Shopify spent about 1.5 billion U.S. dollars on research and development in the fiscal year 2022. Shopify's annual expenditure on research and development increased rapidly over the measured period, increasing by more than 800 million since 2015.
Shopify's research and development (R&D) spending worldwide from 2015 to 2022 (in million U.S. dollars)
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Shopify. (February 16, 2023). Shopify's research and development (R&D) spending worldwide from 2015 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 06, 2023, from https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
Shopify. "Shopify's research and development (R&D) spending worldwide from 2015 to 2022 (in million U.S. dollars)." Chart. February 16, 2023. Statista. Accessed December 06, 2023. https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
Shopify. (2023). Shopify's research and development (R&D) spending worldwide from 2015 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 06, 2023. https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
Shopify. "Shopify's Research and Development (R&d) Spending Worldwide from 2015 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 16 Feb 2023, https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
Shopify, Shopify's research and development (R&D) spending worldwide from 2015 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/ (last visited December 06, 2023)
Shopify's research and development (R&D) spending worldwide from 2015 to 2022 (in million U.S. dollars) [Graph], Shopify, February 16, 2023. [Online]. Available: https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/