01—History
Net Income History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $1.23B
5 older moves run past ±150% (largest +1429.5%); point at, tap or drag across the bars to read one.
02—Ledger
Net Income, period by period
| Period | Scale | 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 |
03—Questions
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 March 31, 2026 was $-581.0M.
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.
- Company
- SHOPIFY INC.
- Ticker
- SHOP
- Sector
- Technology
- Industry
- Services-Prepackaged Software