Shopify Net Income/Loss 2013-2024 | SHOP

Shopify annual/quarterly net income/loss history and growth rate from 2013 to 2024. Net income/loss can be defined as the company's total income or loss before preferred stock dividends, taken from the Income Statement
  • Shopify net income/loss for the quarter ending September 30, 2024 was $0.726B, a 238.29% decline year-over-year.
  • Shopify net income/loss for the twelve months ending September 30, 2024 was $483M, a 109.36% decline year-over-year.
  • Shopify annual net income/loss for 2023 was $0.132B, a 103.82% decline from 2022.
  • Shopify annual net income/loss for 2022 was $-3.46B, a 218.71% decline from 2021.
  • Shopify annual net income/loss for 2021 was $2.915B, a 812.23% increase from 2020.
Shopify Annual Net Income/Loss
(Millions of US $)
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
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $138.020B $7.060B
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.
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