Shopify Inc. (SHOP)
NYSE: SHOP · Real-Time Price · USD
108.92
+18.93 (21.04%)
At close: Nov 12, 2024, 4:00 PM
106.51
-2.41 (-2.21%)
After-hours: Nov 12, 2024, 7:59 PM EST
Shopify Income Statement
Financials in millions USD. Fiscal year is January - December.
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 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Revenue | 8,212 | 7,060 | 5,600 | 4,612 | 2,929 | 1,578 | Upgrade
|
| Revenue Growth (YoY) | 23.47% | 26.07% | 21.43% | 57.43% | 85.63% | 47.05% | Upgrade
|
| Cost of Revenue | 4,030 | 3,545 | 2,846 | 2,131 | 1,388 | 712.53 | Upgrade
|
| Gross Profit | 4,182 | 3,515 | 2,754 | 2,481 | 1,542 | 865.64 | Upgrade
|
| Selling, General & Admin | 1,671 | 1,622 | 1,731 | 1,217 | 803.52 | 626.61 | Upgrade
|
| Research & Development | 1,209 | 1,612 | 1,485 | 818.79 | 518 | 355.02 | Upgrade
|
| Other Operating Expenses | 21 | 21 | 14 | 65.32 | 46.38 | - | Upgrade
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| Operating Expenses | 2,901 | 3,255 | 3,230 | 2,101 | 1,368 | 981.62 | Upgrade
|
| Operating Income | 1,281 | 260 | -476 | 380.51 | 173.63 | -115.98 | Upgrade
|
| Interest Expense | - | - | - | -3.49 | -9.09 | - | Upgrade
|
| Interest & Investment Income | 304 | 241 | 75 | 15.36 | 23.43 | - | Upgrade
|
| Earnings From Equity Investments | -164 | -58 | - | - | - | - | Upgrade
|
| Currency Exchange Gain (Loss) | 19 | 1 | -2 | 0.29 | 0.67 | - | Upgrade
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| Other Non Operating Income (Expenses) | -196 | -152 | -135 | -81.72 | -51.85 | 20.16 | Upgrade
|
| EBT Excluding Unusual Items | 1,244 | 292 | -538 | 310.94 | 136.79 | -95.82 | Upgrade
|
| Merger & Restructuring Charges | -148 | -148 | -30 | - | - | - | Upgrade
|
| Gain (Loss) on Sale of Investments | 431 | 1,419 | -2,874 | 2,860 | 135.19 | - | Upgrade
|
| Gain (Loss) on Sale of Assets | - | -1,340 | - | - | - | - | Upgrade
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| Asset Writedown | -38 | -38 | -84 | -30.15 | -31.62 | - | Upgrade
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| Legal Settlements | - | - | -97 | - | - | - | Upgrade
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| Pretax Income | 1,489 | 185 | -3,623 | 3,141 | 240.36 | -95.82 | Upgrade
|
| Income Tax Expense | 106 | 53 | -163 | 225.93 | -79.15 | 29.03 | Upgrade
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| Net Income | 1,383 | 132 | -3,460 | 2,915 | 319.51 | -124.84 | Upgrade
|
| Net Income to Common | 1,383 | 132 | -3,460 | 2,915 | 319.51 | -124.84 | Upgrade
|
| Net Income Growth | - | - | - | 812.23% | - | - | Upgrade
|
| Shares Outstanding (Basic) | 1,288 | 1,282 | 1,266 | 1,247 | 1,196 | 1,130 | Upgrade
|
| Shares Outstanding (Diluted) | 1,311 | 1,296 | 1,266 | 1,274 | 1,235 | 1,130 | Upgrade
|
| Shares Change (YoY) | 2.51% | 2.31% | -0.58% | 3.16% | 9.23% | 6.96% | Upgrade
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| EPS (Basic) | 1.07 | 0.10 | -2.73 | 2.34 | 0.27 | -0.11 | Upgrade
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| EPS (Diluted) | 1.06 | 0.10 | -2.73 | 2.29 | 0.26 | -0.11 | Upgrade
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| EPS Growth | - | - | - | 784.34% | - | - | Upgrade
|
| Free Cash Flow | 1,432 | 905 | -186 | 484.92 | 383.23 | 13.86 | Upgrade
|
| Free Cash Flow Per Share | 1.09 | 0.70 | -0.15 | 0.38 | 0.31 | 0.01 | Upgrade
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| Gross Margin | 50.93% | 49.79% | 49.18% | 53.80% | 52.62% | 54.85% | Upgrade
|
| Operating Margin | 15.60% | 3.68% | -8.50% | 8.25% | 5.93% | -7.35% | Upgrade
|
| Profit Margin | 16.84% | 1.87% | -61.79% | 63.20% | 10.91% | -7.91% | Upgrade
|
| Free Cash Flow Margin | 17.44% | 12.82% | -3.32% | 10.51% | 13.08% | 0.88% | Upgrade
|
| EBITDA | 1,319 | 330 | -383 | 446.81 | 234.66 | -87.79 | Upgrade
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| EBITDA Margin | 16.06% | 4.67% | -6.84% | 9.69% | 8.01% | -5.56% | Upgrade
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| D&A For EBITDA | 38 | 70 | 93 | 66.31 | 61.03 | 28.19 | Upgrade
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| EBIT | 1,281 | 260 | -476 | 380.51 | 173.63 | -115.98 | Upgrade
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| EBIT Margin | 15.60% | 3.68% | -8.50% | 8.25% | 5.93% | -7.35% | Upgrade
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| Effective Tax Rate | 7.12% | 28.65% | - | 7.19% | - | - | Upgrade
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| Revenue as Reported | 8,212 | 7,060 | 5,600 | 4,612 | 2,929 | 1,578 | Upgrade
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| Advertising Expenses | - | 497 | 505 | 420.09 | 240.56 | - | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.