Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
94.00
-0.50 (-0.53%)
At close: May 8, 2025, 4:00 PM
93.65
-0.35 (-0.37%)
After-hours: May 8, 2025, 7:58 PM EDT

Shopify Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTM FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2015 - 2019
Period Ending
Mar '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2015 - 2019
Revenue
9,3798,8807,0605,6004,6122,929
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Revenue Growth (YoY)
26.52%25.78%26.07%21.43%57.43%85.63%
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Cost of Revenue
4,6954,4083,5452,8462,1311,388
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Gross Profit
4,6844,4723,5152,7542,4811,542
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Selling, General & Admin
1,8801,8511,6221,7311,217803.52
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Research & Development
1,3931,3511,6121,485818.79518
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Other Operating Expenses
2323211465.3246.38
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Operating Expenses
3,2963,2253,2553,2302,1011,368
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Operating Income
1,3881,247260-476380.51173.63
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Interest Expense
-----3.49-9.09
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Interest & Investment Income
2943082417515.3623.43
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Earnings From Equity Investments
-117-138-58---
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Currency Exchange Gain (Loss)
2-81-20.290.67
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Other Non Operating Income (Expenses)
-251-227-152-135-81.72-51.85
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EBT Excluding Unusual Items
1,3161,182292-538310.94136.79
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Merger & Restructuring Charges
---148-30--
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Gain (Loss) on Sale of Investments
3439911,419-2,8742,860135.19
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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
5555--97--
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Pretax Income
1,7142,228185-3,6233,141240.36
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Income Tax Expense
10420953-163225.93-79.15
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Net Income
1,6102,019132-3,4602,915319.51
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Net Income to Common
1,6102,019132-3,4602,915319.51
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Net Income Growth
-1429.55%--812.23%-
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Shares Outstanding (Basic)
1,2921,2901,2821,2661,2471,196
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Shares Outstanding (Diluted)
1,3041,3021,2961,2661,2741,235
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Shares Change (YoY)
1.50%0.46%2.31%-0.58%3.16%9.23%
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EPS (Basic)
1.251.570.10-2.732.340.27
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EPS (Diluted)
1.231.550.10-2.732.290.26
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EPS Growth
-1409.81%--784.34%-
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Free Cash Flow
1,7281,597905-186484.92383.23
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Free Cash Flow Per Share
1.331.230.70-0.150.380.31
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Gross Margin
49.94%50.36%49.79%49.18%53.80%52.62%
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Operating Margin
14.80%14.04%3.68%-8.50%8.25%5.93%
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Profit Margin
17.17%22.74%1.87%-61.79%63.20%10.91%
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Free Cash Flow Margin
18.42%17.98%12.82%-3.32%10.51%13.08%
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EBITDA
1,4221,283330-383446.81234.66
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EBITDA Margin
15.16%14.45%4.67%-6.84%9.69%8.01%
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D&A For EBITDA
3436709366.3161.03
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EBIT
1,3881,247260-476380.51173.63
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EBIT Margin
14.80%14.04%3.68%-8.50%8.25%5.93%
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Effective Tax Rate
6.07%9.38%28.65%-7.19%-
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Revenue as Reported
9,3798,8807,0605,6004,6122,929
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Advertising Expenses
-546497505420.09240.56
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Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q