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Shopify Inc. (SHOP)
NYSE: SHOP · IEX Real-Time Price · USD
59.94
+0.50 (0.84%)
Jul 26, 2024, 4:00 PM EDT - Market closed

Shopify Revenue

Shopify had revenue of $1.86B in the quarter ending March 31, 2024, with 23.41% growth. This brings the company's revenue in the last twelve months to $7.41B, up 25.56% year-over-year. In the year 2023, Shopify had annual revenue of $7.06B with 26.07% growth.

Revenue (ttm)
$7.41B
Revenue Growth
+25.56%
P/S Ratio
10.51
Revenue / Employee
$639,052
Employees
11,600
Market Cap
77.24B

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 20237.06B1.46B26.07%
Dec 31, 20225.60B988.14M21.43%
Dec 31, 20214.61B1.68B57.43%
Dec 31, 20202.93B1.35B85.63%
Dec 31, 20191.58B504.94M47.05%
Dec 31, 2018 Pro Pro Pro
Dec 31, 2017 Pro Pro Pro
Dec 31, 2016 Pro Pro Pro
Dec 31, 2015 Pro Pro Pro
Dec 31, 2014 Pro Pro Pro
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition

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