01—History
Retained Earnings History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $2.86B
2 older moves run past ±150% (largest +19122.4%); point at, tap or drag across the bars to read one.
02—Ledger
Retained Earnings, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2025 | $2.86B | +75.6% | 10-K | |
| FY2024 | $1.63B | +517.7% | 10-K | |
| FY2023 | −$390.0M | +25.3% | 10-K | |
| FY2022 | −$522.0M | −117.8% | 10-K | |
| FY2021 | $2.94B | +19122.4% | 10-K | |
| FY2020 | $15.3M | +105.0% | 10-K | |
| FY2019 | −$304.2M | −62.0% | 10-K | |
| FY2018 | −$187.8M | −52.4% | 10-K | |
| FY2017 | −$123.2M | −48.1% | 10-K | |
| FY2016 | −$83.2M | −73.9% | 10-K | |
| FY2015 | −$47.9M | −64.7% | 10-K | |
| FY2014 | −$29.1M | — | 10-K |
03—Questions
What is retained earnings?
Retained earnings represent the cumulative net income that has been reinvested in the business rather than distributed as dividends to shareholders.
What is SHOPIFY INC.'s current retained earnings?
SHOPIFY INC. (SHOP) annual retained earnings for 2025 was $2.86B, a 75.57% increase from 2024. SHOPIFY INC. retained earnings for the quarter ending March 31, 2026 was $2.28B.
What was SHOPIFY INC.'s retained earnings in 2024?
SHOPIFY INC. annual retained earnings for 2024 was $1.63B, a 517.69% increase from 2023.
What was SHOPIFY INC.'s retained earnings in 2023?
SHOPIFY INC. annual retained earnings for 2023 was $-390.0M, a 25.29% increase from 2022.
What is SHOPIFY INC.'s 5-year retained earnings CAGR?
SHOPIFY INC. retained earnings grew at a compound annual growth rate (CAGR) of 184.72% from FY2020 to FY2025, going from $15.3M to $2.86B over 5 years.
- Company
- SHOPIFY INC.
- Ticker
- SHOP
- Sector
- Technology
- Industry
- Services-Prepackaged Software