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Shopify Research & Development

: $552 Mil (TTM As of Dec. 2020)
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This is the expense the company spent on research and development. Shopify's research and development for the three months ended in Dec. 2020 was $159 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2020 was $552 Mil.


Shopify Research & Development Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Shopify Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Research & Development Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.34 136.00 230.67 355.02 552.13

Shopify Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Research & Development Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.75 116.40 133.23 143.43 159.08

Shopify Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2020 was 116.396 (Mar. 2020 ) + 133.227 (Jun. 2020 ) + 143.427 (Sep. 2020 ) + 159.077 (Dec. 2020 ) = $552 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Shopify  (NYSE:SHOP) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Shopify Research & Development Related Terms


Shopify Research & Development Headlines

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