Shopify Inc. (SHOP)

Shopify Revenue

Shopify had revenue of $3.74B in the quarter ending September 30, 2026, with 31.58% growth. This brings the company's total for the last twelve months to $14.17B, up 32.45% year-over-year. In the year 2025, Shopify had annual revenue of $11.56B with 30.14% growth. That makes Shopify the 1,090th largest company in the world by revenue and 354th in the United States.

• Revenue (ttm): $14.17B
• Revenue Growth: +32.45%
• P/S Ratio: 13.05
• Revenue / Employee: $1,864,079
• Employees: 7,600
• Market Cap: 184.94B

Revenue Chart

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Revenue by Segment

By Segment

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• Merchant Solutions 8.80B 76.2%
• Subscription Solutions 2.75B 23.8%

By Geography

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• United States 7.33B 63.4%
• EMEA 2.43B 21.0%
• APAC 1.13B 9.8%
• Canada 567.00M 4.9%
• Latin America 104.00M 0.9%

Fiscal year ended Dec 31, 2025 See the full Shopify breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	11.56B	2.68B	30.14%
Dec 31, 2024	8.88B	1.82B	25.78%
Dec 31, 2023	7.06B	1.46B	26.07%
Dec 31, 2022	5.60B	988.14M	21.43%
Dec 31, 2021	4.61B	1.68B	57.43%
Dec 31, 2020	2.93B	1.35B	85.63%
Dec 31, 2019	1.58B	504.94M	47.05%
Dec 31, 2018	1.07B	399.93M	59.40%
Dec 31, 2017	673.30M	283.97M	72.94%
Dec 31, 2016	389.33M	184.10M	89.70%
Dec 31, 2015	205.23M	100.22M	95.43%
Dec 31, 2014	105.02M	54.77M	108.98%
Dec 31, 2013	50.25M	-	-

Data Source: Fiscal.ai Last updated: Nov 3, 2026

Revenue 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:

Nov 6, 2026

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