Shopify Gross Profit 2013-2023 | SHOP
Shopify annual/quarterly gross profit history and growth rate from 2013 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Shopify gross profit for the quarter ending December 31, 2023 was $1.062B, a 33.08% increase year-over-year.
- Shopify gross profit for the twelve months ending December 31, 2023 was $3.515B, a 27.63% increase year-over-year.
- Shopify annual gross profit for 2023 was $3.515B, a 27.63% increase from 2022.
- Shopify annual gross profit for 2022 was $2.754B, a 11% increase from 2021.
- Shopify annual gross profit for 2021 was $2.481B, a 60.95% increase from 2020.
| Shopify Annual Gross Profit (Millions of US $) |
|
|---|---|
| 2023 | $3,515 |
| 2022 | $2,754 |
| 2021 | $2,481 |
| 2020 | $1,542 |
| 2019 | $866 |
| 2018 | $596 |
| 2017 | $380 |
| 2016 | $209 |
| 2015 | $113 |
| 2014 | $62 |
| 2013 | $37 |
| 2012 | $19 |
| Shopify Quarterly Gross Profit (Millions of US $) |
|
|---|---|
| 2023-12-31 | $1,062 |
| 2023-09-30 | $901 |
| 2023-06-30 | $835 |
| 2023-03-31 | $717 |
| 2022-12-31 | $798 |
| 2022-09-30 | $662 |
| 2022-06-30 | $656 |
| 2022-03-31 | $638 |
| 2021-12-31 | $693 |
| 2021-09-30 | $609 |
| 2021-06-30 | $621 |
| 2021-03-31 | $559 |
| 2020-12-31 | $504 |
| 2020-09-30 | $405 |
| 2020-06-30 | $375 |
| 2020-03-31 | $257 |
| 2019-12-31 | $264 |
| 2019-09-30 | $217 |
| 2019-06-30 | $205 |
| 2019-03-31 | $180 |
| 2018-12-31 | $186 |
| 2018-09-30 | $150 |
| 2018-06-30 | $137 |
| 2018-03-31 | $124 |
| 2017-12-31 | $121 |
| 2017-09-30 | $100 |
| 2017-06-30 | $87 |
| 2017-03-31 | $72 |
| 2016-12-31 | $68 |
| 2016-09-30 | $54 |
| 2016-06-30 | $48 |
| 2016-03-31 | $40 |
| 2015-12-31 | $38 |
| 2015-09-30 | $29 |
| 2015-06-30 | $25 |
| 2015-03-31 | $22 |
| 2014-12-31 | $20 |
| 2014-09-30 | $16 |
| 2014-06-30 | $14 |
| 2014-03-31 | $12 |
| 2013-12-31 | |
| 2012-12-31 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Internet Services | $89.430B | $7.060B |
| Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth. | |||
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