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  "docSlug": "7dded82eb0ff7b586b379c4e12f3c870",
  "documentTitle": "Shopify | Investor Presentation Deck | 37 slides",
  "authorId": "shopify",
  "authorName": "Shopify",
  "documentKindSlug": "pitchdeck",
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  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-05-01 00:00:00",
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  "pageNumber": 28,
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  "density": "dense",
  "nDataPoints": 28,
  "notes": "The chart uses a non-GAAP measure for operating leverage. The trend lines indicate the total percentage of revenue represented by the sum of the displayed expense categories.",
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      "kind": "chart",
      "text": "Stacked bar chart showing expense breakdown 2017-2021 and Q1 2021-Q1 2022",
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      "kind": "disclaimer",
      "text": "Chart depicts operating leverage, which is measured using Adjusted Operating Expenses as a percentage of revenue. Excludes the effect of stock-based compensation expenses and related payroll taxes, amortization of acquired intangibles, and impairment of right-of-use assets and leasehold improvements. Adjusted Operating Expenses is a non-GAAP measure, see Appendix for reconciliation. Numbers may not foot due to rounding.",
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      "text": "Transaction & loan losses, Adjusted general & administrative, Adjusted research & development, Adjusted sales & marketing",
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      "kind": "title",
      "text": "Strong revenue growth backed by strategic allocation of capital",
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      "kind": "title",
      "text": "Accelerated investments in Q1 for future growth",
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