.4%)
Dec 2021
$2.13B(+53.5%)
$687.29M(+33.4%)
$2.13B(+11.1%)
Sep 2021
-
$515.05M(+3.2%)
$1.92B(+8.7%)
Jun 2021
-
$499.04M(+16.0%)
$1.77B(+10.0%)
Mar 2021
-
$430.33M(-9.1%)
$1.61B(+15.7%)
Dec 2020
$1.39B(+94.8%)
$473.49M(+30.7%)
$1.39B(+20.1%)
Sep 2020
-
$362.23M(+6.8%)
$1.16B(+19.5%)
Jun 2020
-
$339.11M(+59.2%)
$967.25M(+23.2%)
Mar 2020
-
$212.99M(-11.7%)
$785.23M(+10.2%)
Dec 2019
$712.53M(+49.4%)
$241.32M(+38.8%)
$712.25M(+13.2%)
Sep 2019
-
$173.83M(+10.7%)
$629.05M(+9.3%)
Jun 2019
-
$157.10M(+12.2%)
$575.56M(+9.3%)
Mar 2019
-
$140.01M(-11.5%)
$526.47M(+10.4%)
DateAnnualQuarterlyTTM
Dec 2018
$476.96M(+62.8%)
$158.12M(+31.4%)
$476.96M(+13.4%)
Sep 2018
-
$120.34M(+11.4%)
$420.51M(+13.2%)
Jun 2018
-
$108.01M(+19.3%)
$371.60M(+13.2%)
Mar 2018
-
$90.50M(-11.0%)
$328.41M(+12.1%)
Dec 2017
$293.05M(+63.0%)
$101.67M(+42.3%)
$293.05M(+15.5%)
Sep 2017
-
$71.43M(+10.2%)
$253.63M(+10.6%)
Jun 2017
-
$64.81M(+17.6%)
$229.32M(+11.9%)
Mar 2017
-
$55.14M(-11.4%)
$204.99M(+11.8%)
Dec 2016
$179.84M(+95.5%)
$62.25M(+32.1%)
$183.30M(+17.7%)
Sep 2016
-
$47.12M(+16.4%)
$155.72M(+17.4%)
Jun 2016
-
$40.48M(+21.0%)
$132.64M(+18.6%)
Mar 2016
-
$33.45M(-3.5%)
$111.83M(+18.8%)
Dec 2015
$91.98M(+112.8%)
$34.66M(+44.2%)
$94.16M(+25.4%)
Sep 2015
-
$24.04M(+22.2%)
$75.07M(+20.8%)
Jun 2015
-
$19.67M(+24.7%)
$62.13M(+19.9%)
Mar 2015
-
$15.78M(+1.4%)
$51.82M(+19.9%)
Dec 2014
$43.22M(+219.9%)
$15.57M(+40.2%)
$43.22M(+26.6%)
Sep 2014
-
$11.11M(+18.6%)
$34.14M(+30.1%)
Jun 2014
-
$9.37M(+30.4%)
$26.25M(+38.8%)
Mar 2014
-
$7.18M(+10.7%)
$18.90M(+39.9%)
Dec 2013
$13.51M(+182.9%)
-
-
Dec 2013
-
$6.49M(+101.9%)
$13.51M(+92.3%)
Sep 2013
-
$3.21M(+58.8%)
$7.03M(+84.2%)
Jun 2013
-
$2.02M(+13.0%)
$3.81M(+113.0%)
Mar 2013
-
$1.79M
$1.79M
Dec 2012
$4.78M
-
-

FAQ

  • What is Shopify Inc. annual cost of goods sold?
  • What is the all time high annual cost of goods sold for Shopify Inc.?
  • What is Shopify Inc. annual cost of goods sold year-on-year change?
  • What is Shopify Inc. quarterly cost of goods sold?
  • What is the all time high quarterly cost of goods sold for Shopify Inc.?
  • What is Shopify Inc. quarterly cost of goods sold year-on-year change?
  • What is Shopify Inc. TTM cost of goods sold?
  • What is the all time high TTM cost of goods sold for Shopify Inc.?
  • What is Shopify Inc. TTM cost of goods sold year-on-year change?

What is Shopify Inc. annual cost of goods sold?

The current annual cost of goods sold of SHOP is $4.41B

What is the all time high annual cost of goods sold for Shopify Inc.?

Shopify Inc. all-time high annual cost of goods sold is $4.41B

What is Shopify Inc. annual cost of goods sold year-on-year change?

Over the past year, SHOP annual cost of goods sold has changed by +$863.00M (+24.34%)

What is Shopify Inc. quarterly cost of goods sold?

The current quarterly cost of goods sold of SHOP is $1.38B

What is the all time high quarterly cost of goods sold for Shopify Inc.?

Shopify Inc. all-time high quarterly cost of goods sold is $1.46B

What is Shopify Inc. quarterly cost of goods sold year-on-year change?

Over the past year, SHOP quarterly cost of goods sold has changed by +$384.00M (+38.40%)

What is Shopify Inc. TTM cost of goods sold?

The current TTM cost of goods sold of SHOP is $5.09B

What is the all time high TTM cost of goods sold for Shopify Inc.?

Shopify Inc. all-time high TTM cost of goods sold is $5.09B

What is Shopify Inc. TTM cost of goods sold year-on-year change?

Over the past year, SHOP TTM cost of goods sold has changed by +$1.29B (+33.88%)
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