Shopify G&A decreased by 8.0% to $115.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.5%, from $109.00M to $115.00M. Over 3 years (FY 2022 to FY 2025), G&A shows a downward trend with a -12.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Rising G&A as a percentage of revenue may indicate organizational bloat, while stability suggests effective cost management.
Detailed definition
General and administrative expenses cover the overhead costs of running the business, including executive salaries, lega...
Peer comparison
Standard operating expense category; used to assess administrative leverage.
Metric ID:
general_and_administrativeHistorical 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 | $177.00M | $177.00M | $177.00M | $177.00M | $122.75M | $122.75M | $122.75M | $122.75M | $124.00M | $60.00M | $114.00M | $112.00M | $109.00M | $122.00M | $115.00M | $125.00M | $115.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -30.6% | +0.0% | +0.0% | +0.0% | +1.0% | -51.6% | +90.0% | -1.8% | -2.7% | +11.9% | -5.7% | +8.7% | -8.0% |
| YoY Change | — | — | — | — | -30.6% | -30.6% | -30.6% | -30.6% | +1.0% | -51.1% | -7.1% | -8.8% | -12.1% | +103.3% | +0.9% | +11.6% | +5.5% |
Range$60.00M – $177.00M
CAGR-10.2%
Avg YoY Growth-6.1%
Median YoY Growth-8.8%
G&A at Other Companies
Frequently Asked Questions
- What is Shopify's g&a?
- Shopify (SHOP) reported g&a of $115.00M in Q1 2026.
- How has Shopify's g&a changed year-over-year?
- Shopify's g&a increased by 5.5% year-over-year, from $109.00M to $115.00M.
- What is the long-term trend for Shopify's g&a?
- Over 3 years (2022 to 2025), Shopify's g&a has grown at a -12.7% compound annual growth rate (CAGR), from $708.00M to $471.00M.
- What does g&a mean?
- The overhead costs required to manage and support the company's operations.