Shopify () R&D US GAAP (year values)

FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? CAGR 5 years ?
R&D, bln rub 854.4 1 503 1 730 1 367 1 536   1 596  
Changes by years, y/y, % +55% +76% +15% -21% +12%     +22.7%

Shopify. R&D, bln rub

Shopify. R&D, changes, %

Shopify. R&D, sum by quarters, bln rub

Shopify () R&D US GAAP (quarter values)

FY2025Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2026Q1   LTM ?
R&D, bln rub 377.0 394.0 375.0 390.0 437.0   1 596
Changes by years, y/y, % +13% +13% +13% +11% +16%    
Changes by quarters, q/q, % +7% +5% -5% +4% +12%    

Shopify. R&D, bln rub

Shopify. R&D, changes, y/y, %

Shopify. R&D, changes, q/q, %