Shopify Inc. (SHOP)
NYSE: SHOP · Real-Time Price · USD
106.49
+2.55 (2.45%)
Nov 21, 2024, 10:43 AM EST - Market open

Shopify Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTM FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 2018 - 2014
Period Ending
Sep '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 2018 - 2014
Revenue
8,2127,0605,6004,6122,9291,578
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Revenue Growth (YoY)
23.47%26.07%21.43%57.43%85.63%47.05%
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Cost of Revenue
4,0303,5452,8462,1311,388712.53
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Gross Profit
4,1823,5152,7542,4811,542865.64
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Selling, General & Admin
1,7351,6221,7311,217803.52626.61
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Research & Development
1,2291,6121,485818.79518355.02
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Other Operating Expenses
5211465.3246.38-
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Operating Expenses
2,9693,2553,2302,1011,368981.62
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Operating Income
1,213260-476380.51173.63-115.98
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Interest Expense
----3.49-9.09-
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Interest & Investment Income
3042417515.3623.43-
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Earnings From Equity Investments
-164-58----
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Currency Exchange Gain (Loss)
191-20.290.67-
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Other Non Operating Income (Expenses)
-196-152-135-81.72-51.8520.16
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EBT Excluding Unusual Items
1,176292-538310.94136.79-95.82
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Merger & Restructuring Charges
-118-148-30---
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Gain (Loss) on Sale of Investments
4311,419-2,8742,860135.19-
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Gain (Loss) on Sale of Assets
--1,340----
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Asset Writedown
--38-84-30.15-31.62-
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Legal Settlements
---97---
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Pretax Income
1,489185-3,6233,141240.36-95.82
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Income Tax Expense
10653-163225.93-79.1529.03
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Net Income
1,383132-3,4602,915319.51-124.84
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Net Income to Common
1,383132-3,4602,915319.51-124.84
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Net Income Growth
---812.23%--
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Shares Outstanding (Basic)
1,2881,2821,2661,2471,1961,130
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Shares Outstanding (Diluted)
1,3111,2961,2661,2741,2351,130
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Shares Change (YoY)
2.51%2.31%-0.58%3.16%9.23%6.96%
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EPS (Basic)
1.070.10-2.732.340.27-0.11
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EPS (Diluted)
1.060.10-2.732.290.26-0.11
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EPS Growth
---784.34%--
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Free Cash Flow
1,432905-186484.92383.2313.86
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Free Cash Flow Per Share
1.090.70-0.150.380.310.01
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Gross Margin
50.93%49.79%49.18%53.80%52.62%54.85%
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Operating Margin
14.77%3.68%-8.50%8.25%5.93%-7.35%
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Profit Margin
16.84%1.87%-61.79%63.20%10.91%-7.91%
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Free Cash Flow Margin
17.44%12.82%-3.32%10.51%13.08%0.88%
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EBITDA
1,251330-383446.81234.66-87.79
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EBITDA Margin
15.23%4.67%-6.84%9.69%8.01%-5.56%
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D&A For EBITDA
38709366.3161.0328.19
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EBIT
1,213260-476380.51173.63-115.98
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EBIT Margin
14.77%3.68%-8.50%8.25%5.93%-7.35%
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Effective Tax Rate
7.12%28.65%-7.19%--
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Revenue as Reported
8,2127,0605,6004,6122,9291,578
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Advertising Expenses
-497505420.09240.56-
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Source: S&P Capital IQ. Standard template. Financial Sources.