Shopify (SHOP) Financials: History & Chart

Shopify Inc.(SHOP)

Software - Application · Ottawa, ON

$130.49-3.61 (-2.69%)

Delayed quote: Sep 9, 2026, 10:20 AM EDT

About Shopify Inc.

Shopify Inc. functions as a premier commerce technology company, providing an extensive platform and associated services to empower businesses worldwide. Its reach extends across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's robust platform equips merchants to effectively display, organize, market, and sell their merchandise through a multitude of sales avenues. These include digital storefronts accessible via web and mobile, traditional brick-and-mortar stores, temporary pop-up locations, integrated social media channels, proprietary mobile applications, embeddable "buy buttons," and established online marketplaces. Beyond sales, the platform streamlines crucial business operations such as product and inventory management, order and payment processing, fulfillment and shipping logistics, attracting new customers and fostering client relationships, product sourcing, analytical reporting, financial administration encompassing cash, payments, and transactions, and facilitating access to working capital. Additionally, Shopify offers supplementary services like the sale of custom website themes and applications, alongside domain name registration. Its merchant-focused solutions also cover payment acceptance, efficient shipping and order fulfillment, and aid in securing necessary operating funds. Founded in 2004 under the initial name Jaded Pixel Technologies Inc., the company officially rebranded to Shopify Inc. in November 2011. Its global headquarters are located in Ottawa, Canada.

Ottawa, ON

7,600 employees

www.shopify.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: Tobias Lutke

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	13.27B	3.58B	3.17B	3.67B	2.84B	2.68B	2.36B	2.81B	2.16B
Cost of Goods Sold	6.93B	1.88B	1.62B	1.98B	1.45B	1.38B	1.19B	1.46B	1.04B
Gross Profit	6.34B	1.71B	1.55B	1.69B	1.39B	1.30B	1.17B	1.35B	1.12B
Gross Profit Margin	47.8%	47.7%	48.8%	46.1%	48.9%	48.6%	49.5%	48.1%	51.7%
Total Operating Expenses	4.49B	1.22B	1.16B	1.06B	1.05B	1.01B	966.00M	887.00M	835.00M
Research & Development	1.65B	445.00M	437.00M	390.00M	375.00M	394.00M	377.00M	351.00M	332.00M
Selling, General & Administrative	2.33B	634.00M	611.00M	558.00M	525.00M	537.00M	514.00M	460.00M	445.00M
Operating Income (EBIT)	1.84B	488.00M	382.00M	631.00M	343.00M	291.00M	203.00M	465.00M	283.00M
Operating Margin	13.9%	13.6%	12.1%	17.2%	12.1%	10.9%	8.6%	16.5%	13.1%
Income Before Tax (EBT)	2.34B	1.77B	-634.00M	892.00M	308.00M	1.08B	-770.00M	1.42B	860.00M
Interest Income	301.00M	66.00M	75.00M	79.00M	81.00M	106.00M	65.00M	72.00M	77.00M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Income/Expense	497.00M	1.29B	-1.02B	261.00M	-35.00M	788.00M	-973.00M	956.00M	577.00M
Net Income	1.93B	1.50B	-581.00M	743.00M	264.00M	906.00M	-682.00M	1.29B	828.00M
Income Tax Expense	413.00M	273.00M	-53.00M	149.00M	44.00M	173.00M	-88.00M	128.00M	32.00M
Net Profit Margin	14.5%	41.9%	-18.3%	20.2%	9.3%	33.8%	-28.9%	46.0%	38.3%
EBITDA	1.87B	495.00M	389.00M	638.00M	351.00M	299.00M	211.00M	473.00M	291.00M
EBITDA Margin	14.1%	13.8%	12.3%	17.4%	12.3%	11.2%	8.9%	16.8%	13.5%
Depreciation & Amortization	29.00M	7.00M	7.00M	7.00M	8.00M	8.00M	8.00M	8.00M	8.00M
EPS Basic	1.49	1.16	-0.45	0.58	0.20	0.70	-0.53	1.00	0.64
EPS Diluted	1.49	1.16	-0.45	0.58	0.20	0.69	-0.53	1.00	0.64
Shares Outstanding	1.30B	1.30B	1.30B	1.30B	1.30B	1.30B	1.30B	1.29B	1.29B
Diluted Shares Outstanding	1.30B	1.30B	1.30B	1.30B	1.31B	1.31B	1.30B	1.29B	1.30B

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	11.56B	8.88B	7.06B	5.60B	4.61B	2.93B	1.58B	1.07B
Cost of Goods Sold	6.00B	4.41B	3.54B	2.85B	2.13B	1.39B	712.53M	476.96M
Gross Profit	5.55B	4.47B	3.52B	2.75B	2.48B	1.54B	865.64M	596.27M
Gross Profit Margin	48.1%	50.4%	49.8%	49.2%	53.8%	52.6%	54.9%	55.6%
Total Operating Expenses	4.09B	3.40B	4.93B	3.58B	2.21B	1.45B	1.01B	688.19M
Research & Development	1.54B	1.37B	1.73B	1.50B	854.38M	552.13M	355.01M	230.67M
Selling, General & Administrative	2.13B	1.80B	1.71B	1.94B	1.28B	847.39M	626.61M	457.51M
Operating Income (EBIT)	1.47B	1.07B	-1.42B	-822.00M	268.64M	90.15M	-141.15M	-91.92M
Operating Margin	12.7%	12.1%	-20.1%	-14.7%	5.8%	3.1%	-8.9%	-8.6%
Income Before Tax (EBT)	1.51B	2.23B	185.00M	-3.62B	3.14B	240.36M	-95.81M	-64.55M
Interest Income	331.00M	308.00M	241.00M	76.00M	15.36M	24.67M	48.18M	29.44M
Interest Expense	N/A	N/A	N/A	1.15M	3.46M	9.56M	N/A	N/A
Other Income/Expense	41.00M	1.15B	1.60B	-2.80B	2.87B	150.21M	45.33M	27.37M
Net Income	1.23B	2.02B	132.00M	-3.46B	2.91B	319.51M	-124.84M	-64.55M
Income Tax Expense	278.00M	209.00M	53.00M	-163.00M	225.93M	-79.14M	29.03M	0.00
Net Profit Margin	10.7%	22.7%	1.9%	-61.8%	63.2%	10.9%	-7.9%	-6.0%
EBITDA	1.50B	1.11B	-1.35B	-729.00M	334.95M	160.21M	-105.50M	-64.87M
EBITDA Margin	13.0%	12.5%	-19.1%	-13.0%	7.3%	5.5%	-6.7%	-6.0%
Depreciation & Amortization	31.00M	36.00M	70.00M	93.00M	66.31M	70.06M	35.65M	27.05M
EPS Basic	0.95	1.56	0.10	-2.73	2.32	0.27	-0.11	-0.06
EPS Diluted	0.94	1.55	0.10	-2.73	2.27	0.26	-0.11	-0.06
Shares Outstanding	1.30B	1.29B	1.28B	1.27B	1.25B	1.20B	1.13B	1.06B
Diluted Shares Outstanding	1.30B	1.30B	1.30B	1.27B	1.27B	1.23B	1.13B	1.06B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.