Shopify Inc

NYSE SHOP

Download Data

Shopify Inc Research and Development (R&D) Expense Ratio 5 year CAGR for the quarter ending March 31, 2024: -5.45%

Shopify Inc Research and Development (R&D) Expense Ratio 5 year CAGR is -5.45% for the quarter ending March 31, 2024, a -185.06% change year over year. The RD expense ratio measures the proportion of a company's research and development (R&D) expenses to its revenue. It is calculated by dividing the R&D expenses by the revenue. This ratio indicates the level of investment in R&D relative to the company's revenue generation. A higher ratio suggests a greater allocation of resources towards research and development activities, indicating a focus on innovation and potential future growth. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Shopify Inc Research and Development (R&D) Expense Ratio for the quarter ending March 31, 2023 was 30.37%, a 20.38% change year over year.
  • Shopify Inc Research and Development (R&D) Expense Ratio for the quarter ending March 31, 2022 was 25.23%, a 41.81% change year over year.
  • Shopify Inc Research and Development (R&D) Expense Ratio for the quarter ending March 31, 2021 was 17.79%, a -28.16% change year over year.
  • Shopify Inc Research and Development (R&D) Expense Ratio for the quarter ending March 31, 2020 was 24.77%, a 3.95% change year over year.
NYSE: SHOP

Shopify Inc

CEO Mr. Tobias Lütke
IPO Date May 21, 2015
Location Canada
Headquarters 151 O'Connor Street, Ottawa, ON, Canada, K2P 2L8
Employees 8,300
Sector Technology
Industry Software - application
Description

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

Similar companies

CRM

Salesforce.com Inc

NA

NA

INTU

Intuit Inc

NA

NA

StockViz Staff

September 20, 2024

Any question? Send us an email