Shopify Net Income/Loss 2013-2024 | SHOP
- 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 | $142.079B | $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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