Shopify Net Income 2013-2023 | SHOP
Shopify annual/quarterly net income history and growth rate from 2013 to 2023. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.
- Shopify net income for the quarter ending March 31, 2023 was $0.068B, a 104.61% decline year-over-year.
- Shopify net income for the twelve months ending March 31, 2023 was $-1.918B, a 1152.84% decline year-over-year.
- Shopify annual net income for 2022 was $-3.46B, a 218.72% decline from 2021.
- Shopify annual net income for 2021 was $2.915B, a 812.23% increase from 2020.
- Shopify annual net income for 2020 was $0.32B, a 355.93% decline from 2019.
Shopify Annual Net Income
(Millions of US $) |
| 2022 |
$-3,460 |
| 2021 |
$2,915 |
| 2020 |
$320 |
| 2019 |
$-125 |
| 2018 |
$-65 |
| 2017 |
$-40 |
| 2016 |
$-35 |
| 2015 |
$-19 |
| 2014 |
$-22 |
| 2013 |
$-5 |
| 2012 |
$-1 |
Shopify Quarterly Net Income
(Millions of US $) |
| 2023-03-31 |
$68 |
| 2022-12-31 |
$-624 |
| 2022-09-30 |
$-158 |
| 2022-06-30 |
$-1,204 |
| 2022-03-31 |
$-1,474 |
| 2021-12-31 |
$-371 |
| 2021-09-30 |
$1,148 |
| 2021-06-30 |
$879 |
| 2021-03-31 |
$1,258 |
| 2020-12-31 |
$124 |
| 2020-09-30 |
$191 |
| 2020-06-30 |
$36 |
| 2020-03-31 |
$-31 |
| 2019-12-31 |
$1 |
| 2019-09-30 |
$-73 |
| 2019-06-30 |
$-29 |
| 2019-03-31 |
$-24 |
| 2018-12-31 |
$-2 |
| 2018-09-30 |
$-23 |
| 2018-06-30 |
$-24 |
| 2018-03-31 |
$-16 |
| 2017-12-31 |
$-3 |
| 2017-09-30 |
$-9 |
| 2017-06-30 |
$-14 |
| 2017-03-31 |
$-14 |
| 2016-12-31 |
$-9 |
| 2016-09-30 |
$-9 |
| 2016-06-30 |
$-8 |
| 2016-03-31 |
$-9 |
| 2015-12-31 |
$-6 |
| 2015-09-30 |
$-5 |
| 2015-06-30 |
$-3 |
| 2015-03-31 |
$-5 |
| 2014-12-31 |
$-5 |
| 2014-09-30 |
$-4 |
| 2014-06-30 |
$-7 |
| 2014-03-31 |
$-6 |
| 2013-12-31 |
|
| 2012-12-31 |
|
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Internet Services |
$74.286B |
$5.600B |
|
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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