SHOPIFY INC. Net Income 2013-2025 | SHOP
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What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is SHOPIFY INC.'s current net income?
SHOPIFY INC. (SHOP) annual net income for 2025 was $1.23B, a 39.03% decline from 2024. SHOPIFY INC. net income for the quarter ending December 31, 2025 was $743.0M.
What was SHOPIFY INC.'s net income in 2024?
SHOPIFY INC. annual net income for 2024 was $2.02B, a 1429.55% increase from 2023.
What was SHOPIFY INC.'s net income in 2023?
SHOPIFY INC. annual net income for 2023 was $132.0M, a 103.82% increase from 2022.
What is SHOPIFY INC.'s 5-year net income CAGR?
SHOPIFY INC. net income grew at a compound annual growth rate (CAGR) of 30.96% from FY2020 to FY2025, going from $319.5M to $1.23B over 5 years.
Net Income History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+31.0%
FY2020
$319.5M
→
FY2025
$1.23B
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5 years selected
Net Income History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $1.23B | -39.0% | 10-K |
| FY2024 | $2.02B | +1429.5% | 10-K |
| FY2023 | $132.0M | +103.8% | 10-K |
| FY2022 | $-3.46B | -218.7% | 10-K |
| FY2021 | $2.91B | +812.2% | 10-K |
| FY2020 | $319.5M | +355.9% | 10-K |
| FY2019 | $-124.8M | -93.4% | 10-K |
| FY2018 | $-64.6M | -61.4% | 10-K |
| FY2017 | $-40.0M | -13.1% | 10-K |
| FY2016 | $-35.4M | -88.2% | 10-K |
| FY2015 | $-18.8M | +15.8% | 10-K |
| FY2014 | $-22.3M | -361.3% | 10-K |
| FY2013 | $-4.8M | - | 10-K |
Company: SHOPIFY INC.Ticker: SHOPSector: TechnologyIndustry: Services-Prepackaged SoftwareView company profile →