What is Shopify's stock option plan expense?

Shopify (SHOP) reported stock option plan expense of $132.00M in Q1 2026.

How has Shopify's stock option plan expense changed year-over-year?

Shopify's stock option plan expense increased by 15.8% year-over-year, from $114.00M to $132.00M.

What is the long-term trend for Shopify's stock option plan expense?

Over 3 years (2022 to 2025), Shopify's stock option plan expense has grown at a -6.5% compound annual growth rate (CAGR), from $549.00M to $449.00M.

Operating Expenses

Stock Option Plan Expense

Shopify Stock Option Plan Expense increased by 14.8% to $132.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.8%, from $114.00M to $132.00M. Over 3 years (FY 2022 to FY 2025), Stock Option Plan Expense shows a downward trend with a -6.5% CAGR.

Analysis

StatementIncome Statement

SectionOperating Expenses

First reportedQ1 2022

Last reportedQ1 2026May 5, 2026

Metric ID: unp_stock_option_plan_expense

Historical Data

17 periods

	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$137.25M	$137.25M	$137.25M	$137.25M	$153.75M	$153.75M	$153.75M	$153.75M	$105.00M	$106.00M	$110.00M	$109.00M	$114.00M	$113.00M	$107.00M	$115.00M	$132.00M
QoQ Change	—	+0.0%	+0.0%	+0.0%	+12.0%	+0.0%	+0.0%	+0.0%	-31.7%	+1.0%	+3.8%	-0.9%	+4.6%	-0.9%	-5.3%	+7.5%	+14.8%
YoY Change	—	—	—	—	+12.0%	+12.0%	+12.0%	+12.0%	-31.7%	-31.1%	-28.5%	-29.1%	+8.6%	+6.6%	-2.7%	+5.5%	+15.8%

Range$105.00M – $153.75M

CAGR-1.0%

Avg YoY Growth-3.0%

Median YoY Growth+6.6%

Current Streak2 quarters growth

Frequently Asked Questions

What is Shopify's stock option plan expense?: Shopify (SHOP) reported stock option plan expense of $132.00M in Q1 2026.
How has Shopify's stock option plan expense changed year-over-year?: Shopify's stock option plan expense increased by 15.8% year-over-year, from $114.00M to $132.00M.
What is the long-term trend for Shopify's stock option plan expense?: Over 3 years (2022 to 2025), Shopify's stock option plan expense has grown at a -6.5% compound annual growth rate (CAGR), from $549.00M to $449.00M.