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Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
102.54
-7.87 (-7.13%)
At close: May 11, 2026, 4:00 PM EDT
102.91
+0.37 (0.36%)
After-hours: May 11, 2026, 7:59 PM EDT

Shopify Operating Metrics

Period EndingSep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017Dec 31, 2016Sep 30, 2016Jun 30, 2016Mar 31, 2016Dec 31, 2015Sep 30, 2015
Gross Merchandise Volume
272.92B259.40B----
Gross Merchandise Volume Growth
23.06%22.49%----
Gross Payment Volume
165.30B155.20B145.80B137.12B126.22B118.42B111.62B106.10B----
Gross Payment Volume Growth
30.96%31.06%30.62%29.23%26.72%24.52%23.33%23.66%----
Monthly Recurring Revenue
644.00M610.00M--
Monthly Recurring Revenue Growth
27.40%29.37%--
Gross Payment Volume Percent of Gross Merchandise Volume
246.00240.00238.00236.00--
Attach Rate
12.2012.1211.8211.80
Attach Rate Growth
3.21%2.71%-3.59%-3.59%

Revenue by Segment

Period EndingSep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017Dec 31, 2016Sep 30, 2016Jun 30, 2016
Merchant Solutions
6.02B5.70B
Merchant Solutions Growth
21.91%21.19%
Subscription Solutions
2.21B2.09B
Subscription Solutions Growth
29.03%30.13%

Gross Margin by Segment

Period EndingSep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017Dec 31, 2016Sep 30, 2016Jun 30, 2016
Subscription
82.2982.80
Merchant
39.6939.10

Gross Profit by Segment

Period EndingSep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017Dec 31, 2016Sep 30, 2016Jun 30, 2016
Merchant
2.37B2.26B
Merchant Growth
25.93%29.17%
Subscription
1.81B1.71B
Subscription Growth
32.31%34.98%

Operating Expense Breakdown

Period EndingSep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017Dec 31, 2016Sep 30, 2016Jun 30, 2016
Sales and Marketing
1.36B1.33B
Sales and Marketing Growth
13.43%9.75%
Research and Development
1.33B1.31B
Research and Development Growth
-28.64%-33.23%
General and Administrative
398.00M421.00M
General and Administrative Growth
-34.29%-41.83%
Transaction and Loan Losses
196.00M172.00M
Transaction and Loan Losses Growth
38.69%18.57%
Source: Business metrics provided by TipRanks and sourced from official company press releases and documents.