Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
151.07
-3.83 (-2.47%)
At close: Aug 7, 2025, 4:00 PM
151.00
-0.07 (-0.05%)
After-hours: Aug 7, 2025, 7:59 PM EDT

Shopify Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 20202016 - 2020
Period Ending
Jun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2016 - 2020
10,0148,8807,0605,6004,6122,929
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Revenue Growth (YoY)
28.98%25.78%26.07%21.43%57.43%85.63%
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Cost of Revenue
5,0734,4083,5452,8462,1311,388
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Gross Profit
4,9414,4723,5152,7542,4811,542
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Selling, General & Admin
1,9451,8511,6221,7311,217803.52
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Research & Development
1,4351,3511,6121,485818.79518
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Other Operating Expenses
3023211465.3246.38
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Operating Expenses
3,4103,2253,2553,2302,1011,368
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Operating Income
1,5311,247260-476380.51173.63
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Interest Expense
-----3.49-9.09
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Interest & Investment Income
3203082417515.3623.43
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Earnings From Equity Investments
-97-138-58---
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Currency Exchange Gain (Loss)
24-81-20.290.67
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Other Non Operating Income (Expenses)
-289-227-152-135-81.72-51.85
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EBT Excluding Unusual Items
1,4891,182292-538310.94136.79
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Merger & Restructuring Charges
---148-30--
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Gain (Loss) on Sale of Investments
1,1019911,419-2,8742,860135.19
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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
-55--97--
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Pretax Income
2,5902,228185-3,6233,141240.36
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Income Tax Expense
24520953-163225.93-79.15
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Net Income
2,3452,019132-3,4602,915319.51
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Net Income to Common
2,3452,019132-3,4602,915319.51
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Net Income Growth
84.21%1429.55%--812.23%-
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Shares Outstanding (Basic)
1,2941,2901,2821,2661,2471,196
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Shares Outstanding (Diluted)
1,3121,3021,2961,2661,2741,235
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Shares Change (YoY)
0.88%0.46%2.31%-0.58%3.16%9.23%
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EPS (Basic)
1.811.570.10-2.732.340.27
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EPS (Diluted)
1.791.550.10-2.732.290.26
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EPS Growth
82.83%1409.81%--784.34%-
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Free Cash Flow
1,8171,597905-186484.92383.23
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Free Cash Flow Per Share
1.391.230.70-0.150.380.31
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Gross Margin
49.34%50.36%49.79%49.18%53.80%52.62%
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Operating Margin
15.29%14.04%3.68%-8.50%8.25%5.93%
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Profit Margin
23.42%22.74%1.87%-61.79%63.20%10.91%
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Free Cash Flow Margin
18.14%17.98%12.82%-3.32%10.51%13.08%
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EBITDA
1,5631,283330-383446.81234.66
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EBITDA Margin
15.61%14.45%4.67%-6.84%9.69%8.01%
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D&A For EBITDA
3236709366.3161.03
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EBIT
1,5311,247260-476380.51173.63
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EBIT Margin
15.29%14.04%3.68%-8.50%8.25%5.93%
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Effective Tax Rate
9.46%9.38%28.65%-7.19%-
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Revenue as Reported
10,0148,8807,0605,6004,6122,929
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Advertising Expenses
-546497505420.09240.56
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Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q