Discontinued — last reported Q2 '13
Compensation and benefits
Shopify Compensation and benefits increased by 7.5% to $115.00M in Q4 2025 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), Compensation and benefits shows a downward trend with a -6.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase often reflects headcount growth or higher performance-based incentives, while a decrease may indicate efficiency initiatives or workforce reductions.
Detailed definition
Includes all salaries, wages, bonuses, stock-based compensation, and employee benefit costs for the workforce. This is t...
Peer comparison
Highly comparable across all sectors; usually found under 'Personnel' or 'Staffing' expenses.
is_compensation_and_benefitsHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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% |
| 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% |
Compensation and benefits at Other Companies
Frequently Asked Questions
- What is Shopify's compensation and benefits?
- Shopify (SHOP) reported compensation and benefits of $115.00M in Q4 2025.
- How has Shopify's compensation and benefits changed year-over-year?
- Shopify's compensation and benefits increased by 5.5% year-over-year, from $109.00M to $115.00M.
- What is the long-term trend for Shopify's compensation and benefits?
- Over 3 years (2022 to 2025), Shopify's compensation and benefits has grown at a -6.5% compound annual growth rate (CAGR), from $549.00M to $449.00M.
- What does compensation and benefits mean?
- The total cost of employee salaries, bonuses, and benefits.