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TelegramQuarterly report 2025-Q3
added 04-18-2026
Shopify Cost of Revenue 2011-2026 | SHOP
Cost of Revenue is a financial metric that reflects all direct costs associated with the production of goods or the provision of services that directly led to revenue during the reporting period. It is the total amount of expenses incurred by the company to deliver its products or services, including both production costs and related expenses necessary for delivery or customer support.What is included in the cost of revenue
| Cost Category | Examples |
|---|---|
| Production Costs | Materials, wages of production staff, depreciation of equipment |
| Service and Support | Customer service, user support, technical assistance |
| Delivery and Logistics | Packaging, delivery of goods to customers |
| Hosting and Infrastructure | Servers, cloud platforms (especially for IT and SaaS companies) |
| Content and Licenses | License purchases, production royalties (e.g., in streaming services) |
Importance of the Metric
- Helps to understand how costly the revenue-generating process is.
- A high cost of revenue may indicate:
Poor cost control
Low operational efficiency - A low cost of revenue combined with high revenue indicates high profitability and business competitiveness.
Annual Cost of Revenue Shopify
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 B | 4.41 B | 3.54 B | 2.85 B | 2.13 B | 1.39 B | 713 M | 477 M | 293 M | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 6 B | 293 M | 2.42 B |
Quarterly Cost of Revenue Shopify
| 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.45 B | 1.38 B | 1.19 B | 1.04 B | 1 B | 904 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 1.45 B | 904 M | 1.16 B |
Cost of Revenue of other stocks in the Software industry
| Issuer | Cost of Revenue | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
 |
Mogo
MOGO
|
11.5 M | - | - | $ 111 M |  Canada |
 |
Creative Realities
CREX
|
31.5 M | $ 3.85 | 0.39 % | $ 40.4 M |  USA |
 |
Powerbridge Technologies Co., Ltd.
PBTS
|
6.99 M | - | 2.4 % | $ 115 M |  China |
 |
ANSYS
ANSS
|
280 M | - | - | $ 32.7 B | USA |
 |
Adobe
ADBE
|
2.55 B | $ 240.91 | -1.85 % | $ 103 B | USA |
 |
Sapiens International Corporation N.V.
SPNS
|
304 M | - | - | $ 2.43 B |  Curacao |
 |
Alteryx
AYX
|
131 M | - | - | $ 3.42 B | USA |
 |
Avalara
AVLR
|
206 M | - | - | $ 8.28 B | USA |
 |
Avaya Holdings Corp.
AVYA
|
1.32 B | - | - | $ 3.47 M | USA |
 |
Brightcove
BCOV
|
77.4 M | - | - | $ 192 K | USA |
 |
Aspen Technology
AZPN
|
383 M | - | - | $ 16.8 B | USA |
 |
Borqs Technologies
BRQS
|
21.9 M | - | -23.51 % | $ 9.87 M | China |
 |
CDK Global
CDK
|
875 M | - | 0.06 % | $ 6.34 B | USA |
 |
Calix
CALX
|
432 M | $ 42.84 | -1.29 % | $ 2.83 B | USA |
 |
Diebold Nixdorf, Incorporated
DBD
|
2.84 B | $ 83.6 | -2.52 % | $ 3.08 B | USA |
 |
Materialise NV
MTLS
|
87.3 M | $ 5.27 | 1.15 % | $ 392 K |  Belgium |
 |
BlackBerry Limited
BB
|
131 M | $ 5.17 | 1.67 % | $ 3.06 B | Canada |
 |
Altair Engineering
ALTR
|
125 M | - | - | $ 9.4 B | USA |
 |
Agora
API
|
64 M | $ 3.5 | -2.78 % | $ 1.29 B | China |
 |
American Software
AMSWA
|
36.1 M | - | -2.14 % | $ 369 M | USA |
 |
AppFolio
APPF
|
345 M | $ 169.11 | -0.11 % | $ 6.09 B | USA |
 |
EVERTEC
EVTC
|
2.93 M | $ 30.02 | 1.69 % | $ 1.91 B |  Puerto-rico |
 |
Coupa Software Incorporated
COUP
|
222 M | - | - | $ 6.12 B | USA |
 |
Dropbox
DBX
|
501 M | $ 24.2 | 0.73 % | $ 6.49 B | USA |
 |
Digital Turbine
APPS
|
235 M | $ 3.55 | 2.46 % | $ 368 M | USA |
 |
Citrix Systems
CTXS
|
625 M | - | - | $ 13.2 B | USA |
 |
Globant S.A.
GLOB
|
802 M | $ 42.79 | -0.09 % | $ 7.32 B |  Luxembourg |
 |
CYREN Ltd.
CYRN
|
15.3 M | - | -18.15 % | $ 1.77 M | USA |
 |
Domo
DOMO
|
75.5 M | $ 3.72 | -4.5 % | $ 134 M | USA |
 |
Datadog
DDOG
|
687 M | $ 131.61 | 1.65 % | $ 45.7 B | USA |
 |
CyberArk Software Ltd.
CYBR
|
208 M | - | - | $ 18.1 B |  Israel |
 |
Viant Technology
DSP
|
187 M | $ 10.62 | 0.57 % | $ 174 M | USA |
 |
ChannelAdvisor Corporation
ECOM
|
38.2 M | - | 0.02 % | $ 668 M | USA |
 |
Ebix
EBIX
|
722 M | - | -30.99 % | $ 36.3 M | USA |
 |
Envestnet
ENV
|
473 M | - | - | $ 3.44 B | USA |
 |
E2open Parent Holdings
ETWO
|
308 M | - | - | $ 1.02 B | USA |
 |
Everbridge
EVBG
|
131 M | - | - | $ 1.42 B | USA |
 |
EVO Payments
EVOP
|
89.4 M | - | - | $ 1.77 B | USA |
 |
Fastly
FSLY
|
268 M | - | - | $ 1.27 B | USA |
 |
Evolving Systems
EVOL
|
8.84 M | - | -8.47 % | $ 13.9 M | USA |
|
Absolute Software Corporation
ABST
|
36.8 M | - | - | $ 811 M | Canada |
 |
9F
JFU
|
59.1 M | $ 2.98 | 3.22 % | $ 702 M | China |