01—History
Gross Profit History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $5.55B
02—Ledger
Gross Profit, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2025 | $5.55B | +24.2% | 10-K | |
| FY2024 | $4.47B | +27.2% | 10-K | |
| FY2023 | $3.52B | +27.6% | 10-K | |
| FY2022 | $2.75B | +11.0% | 10-K | |
| FY2021 | $2.48B | +61.0% | 10-K | |
| FY2020 | $1.54B | +78.1% | 10-K | |
| FY2019 | $865.6M | +45.2% | 10-K | |
| FY2018 | $596.3M | +56.8% | 10-K | |
| FY2017 | $380.3M | +81.5% | 10-K | |
| FY2016 | $209.5M | +85.0% | 10-K | |
| FY2015 | $113.3M | +83.3% | 10-K | |
| FY2014 | $61.8M | +68.2% | 10-K | |
| FY2013 | $36.7M | — | 10-K |
03—Questions
What is gross profit?
Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.
What is SHOPIFY INC.'s current gross profit?
SHOPIFY INC. (SHOP) annual gross profit for 2025 was $5.55B, a 24.22% increase from 2024. SHOPIFY INC. gross profit for the quarter ending March 31, 2026 was $1.55B.
What was SHOPIFY INC.'s gross profit in 2024?
SHOPIFY INC. annual gross profit for 2024 was $4.47B, a 27.23% increase from 2023.
What was SHOPIFY INC.'s gross profit in 2023?
SHOPIFY INC. annual gross profit for 2023 was $3.52B, a 27.63% increase from 2022.
What is SHOPIFY INC.'s 5-year gross profit CAGR?
SHOPIFY INC. gross profit grew at a compound annual growth rate (CAGR) of 29.23% from FY2020 to FY2025, going from $1.54B to $5.55B over 5 years.
- Company
- SHOPIFY INC.
- Ticker
- SHOP
- Sector
- Technology
- Industry
- Services-Prepackaged Software