Shopify Cost of Goods Sold 2013-2025 | SHOP

Shopify annual/quarterly cost of goods sold history and growth rate from 2013 to 2025. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.

Shopify cost of goods sold for the quarter ending June 30, 2025 was $1.378B, a 37.8% increase year-over-year.
Shopify cost of goods sold for the twelve months ending June 30, 2025 was $5.073B, a 33.54% increase year-over-year.
Shopify annual cost of goods sold for 2024 was $4.408B, a 24.34% increase from 2023.
Shopify annual cost of goods sold for 2023 was $3.545B, a 24.56% increase from 2022.
Shopify annual cost of goods sold for 2022 was $2.846B, a 33.57% increase from 2021.

Shopify Annual Cost of Goods Sold (Millions of US $)
2024	$4,408
2023	$3,545
2022	$2,846
2021	$2,131
2020	$1,388
2019	$713
2018	$477
2017	$293
2016	$180
2015	$92
2014	$43
2013	$14
2012	$5

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Shopify Quarterly Cost of Goods Sold (Millions of US $)
2025-06-30	$1,378
2025-03-31	$1,191
2024-12-31	$1,460
2024-09-30	$1,044
2024-06-30	$1,000
2024-03-31	$904
2023-12-31	$1,082
2023-09-30	$813
2023-06-30	$859
2023-03-31	$791
2022-12-31	$937
2022-09-30	$704
2022-06-30	$639
2022-03-31	$566
2021-12-31	$687
2021-09-30	$515
2021-06-30	$499
2021-03-31	$430
2020-12-31	$473
2020-09-30	$362
2020-06-30	$339
2020-03-31	$213
2019-12-31	$241
2019-09-30	$174
2019-06-30	$157
2019-03-31	$140
2018-12-31	$158
2018-09-30	$120
2018-06-30	$108
2018-03-31	$90
2017-12-31	$102
2017-09-30	$71
2017-06-30	$65
2017-03-31	$55
2016-12-31	$62
2016-09-30	$46
2016-06-30	$39
2016-03-31	$33
2015-12-31	$32
2015-09-30	$24
2015-06-30	$20
2015-03-31	$16
2014-12-31	$16
2014-09-30	$11
2014-06-30	$9
2014-03-31	$7
2013-12-31