Shopify spent over 1.7 billion U.S. dollars on research and development in the fiscal year 2023. Shopify's annual expenditure on research and development increased rapidly over the measured period, increasing by more than one billion U.S. dollars since 2015.
Shopify's research and development (R&D) spending worldwide from 2015 to 2023
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Shopify. (February 13, 2024). Shopify's research and development (R&D) spending worldwide from 2015 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved October 12, 2024, 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 2023 (in million U.S. dollars)." Chart. February 13, 2024. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
Shopify. (2024). Shopify's research and development (R&D) spending worldwide from 2015 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
Shopify. "Shopify's Research and Development (R&d) Spending Worldwide from 2015 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
Shopify, Shopify's research and development (R&D) spending worldwide from 2015 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/ (last visited October 12, 2024)
Shopify's research and development (R&D) spending worldwide from 2015 to 2023 (in million U.S. dollars) [Graph], Shopify, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/