Shopify Inc. (SHOP) Retained Earnings
The retained earnings for Shopify Inc. (SHOP) is $2.86 Billion with a year-over-year change of +75.57%. Retained earnings represent the cumulative net income that has been kept by the company rather than distributed to shareholders as dividends. It's a key component of shareholders' equity.
SHOP Retained Earnings Chart
Current Retained Earnings
$2.86B
$2.86 Billion
Year-over-Year Change
+75.57%
vs. $1.63B prior year
Historical Data
13
Years of data available
Annual Retained Earnings History
| Year | Retained Earnings | YoY Change | % Change |
|---|---|---|---|
| 2025 | $2.86B | +$1.23B | +75.57% |
| 2024 | $1.63B | +$2.02B | +517.69% |
| 2023 | $-390.00M | +$132.00M | +25.29% |
| 2022 | $-522.00M | $-3.46B | -117.77% |
| 2021 | $2.94B | +$2.92B | +19122.39% |
| 2020 | $15.29M | +$319.51M | +105.02% |
| 2019 | $-304.22M | $-116.47M | -62.03% |
| 2018 | $-187.76M | $-64.55M | -52.40% |
| 2017 | $-123.20M | $-39.99M | -48.07% |
| 2016 | $-83.21M | $-35.35M | -73.88% |
| 2015 | $-47.85M | $-18.79M | -64.65% |
| 2014 | $-29.06M | $-22.31M | -330.39% |
| 2013 | $-6.75M | — | — |
Related Metrics
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.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Tobias Lutke