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SHOPIFY INC. Revenue 2013-2026 | SHOP

Annual FY2013–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$11.56B

+30.1%YoY vs FY2024Source: 10-KFY2025

From $50.3M in FY2013 to $11.56B in FY2025: 230.0× in 12 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$3.2B+34.3%Not reportedNot reportedNot reported
FY25$2.4B+26.8%$2.7B+31.1%$2.8B+31.5%$3.7B+30.6%
FY24$1.9B$2.0B$2.2B$2.8B
Share21%23%24%32%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+31.6%

FY2020
$2.93B
FY2025
$11.56B

5 years selected · on the chart

Revenue History

Year-over-year comparison from 10-K annual reports

  1. $11.56B
YoY changeLargest recent move+85.6%in FY20Latest +30.1%

Revenue, period by period

PeriodValueChangeSource
FY2025$11.56B+30.1%10-K
FY2024$8.88B+25.8%10-K
FY2023$7.06B+26.1%10-K
FY2022$5.60B+21.4%10-K
FY2021$4.61B+57.4%10-K
FY2020$2.93B+85.6%10-K
FY2019$1.58B+47.0%10-K
FY2018$1.07B+59.4%10-K
FY2017$673.3M+72.9%10-K
FY2016$389.3M+89.7%10-K
FY2015$205.2M+95.4%10-K
FY2014$105.0M+109.0%10-K
FY2013$50.3M—10-K

What is revenue?

Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.

What is SHOPIFY INC.'s current revenue?

SHOPIFY INC. (SHOP) annual revenue for 2025 was $11.56B, a 30.14% increase from 2024. SHOPIFY INC. revenue for the quarter ending March 31, 2026 was $3.17B.

What was SHOPIFY INC.'s revenue in 2024?

SHOPIFY INC. annual revenue for 2024 was $8.88B, a 25.78% increase from 2023.

What was SHOPIFY INC.'s revenue in 2023?

SHOPIFY INC. annual revenue for 2023 was $7.06B, a 26.07% increase from 2022.

What is SHOPIFY INC.'s 5-year revenue CAGR?

SHOPIFY INC. revenue grew at a compound annual growth rate (CAGR) of 31.58% from FY2020 to FY2025, going from $2.93B to $11.56B over 5 years.

Company
SHOPIFY INC.
Ticker
SHOP
Sector
Technology
Industry
Services-Prepackaged Software