Discontinued — last reported Q3 '17

Operating Expenses

Stock Option Expense

Shopify Stock Option Expense 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), Stock Option Expense shows a downward trend with a -6.5% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2015
Last reportedQ3 2017

How to read this metric

An increase reflects higher equity-based compensation, which may dilute shareholders but aligns employee incentives with long-term performance.

Detailed definition

The compensation expense recognized in the income statement related to stock-based awards granted to employees and direc...

Peer comparison

Standardized as 'Stock-based compensation' in GAAP financial statements for public technology companies.

Metric ID: is_tmo_stock_option_expense

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '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%
Range$105.00M$153.75M
CAGR-4.6%
Avg YoY Growth-4.5%
Median YoY Growth+6.1%

Frequently Asked Questions

What is Shopify's stock option expense?
Shopify (SHOP) reported stock option expense of $115.00M in Q4 2025.
How has Shopify's stock option expense changed year-over-year?
Shopify's stock option expense increased by 5.5% year-over-year, from $109.00M to $115.00M.
What is the long-term trend for Shopify's stock option expense?
Over 3 years (2022 to 2025), Shopify's stock option expense has grown at a -6.5% compound annual growth rate (CAGR), from $549.00M to $449.00M.
What does stock option expense mean?
The cost of paying employees with company stock instead of cash.

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