Shopify Inc. (SHOP)

Revenue

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Subscription Solutions Revenue	2.88B	2.75B	2.35B
Subscription Solutions Revenue Growth	4.72%	17.11%	27.93%
Merchant Solutions Revenue	9.48B	8.80B	6.53B
Merchant Solutions Revenue Growth	7.72%	34.82%	25.02%
Revenue (Total)	12.37B	11.56B	8.88B
Revenue (Total) Growth	7.01%	30.14%	25.78%

Revenue by Geography

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
United States Revenue	-	7.33B	5.71B
United States Revenue Growth	-	28.43%	22.78%
Canada Revenue	-	567.00M	483.00M
Canada Revenue Growth	-	17.39%	24.48%
EMEA Revenue	-	2.43B	1.71B
EMEA Revenue Growth	-	42.12%	36.02%
APAC Revenue	-	1.13B	885.00M
APAC Revenue Growth	-	27.46%	26.61%
Latin America Revenue	-	104.00M	97.00M
Latin America Revenue Growth	-	7.22%	40.58%
Revenue (Total)	12.37B	11.56B	8.88B
Revenue (Total) Growth	7.01%	30.14%	25.78%

Gross Profit

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Subscription Solutions Gross Profit	2.34B	2.23B	1.92B
Subscription Solutions Gross Profit Growth	4.70%	16.49%	29.20%
Merchant Solutions Gross Profit	3.60B	3.32B	2.56B
Merchant Solutions Gross Profit Growth	8.19%	30.01%	25.79%
Gross Profit (Total)	5.93B	5.56B	4.47B
Gross Profit (Total) Growth	6.79%	24.22%	27.23%

Key Performance Indicators

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Monthly Recurring Revenue	212.00M	205.00M	178.00M
Monthly Recurring Revenue Growth	3.42%	15.17%	23.61%
Gross Merchandise Volume	404.43B	378.44B	292.28B
Gross Merchandise Volume Growth	6.87%	29.48%	23.89%
Gross Payments Volume	267.70B	248.10B	181.00B
Gross Payments Volume Growth	7.90%	37.07%	32.12%
Attach Rate	-	3.05%	3.04%

Data Source: Fiscal.ai Last updated: May 5, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 18, 2026

Data Sources Report a data error