Shopify Net Income 2013-2024 | SHOP

Shopify annual/quarterly net income history and growth rate from 2013 to 2024. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.
  • Shopify net income for the quarter ending December 31, 2024 was $1.293B, a 96.8% increase year-over-year.
  • Shopify net income for the twelve months ending December 31, 2024 was $2.019B, a 1429.55% increase year-over-year.
  • Shopify annual net income for 2024 was $2.019B, a 1429.55% increase from 2023.
  • Shopify annual net income for 2023 was $0.132B, a 103.82% decline from 2022.
  • Shopify annual net income for 2022 was $-3.46B, a 218.71% decline from 2021.
Shopify Annual Net Income
(Millions of US $)
2024 $2,019
2023 $132
2022 $-3,460
2021 $2,915
2020 $320
2019 $-125
2018 $-65
2017 $-40
2016 $-35
2015 $-19
2014 $-22
2013 $-5
2012 $-1
Shopify Quarterly Net Income
(Millions of US $)
2024-12-31 $1,293
2024-09-30 $828
2024-06-30 $171
2024-03-31 $-273
2023-12-31 $657
2023-09-30 $718
2023-06-30 $-1,311
2023-03-31 $68
2022-12-31 $-623
2022-09-30 $-159
2022-06-30 $-1,204
2022-03-31 $-1,474
2021-12-31 $-371
2021-09-30 $1,148
2021-06-30 $879
2021-03-31 $1,258
2020-12-31 $124
2020-09-30 $191
2020-06-30 $36
2020-03-31 $-31
2019-12-31 $1
2019-09-30 $-73
2019-06-30 $-29
2019-03-31 $-24
2018-12-31 $-2
2018-09-30 $-23
2018-06-30 $-24
2018-03-31 $-16
2017-12-31 $-3
2017-09-30 $-9
2017-06-30 $-14
2017-03-31 $-14
2016-12-31 $-9
2016-09-30 $-9
2016-06-30 $-8
2016-03-31 $-9
2015-12-31 $-6
2015-09-30 $-5
2015-06-30 $-3
2015-03-31 $-5
2014-12-31 $-5
2014-09-30 $-4
2014-06-30 $-7
2014-03-31 $-6
2013-12-31
2012-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $118.826B $8.880B
Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.
Stock Name Country Market Cap PE Ratio
Alphabet (GOOG) United States $1873.401B 17.21
Alphabet (GOOGL) United States $1853.621B 17.03
Tencent Holding (TCEHY) China $582.389B 22.05
Uber Technologies (UBER) United States $173.170B 14.50
DoorDash (DASH) United States $77.096B 238.34
Trade Desk (TTD) United States $35.242B 86.63
Baidu (BIDU) China $30.006B 9.57
KE Holdings (BEKE) China $23.321B 36.42
Zillow (Z) United States $16.477B 0.00
Rakuten (RKUNY) Japan $13.171B 0.00
Akamai Technologies (AKAM) United States $11.141B 17.33
Dropbox (DBX) United States $8.890B 16.64
Square Enix Holdings (SQNXF) Japan $6.993B 30.50
Lyft (LYFT) United States $6.960B 79.29
PCCW (PCCWY) Hong Kong, SAR China $5.441B 0.00
United Internet AG (UDIRF) Germany $4.714B 0.00
CyberAgent (CYGIY) Japan $4.558B 28.12
CyberAgent (CYAGF) Japan $4.091B 23.76
Internet Initiative Japan (IIJIY) Japan $3.329B 23.60
Autohome (ATHM) China $3.015B 12.27
DeNA Co (DNACF) Japan $2.474B 15.43
JOYY (JOYY) Singapore $2.278B 9.02
Upwork (UPWK) United States $2.221B 10.11
IQIYI (IQ) China $1.810B 13.43
Vnet Group (VNET) China $1.534B 0.00
Sprout Social (SPT) United States $1.380B 0.00
Uxin (UXIN) China $0.856B 0.00
HealthStream (HSTM) United States $0.850B 44.19
Yirendai (YRD) China $0.541B 2.49
Cango (CANG) China $0.470B 12.24
ZKH Group (ZKH) China $0.358B 0.00
Trivago ADS (TRVG) Germany $0.343B 70.00
Sohu (SOHU) China $0.310B 0.00
Xunlei (XNET) China $0.272B 12.84
Eventbrite (EB) United States $0.236B 0.00
Crexendo (CXDO) United States $0.164B 31.33
Sify Technologies (SIFY) India $0.134B 0.00
TrueCar (TRUE) United States $0.122B 0.00
Chykingyoung Investment Development Holdings (CHYI) Canada $0.111B 0.00
Viomi Technology (VIOT) China $0.091B 0.00
Metalpha Technology Holding (MATH) Hong Kong, SAR China $0.083B 0.00
LivePerson (LPSN) United States $0.081B 0.00
Sunlands Technology Group (STG) China $0.073B 1.52
Marchex (MCHX) United States $0.061B 0.00
Ealixir (EAXR) United States $0.057B 94.00
Yatra Online (YTRA) India $0.044B 69.00
Focus Universal (FCUV) United States $0.035B 0.00
Data Storage (DTST) United States $0.026B 52.57
Bridgeline Digital (BLIN) United States $0.021B 0.00
GigaMedia (GIGM) Taiwan $0.016B 0.00
Senmiao Technology (AIHS) China $0.010B 0.00
Taoping (TAOP) China $0.003B 0.00
CooTek (Cayman) (CTK) China $0.000B 0.00
Internap (INAPQ) United States $0.000B 0.00
China Finance Online (JRJC) China $0.000B 0.00