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 December 31, 2023 was $0.657B, a 205.46% decline year-over-year.
  • Shopify net income for the twelve months ending December 31, 2023 was $132M, a 103.82% decline year-over-year.
  • Shopify annual net income for 2023 was $0.132B, a 103.82% decline from 2022.
  • Shopify annual net income for 2022 was $-3.46B, a 218.71% decline from 2021.
  • Shopify annual net income for 2021 was $2.915B, a 812.23% increase from 2020.
Shopify Annual Net Income
(Millions of US $)
2023 $132
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 $)
2023-12-31 $657
2023-09-30 $718
2023-06-30 $-1,311
2023-03-31 $68
2022-12-31 $-623
2022-09-30 $-159
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 $97.118B $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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